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 $ (2,012,798) $ (2,229,040)
Adjustments to reconcile net loss to cash flows used in operating activities:    
Depreciation and amortization 21,029 96,820
Amortization of discount on royalty obligation 233,888 233,888
Amortization of debt discount 0 52,522
Impairment of intellectual property 6,374 0
Amortization of right-of-use asset 21,259 19,629
Loss on settlement of debt 147,000 187,514
Inventory write-down 136,253 0
Change in fair value of upfront purchase price liability 0 4,894
Change in fair value of royalty liability 0 (31,324)
Stock based compensation 230,821 307,159
Imputed interest for related party advances 30,347 18,814
Changes in operating assets and liabilities:    
Accounts receivable 185,765 (51,242)
Grant receivable (50,587) (153,728)
Inventory (36,379) 0
Prepaid expenses (162,084) (47,081)
Accounts payable and accrued expenses 449,796 950,355
Royalty liability (11,223) 0
Upfront purchase price liability (42,503) (155,673)
Lease liability (21,258) (19,629)
Deferred revenue, grant 1,040 0
Net cash used in operating activities (873,260) (816,122)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock subscription and royalty agreement 650,000 0
Payment to Economic Injury Disaster loan (767) (739)
Payment of notes payable - related party (5,000) (7,000)
Payment of notes payable (90,000) 0
Proceeds from notes payable - related party 200,904 847,700
Net cash provided by financing activities 755,137 839,961
Net (decrease) increase in cash (118,123) 23,839
Cash, beginning of period 139,360 88,033
Cash, end of period 21,237 111,872
Supplemental disclosures of cash flow information:    
Interest paid 1,411 1,439
Taxes paid 0 0
Noncash Investing and Financing Items    
Common stock issued in connection with conversion of promissory notes and accounts payable 0 965,000
Common stock issued in connection with conversion of related party promissory note 100,000 0
Common stock issued in connection with APA (Note 4) 0 153,500
Warrants issued in connection with APA (Note 4) 0 89,770
Conversion of accrued interests to principal of promissory notes 49,154 0
Common stock issued in connection with issuance of promissory notes $ 57,000 $ 36,800