v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 8,806,977 $ 13,360,340
Prepaid expenses 277,573 276,431
Other current assets 212,218 211,202
Total current assets 9,296,768 13,847,973
Equipment, net of accumulated depreciation of $647,801 and $612,245 at March 31, 2026 and December 31, 2025, respectively 318,474 390,869
Total assets 9,615,242 14,238,842
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Accounts payable 3,918,739 3,425,314
Accrued liabilities 1,195,746 1,579,147
Related party note 0 5,179,444
Other current liabilities 2,454,258 2,847,543
Total current liabilities 7,568,743 13,031,448
Due to related parties 16,074,795 15,435,053
Commitments and contingencies
STOCKHOLDERS' DEFICIT    
Common stock, par value $0.00001 per share; 150,000,000 shares authorized; 4,968,794 and 4,706,246 shares issued at March 31, 2026 and December 31, 2025, respectively 52 48
Additional paid-in capital 149,218,108 143,167,204
Accumulated other comprehensive loss (699,892) (718,916)
Accumulated deficit (162,546,564) (156,675,995)
Total stockholders' deficit (14,028,296) (14,227,659)
Total liabilities and stockholders' deficit $ 9,615,242 $ 14,238,842