v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 995,977 $ 3,619,949
Stock subsciption receivable   500,000
Other current assets 659,889 501,187
Total Current Assets 1,655,866 4,621,136
Property and equipment, net 434,887 300,639
Operating right-of-use assets 310,781 384,530
Other noncurrent assets 33,754 33,769
Goodwill 10,738,082 10,738,082
In-process research and development 11,275,000 11,275,000
Revolving credit facility debt issuance costs, net 7,297,883  
Total Assets 31,746,253 27,353,156
Current Liabilities:    
Accounts payable and accrued expenses 3,868,507 5,720,241
Revolving credit facility - interest and annual fee 172,344  
Revolving credit facility - commitment fee to be settled in shares 5,000,000  
Lease liabilities, current 214,175 199,041
Total Current Liabilities 9,255,026 5,919,282
Long-term Liabilities:    
Revolving credit facility borrowings, related party 3,600,000 0
Lease liability, long term 192,848 303,627
Deferred tax liability 197,919 197,919
Total Liabilities 13,245,793 6,420,828
Stockholders's Equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized; 63,682,528 and 59,336,104 shares issued and outstanding as of June 30, 2026 and December 31, 2025. 63,682 59,336
Additional paid-in capital 176,107,224 161,779,364
Accumulated deficit (157,948,976) (141,184,902)
Total Stockholders' Equity 18,500,460 20,932,328
Total Liabilities and Stockholders' Equity 31,746,253 27,353,156
Preferred Stock Series A [Member]    
Stockholders's Equity:    
Preferred Stock $ 278,530 $ 278,530