v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 15,154,203 $ 7,830,855
Prepaid expenses and other 688,632 525,927
Total current assets 15,842,835 8,356,782
Other non-current assets:    
Research and development supplies 1,294,081 1,802,228
Total other assets 1,294,081 1,802,228
Total assets 17,136,916 10,159,010
Current liabilities:    
Accounts payables 293,579 743,070
Derivative liabilities - short term 22,500 0
Other current liabilities 2,025,785 1,431,564
Total current liabilities 2,341,864 2,174,634
Non-current liabilities:    
Derivative liabilities - long term 0 22,500
Total liabilities 2,341,864 2,197,134
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock $0.001 par value: 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock $0.001 par value: 200,000,000 shares authorized; 506,218 and 149,811 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 506 150
Additional paid-in capital 194,732,056 178,990,122
Accumulated deficit (179,937,510) (171,028,396)
Total stockholders’ equity 14,795,052 7,961,876
Total liabilities and stockholders’ equity $ 17,136,916 $ 10,159,010