v3.26.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current assets:              
Cash and cash equivalents $ 3,143,422   $ 3,085,741     $ 5,506,941  
Prepaid expenses and other current assets 1,031,877   2,228,910     1,768,533  
Total current assets 4,175,299   5,314,651     7,934,883  
Property and equipment, net 84,678   108,830     149,974  
Operating lease right-of-use assets 312,833   831,440     0  
Other assets 69,947   86,947     71,010  
Total assets 4,642,757   6,341,868     8,155,867  
Current liabilities:              
Accounts payable 1,834,245   790,750     1,849,760  
Accrued expenses 724,670   882,816     1,257,572  
Operating lease liability, current portion 153,573   263,135     0  
Total current liabilities 2,712,488   1,936,701     3,107,332  
Operating lease liability, net of current portion 169,568   580,035     0  
Total liabilities 2,882,056   2,516,736     3,107,332  
Stockholders’ equity:              
Common stock, $.001 par value: Authorized shares - 150,000,000 Issued and outstanding shares – 1,732,147 and 421,475 at December 31, 2025 and 2024, respectively 7,369   1,732     421  
Additional paid-in capital 162,262,683   154,644,252     134,404,195  
Accumulated deficit (160,509,351)   (150,820,852)     (129,356,081)  
Total stockholders’ equity 1,760,701 $ 493,770 3,825,132 $ 2,821,196 $ 7,898,030 5,048,535 $ 5,763,338
Total liabilities and stockholders’ equity $ 4,642,757   $ 6,341,868     $ 8,155,867