v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
COMMON STOCK
ADDITIONAL PAID-IN CAPITAL
OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED DEFICIT
Total
Balance at Dec. 31, 2024 $ 45,582 $ 344,224,338 $ 1,026,955 $ (199,834,539) $ 145,462,336
Balance (in shares) at Dec. 31, 2024 45,582,288        
Exercise of common warrants $ 1 3,983     3,984
Exercise of common warrants (in shares) 699        
Stock-based compensation   5,481,938     5,481,938
Vesting of restricted stock awards $ 17 257,444     257,461
Vesting of restricted stock awards (in shares) 17,210        
Stock options exercised $ 77 46,293     46,370
Stock options exercised (in shares) 76,690        
Unrealized gain (loss) on marketable securities     784,972   784,972
Net loss       (24,391,594) (24,391,594)
Balance at Mar. 31, 2025 $ 45,677 350,013,996 1,811,927 (224,226,133) 127,645,467
Balance (in shares) at Mar. 31, 2025 45,676,887        
Balance at Dec. 31, 2024 $ 45,582 344,224,338 1,026,955 (199,834,539) 145,462,336
Balance (in shares) at Dec. 31, 2024 45,582,288        
Unrealized gain (loss) on marketable securities         360,619
Net loss         (50,302,385)
Balance at Jun. 30, 2025 $ 45,712 353,680,694 1,387,574 (250,136,924) 104,977,056
Balance (in shares) at Jun. 30, 2025 45,711,975        
Balance at Mar. 31, 2025 $ 45,677 350,013,996 1,811,927 (224,226,133) 127,645,467
Balance (in shares) at Mar. 31, 2025 45,676,887        
Stock-based compensation   3,647,153     3,647,153
Stock options exercised $ 35 19,545     19,580
Stock options exercised (in shares) 35,088        
Unrealized gain (loss) on marketable securities     (424,353)   (424,353)
Net loss       (25,910,791) (25,910,791)
Balance at Jun. 30, 2025 $ 45,712 353,680,694 1,387,574 (250,136,924) 104,977,056
Balance (in shares) at Jun. 30, 2025 45,711,975        
Balance at Dec. 31, 2025 $ 57,371 610,330,105 283,154 (304,878,485) 305,792,145
Balance (in shares) at Dec. 31, 2025 57,370,909        
Stock-based compensation   5,918,055     5,918,055
Stock options exercised $ 294 1,470,365     1,470,659
Stock options exercised (in shares) 293,764        
Unrealized gain (loss) on marketable securities     (536,881)   (536,881)
Net loss       (33,941,345) (33,941,345)
Balance at Mar. 31, 2026 $ 57,665 617,718,525 (253,727) (338,819,830) 278,702,633
Balance (in shares) at Mar. 31, 2026 57,664,673        
Balance at Dec. 31, 2025 $ 57,371 610,330,105 283,154 (304,878,485) 305,792,145
Balance (in shares) at Dec. 31, 2025 57,370,909        
Unrealized gain (loss) on marketable securities         (446,695)
Net loss         (74,674,999)
Balance at Jun. 30, 2026 $ 58,109 625,877,806 (163,541) (379,553,484) 246,218,890
Balance (in shares) at Jun. 30, 2026 58,108,989        
Balance at Mar. 31, 2026 $ 57,665 617,718,525 (253,727) (338,819,830) 278,702,633
Balance (in shares) at Mar. 31, 2026 57,664,673        
Stock-based compensation   6,062,925     6,062,925
Stock options exercised $ 444 2,096,356     2,096,800
Stock options exercised (in shares) 444,316        
Unrealized gain (loss) on marketable securities     90,186   90,186
Net loss       (40,733,654) (40,733,654)
Balance at Jun. 30, 2026 $ 58,109 $ 625,877,806 $ (163,541) $ (379,553,484) $ 246,218,890
Balance (in shares) at Jun. 30, 2026 58,108,989