| Schedule of Operating Segment |
The following table presents
selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30,
2026 and 2025:
| | |
For the
Three Months
Ended | | |
For the
Three Months
Ended | | |
For the
Six Months
Ended | | |
For the
Six Months
Ended | |
| | |
June 30, | | |
June 30, | | |
June 30, | | |
June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| OPERATING EXPENSES | |
| | |
| | |
| | |
| |
| Research and development | |
$ | 6,074,436 | | |
$ | 2,499,498 | | |
$ | 13,426,159 | | |
$ | 3,808,653 | |
| General and administrative | |
| 2,501,176 | | |
| 2,339,230 | | |
| 5,317,391 | | |
| 6,029,561 | |
| Loss from operations | |
| (8,575,612 | ) | |
| (4,838,728 | ) | |
| (18,743,550 | ) | |
| (9,838,214 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| OTHER (EXPENSE) INCOME | |
| | | |
| | | |
| | | |
| | |
| Interest income | |
| 46 | | |
| 64 | | |
| 91 | | |
| 130 | |
| Interest expense | |
| (5,581 | ) | |
| - | | |
| (80,925 | ) | |
| - | |
| Non-operating expenses | |
| (51,239 | ) | |
| - | | |
| (204,833 | ) | |
| - | |
| Change in fair value of warrant liability | |
| - | | |
| 302,042 | | |
| - | | |
| 1,424,603 | |
| TOTAL OTHER (EXPENSE) INCOME | |
| (56,774 | ) | |
| 302,106 | | |
| (285,667 | ) | |
| 1,424,733 | |
| | |
| | | |
| | | |
| | | |
| | |
| NET LOSS | |
| (8,632,386 | ) | |
| (4,536,622 | ) | |
| (19,029,217 | ) | |
| (8,413,481 | ) |
|