| Schedule of Reportable Segment Profit and Loss, Including Significant Expense Categories |
The
following table presents reportable segment profit and loss, including significant expense categories, attributable to our reportable
segment for the three and six months ended June 30, 2026 and 2025:
Schedule of Reportable Segment Profit and Loss, Including Significant Expense Categories
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | | |
Six Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Preclinical, clinical trial and other costs | |
$ | 326,117 | | |
$ | 2,142,229 | | |
$ | 1,749,158 | | |
$ | 3,339,263 | |
| Research and development personnel expense(1) | |
| 323,760 | | |
| 305,057 | | |
| 709,883 | | |
| 696,504 | |
| General and administrative personnel expense(2) | |
| 585,743 | | |
| 628,330 | | |
| 1,262,170 | | |
| 1,302,167 | |
| Administrative and facilities expense(3) | |
| 1,100,518 | | |
| 875,167 | | |
| 1,946,141 | | |
| 1,459,839 | |
| Other expense, net(4) | |
| 929,356 | | |
| (16,865 | ) | |
| 975,321 | | |
| (29,450 | ) |
| Total | |
$ | 3,265,494 | | |
$ | 3,933,918 | | |
$ | 6,642,673 | | |
$ | 6,768,323 | |
| Net Loss | |
$ | 3,265,494 | | |
$ | 3,933,918 | | |
$ | 6,642,673 | | |
$ | 6,768,323 | |
| (1) |
|
Research
and development personnel costs include employee stock-based compensation expense of $17,145 and $8,613 for the three months ended
June 30, 2026 and 2025, respectively, and $34,289 and $55,333 for the six months ended June 30, 2026 and 2025, respectively. |
| (2) |
|
General
and administrative personnel costs include employee stock-based compensation expense of $48,528
and $122,655
for the three months ended June 30, 2026 and 2025, respectively, and $100,915
and $245,310
for the six months ended June 30, 2026 and 2025, respectively, and are net of reimbursements received from CorLyst, LLC. |
| (3) |
|
Administrative
& facilities expense primarily consists of facilities expenses, office expenses, legal costs, insurance, consulting, travel,
and other administrative costs. |
| (4) |
|
Other
income, net consists of interest and dividend income, realized and unrealized loss on our digital asset, and other miscellaneous
income. |
|