v3.26.1
BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
 CURRENT ASSETS    
 Cash and cash equivalents $ 47,209,148 $ 69,017,354
 Marketable securities 48,701,814
 Accounts receivable 16,129 190,753
 Prepaid expenses and other current assets 2,149,099 601,101
TOTAL CURRENT ASSETS  98,076,190 69,809,208
PROPERTY AND EQUIPMENT - net of accumulated depreciation of $8,749,364 and $7,802,183, respectively 5,791,113 5,222,252
OTHER ASSETS    
Intangible assets - net of accumulated amortization of $417,462 and $473,771, respectively 1,879,357 1,713,420
Operating lease - right of use asset 2,332,229 2,440,369
TOTAL OTHER ASSETS  4,211,586 4,153,789
 TOTAL ASSETS 108,078,889 79,185,249
 CURRENT LIABILITIES    
 Accounts payable 445,397 477,939
 Accrued bonuses and accrued expenses 806,337 1,400,008
 Accounts payable and accrued expenses - related parties 56,250
 Contract liability 100,000 6,541
 Current operating lease liability 209,057 194,770
TOTAL CURRENT LIABILITIES  1,560,791 2,135,508
 LONG TERM LIABILITIES    
 Long-term operating lease liability 2,294,732 2,403,911
TOTAL LONG TERM LIABILITIES  2,294,732 2,403,911
 TOTAL LIABILITIES 3,855,523 4,539,419
 STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 1,000,000 authorized,      no shares issued or outstanding
Common stock $0.001 par value, 250,000,000 authorized,      154,166,422 and 146,050,506 issued and outstanding, respectively 154,167 146,051
Additional paid-in-capital 284,458,018 242,016,025
Deferred compensation (112,793) (203,458)
Accumulated deficit (180,227,125) (167,312,788)
Accumulated other comprehensive loss (48,901)
 TOTAL STOCKHOLDERS' EQUITY 104,223,366 74,645,830
 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 108,078,889 $ 79,185,249