Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 18,728,945	$ 19,532,338
Prepaid expenses and other current assets	3,308,146	1,549,287
Total assets	22,037,091	21,081,625
Current liabilities:
Accounts payable	3,327,138	2,590,516
Accrued expenses	3,031,571	1,044,859
Total current liabilities	6,358,709	3,635,375
Non-current liabilities:
Warrant liability	19,933,000	595,000
Total liabilities	26,291,709	4,230,375
Commitments and contingencies (Note 6)
Stockholders' equity:
Preferred stock - $0.0001 par value, 2,000,000 shares authorized and 0 shares issued and outstanding
Common stock - $0.0001 par value, 70,000,000 shares authorized, 42,606,152 and 27,199,139 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	4,260	2,719
Additional paid-in capital	191,871,978	180,552,190
Accumulated deficit	(196,130,856)	(163,703,659)
Total stockholders' equity	(4,254,618)	16,851,250
Total liabilities and stockholders' equity	$ 22,037,091	$ 21,081,625

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Includes accrued interest and obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits.

No definition available.