v3.26.1
Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (32,427,198) $ (11,757,127)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,791,478 996,505
Change in fair value of warrants (1,254,000) (418,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (1,758,859) (950,568)
Accounts payable 736,622 (1,331,663)
Accrued expenses 1,986,713 255,800
Net cash used in operating activities (30,925,244) (13,205,053)
Cash flows from financing activities:    
Proceeds from issuance of common stock, and warrants, net 30,105,566 19,783,423
Proceeds from exercise of common stock options 16,285  
Net cash provided by financing activities 30,121,851 19,783,423
Net (decrease) increase in cash and cash equivalents (803,393) 6,578,370
Cash and cash equivalents, beginning of period 19,532,338 10,551,916
Cash and cash equivalents, end of period $ 18,728,945 $ 17,130,286