v3.26.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities        
Net loss $ (384,430) $ (294,797) $ (859,882) $ (651,416)
Adjustments to reconcile net loss to net cash used in operating activities:        
Stock-based compensation expense     (184) 5,242
Change in fair value of convertible promissory notes payable, related party 31,900 0 51,400 0
Change in fair value of warrant liability (2,831) (14,154) (9,908) (26,892)
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets     5,417 (9,697)
Accounts payable     104,313 (39,259)
Accrued expenses     385,725 149,375
Net cash used in operating activities     (323,119) (572,647)
Cash flows from financing activities        
Payments related to offering costs     (84,874) 0
Net cash used in financing activities     (84,874) 0
Net decrease in cash and cash equivalents     (407,993) (572,647)
Cash and cash equivalents, beginning of period     601,010 962,923
Cash and cash equivalents, end of period $ 193,017 $ 390,276 193,017 390,276
Supplemental disclosure of non-cash investing and financing activities:        
Deferred offering costs (unpaid portion included in accounts payable)     $ (1,056,394) $ 0