v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 6,918,141 $ 2,183,705
Accrued revenue 215,385 0
Prepaid expenses and other assets 336,994 400,451
Total current assets 7,470,520 2,584,156
Restricted cash 105,000 105,000
Property and equipment, net 1,662 2,525
Investments 116,670 116,670
Total assets 7,693,852 2,808,351
Current liabilities    
Accounts payable 169,945 168,151
Accrued expenses 446,507 503,871
Short term insurance financing 90,138 0
Total current liabilities 706,590 672,022
Total liabilities 706,590 672,022
Stockholders’ equity    
Series A Convertible Preferred stock, $0.00001 par value, 5,500,000 shares authorized; 73,449 shares issued and outstanding as of June 30, 2026 and December 31, 2025. 1 1
Common stock, $0.00001 par value, 100,000,000 shares authorized; 18,541,651 and 11,418,183 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively. 185 114
Additional paid-in capital 33,243,391 25,427,838
Accumulated deficit (26,256,315) (23,291,624)
Total stockholders’ equity 6,987,262 2,136,329
Total liabilities and stockholders’ equity $ 7,693,852 $ 2,808,351