v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,553,820 $ 8,507,628
Short-term investments 4,000,000
Prepaid expenses and other current assets 434,136 802,540
Total assets 11,987,956 9,310,168
Current liabilities:    
Accounts payable and other current liabilities 615,426 6,158,575
Total liabilities 615,426 6,158,575
Commitments and contingencies (Note 7)  
Stockholders’ equity:    
Common stock: $0.01 par value, 1,000,000,000 and 200,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 133,242,324 shares issued and outstanding as of June 30, 2026 and 2,167,324 shares issued and outstanding as of December 31, 2025 1,332,424 21,674
Preferred stock: $0.01 par value, 5,000,000 shares authorized as of June 30, 2026 and December 31, 2025; no shares issued and outstanding as of June 30, 2026 and 1,000,000 shares issued and outstanding as of December 31, 2025 10,000
Additional paid in capital 95,664,138 84,408,018
Accumulated deficit (85,624,032) (81,288,099)
Total stockholders’ equity 11,372,530 3,151,593
Total liabilities and stockholders’ equity $ 11,987,956 $ 9,310,168