v3.26.3
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets:      
Cash and cash equivalents $ 2,584,774 $ 236,400 $ 681,098
Investments 2,000,000  
Interest receivable 4,526  
Prepaid expenses and other current assets 255,999 68,989 92,883
Total current assets 4,845,299 305,389 773,981
Operating lease right-of-use asset 99,981 158,852 274,194
Property and equipment, net 6,908 9,225 13,859
Other assets 7,821 8,132 8,547
Total assets 4,960,009 481,598 1,070,581
Current liabilities:      
Accounts payable 165,942 381,041 166,467
Accrued expenses and other current liabilities 361,365 303,872 221,641
Operating lease liability – current portion 101,619 119,306 112,520
Total current liabilities 628,926 2,405,100 500,628
Operating lease liability, net of current portion 41,035 160,342
Total liabilities 628,926 2,446,135 660,970
Commitments and Contingencies  
Stockholders’ equity (deficit):      
Common stock, value 217 70 70
Additional paid-in capital 73,120,812 51,533,483 50,059,994
Accumulated deficit (68,639,996) (53,351,130) (49,503,493)
Treasury stock, value (150,000) (150,000) (150,000)
Total stockholders’ equity (deficit) 4,331,083 (1,964,537) 409,611
Total liabilities and stockholders’ equity (deficit) 4,960,009 481,598 1,070,581
Related Party      
Current liabilities:      
Accrued interest – related parties 100,881
Notes payable – related parties 1,500,000
Series A Convertible Preferred Stock      
Stockholders’ equity (deficit):      
Convertible preferred stock, value 659 659
Series B Convertible Preferred Stock      
Stockholders’ equity (deficit):      
Convertible preferred stock, value 2,381 $ 2,381
Series C Convertible Preferred Stock      
Stockholders’ equity (deficit):      
Convertible preferred stock, value $ 50