v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows used in operating activities:    
Net loss $ (10,368,777) $ (7,508,117)
Stock based compensation 977,476 681,843
Amortization of intangibles 50,000 50,000
Realized and unrealized gain and accrued interest on investments (164,018) (140,996)
Changes in assets and liabilities:    
Increase in accounts payable and accrued expenses 1,066,228 156,567
Decrease in prepaid expenses and other assets 425,828 480,193
Net cash used in operating activities (8,013,263) (6,280,510)
Cash flows provided by investing activities:    
Purchase of investments (1,962,892)  
Proceeds from redemption of investments 10,099,599 4,452,701
Net cash provided by investing activities 8,136,707 4,452,701
Cash flows provided by financing activities:    
Payment of amounts due to officers (300,000) (300,000)
Proceeds from exercise of warrants, net 204,035 172,958
Net cash used in financing activities (95,965) (127,042)
Effect of foreign exchange rate on changes on cash 31  
Net change in cash and cash equivalents: 27,510 (1,954,851)
Cash and cash equivalents - beginning of period 3,818,096 3,623,343
Cash and cash equivalents - end of period $ 3,845,606 $ 1,668,492