v3.26.1
STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
NET SALES $ 32,751 $ 25,605 $ 61,918 $ 48,522
COST AND EXPENSE        
Cost of sales 3,463 1,336 5,491
Research and development 3,878,703 2,621,441 7,368,998 5,710,659
General and administrative 3,423,188 2,300,884 6,686,054 4,137,936
TOTAL COST AND EXPENSE  7,301,891 4,925,788 14,056,388 9,854,086
LOSS FROM OPERATIONS (7,269,140) (4,900,183) (13,994,470) (9,805,564)
OTHER INCOME (EXPENSE)        
Interest income and interest amortization on marketable securities 652,071 168,253 1,113,346 356,101
Commitment fee (235,801) (243,830)
Gain (loss) on disposal of property and equipment and intangible assets (5,270) (41,679) 28,800
Other income 8,542 1,098 8,466 836
NET LOSS (6,613,797) (4,966,633) (12,914,337) (9,663,657)
OTHER COMPREHENSIVE INCOME (LOSS)        
Net unrealized holding loss on available-for-sale debt securities (48,901) (48,901)
COMPREHENSIVE LOSS $ (6,662,698) $ (4,966,633) $ (12,963,238) $ (9,663,657)
LOSS PER SHARE        
Earnings Per Share, Basic $ (0.04) $ (0.04) $ (0.09) $ (0.08)
Earnings Per Share, Diluted $ (0.04) $ (0.04) $ (0.09) $ (0.08)
WEIGHTED AVERAGE NUMBER OF SHARES        
Weighted Average Number of Shares Outstanding, Basic 153,479,343 125,271,407 150,797,655 124,605,324
Weighted Average Number of Shares Outstanding, Diluted 153,479,343 125,271,407 150,797,655 124,605,324