v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 4,249,563 $ 4,631,666
Investments 3,755,580 3,688,909
Accounts receivable 0 0
Prepaid expenses 648,677 734,951
Total current assets 8,653,820 9,055,526
TOTAL ASSETS 8,653,820 9,055,526
CURRENT LIABILITIES    
Accounts payable 103,484 187,006
Accrued expenses 25,500 10,506
Deferred liability 30,769 130,769
Total current liabilities 159,753 328,281
TOTAL LIABILITIES 159,753 328,281
us-gaap_RetainedEarningsAccumulatedDeficit (11,692,791) (11,448,281)
Common stock - $0.03 par value; authorized 3,333,334; 1,010,514 shares issued and outstanding at June 30, 2026 and December 31, 2025 30,316 30,316
Additional paid-in capital 20,156,542 20,145,210
TOTAL STOCKHOLDERS’ EQUITY 8,494,067 8,727,245
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 8,653,820 $ 9,055,526