v3.26.3
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Organization and Description of Business [Abstract]  
Schedule of Segment Loss and Significant Expense

The following table presents the measure of segment loss and the significant expense categories regularly provided to the CODM for the three and six months ended June 30, 2026 and June 30, 2025:

 

   Three
Months Ended
June 30,
2026		   Three
Months Ended
June 30,
2025		   Six
Months Ended
June 30,
2026		   Six
Months Ended
June 30,
2025		 
Significant segment expenses                    
Research and development   156,786    136,392    394,695    305,703 
General and administrative   198,598    174,268    423,841    377,155 
Other segment expense (income)   29,046    (15,863)   41,346    (31,442)
Segment net loss  $(384,430)   (294,797)   (859,882)   (651,416)
Schedule of Change in Fair Value, as Determined by the Level 3 Inputs

The following table summarizes the change in fair value, as determined by the Level 3 inputs, for the warrant liability, and convertible promissory notes payable, related party using unobservable Level 3 inputs as of June 30, 2026 and December 31, 2025:

 

       Convertible 
   Warrant
Liability		   Promissory Notes
Payable,
Related
Party		 
         
Balance as of December 31, 2024  $65,107   $- 
Fair value balance as of December 8, 2025, issuance   -    810,500 
Change in fair value   (53,784)   5,800 
Balance as of December 31, 2025  $11,323   $816,300 
Change in fair value   (9,908)   51,400 
Balance as of June 30, 2026  $1,415    867,700 
Schedule of Quantitative Information About the Inputs and Valuation Methodologies

The following table presents quantitative information about the inputs and valuation methodologies used for the Company’s fair value measurements classified as Level 3 as of June 30, 2026 and December 31, 2025:

 

   As of June 30, 2026
   Valuation Methodology  Significant Input  Weighted
Average
(range, if applicable)		 
Convertible promissory notes payable, related party  Probability Weighted Average Return Method (PWERM)  Credit spread (1)   9.7%
      Risk free rate   3.9-4.0%
      Probability (1)   0-100%
      Expected term (1)   0.25-0.69 years 
            
Warrant liability  Black-Scholes Option Pricing Model  Risk free interest rate   4.01%
      Annualized volatility (1)   85.00%
      Stock price   1.14 
      Exercise price   5.70 
      Expected term   0.5 years 

 

   As of December 31, 2025
   Valuation Methodology  Significant Input  Weighted
Average
(range, if applicable)		 
Convertible promissory notes payable, related party  Probability Weighted Average Return Method (PWERM)  Credit spread (1)   8.9%
      Risk free rate   3.5-3.6%
      Probability (1)   0-100%
      Expected term (1)   0.5 – 1.18 years 
            
Warrant liability  Black-Scholes Option Pricing Model  Risk free interest rate   3.73%
      Annualized volatility (1)   85.00%
      Stock price   1.14 
      Exercise price   5.70 
      Expected term   0.97 years