v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Expenses        
Research and development expenses $ 649,877 $ 2,447,286 $ 2,459,041 $ 4,035,767
General and administrative expenses 1,686,261 1,503,497 3,208,311 2,762,006
Operating Loss (2,336,138) (3,950,783) (5,667,352) (6,797,773)
Other Income (Expense), net        
Unrealized loss on digital assets (768,348) (828,172)
Realized loss on digital assets (159,005) (159,005)
Other income 8,003 8,006
Interest (expense) income, net (2,003) 8,862 11,856 21,444
Total other income expenses (929,356) 16,865 (975,321) 29,450
Net Loss $ (3,265,494) $ (3,933,918) $ (6,642,673) $ (6,768,323)
Net Loss Per Common Share - Basic $ (1.19) $ (6.26) $ (2.47) $ (13.48)
Net Loss Per Common Share - Diluted $ (1.19) $ (6.26) $ (2.47) $ (13.48)
Weighted Average Common Shares Used to Compute Net Loss Applicable to Common Share - Basic 2,750,742 628,796 2,687,295 502,085
Weighted Average Common Shares Used to Compute Net Loss Applicable to Common Share - Diluted 2,750,742 628,796 2,687,295 502,085