v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,527,116) $ (5,675,312)
Adjustments to reconcile net loss to net cash used in operating activities:    
Research and development-acquired patent, expensed 850,500
Stock-based compensation 625,485 219,929
Stock-based professional fees 51,594 55,525
Lease costs (1,026) 3,245
Realized loss on crypto assets 44,165
Changes in operating assets and liabilities:    
Prepaid expenses (149,220) (155,221)
Accounts payable and accrued expenses (63,264) (459,527)
NET CASH USED IN OPERATING ACTIVITIES (6,019,382) (5,160,861)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of crypto assets 147,202
NET CASH PROVIDED BY INVESTING ACTIVITIES 147,202
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net of offering costs 5,847,063 1,508,065
Proceeds from issuance of common stock and warrants, net of offering costs 1,669,051
Proceeds from exercise of warrants 5,625,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 7,516,114 7,133,065
NET INCREASE IN CASH AND CASH EQUIVALENTS 1,643,934 1,972,204
Effect of exchange rate changes on cash and cash equivalents 510 2,981
CASH AND CASH EQUIVALENTS - beginning of period 6,247,467 7,038,923
CASH AND CASH EQUIVALENTS - end of period 7,891,911 9,014,108
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued for future services 492,550
Reclassification of deferred offering costs to additional paid-in capital $ 57,171