v3.26.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 52,634,362 $ 61,833,552 [1]
Investments 76,813,334 78,565,491 [1]
Other current assets 434,872 63,745 [1]
Total current assets 129,882,568 140,462,788 [1]
Operating lease right-of-use asset 366,718 254,921 [1]
Total assets 130,249,286 140,717,709 [1]
Current liabilities:    
Accounts payable, accrued expenses and other current liabilities 2,982,048 2,735,236 [1]
Total current liabilities 2,982,048 2,735,236 [1]
Operating lease liability - non-current 199,806 154,920 [1]
Total liabilities 3,181,854 2,890,156 [1]
Commitments and contingencies (Note 8)
Common stock, par value of $0.001 per share, 40,000,000 shares authorized, 6,762,620 and 6,692,140 shares issued and outstanding at September 30, 2026, and December 31, 2025, respectively 6,762 6,692 [1]
Additional paid-in capital 231,877,792 227,199,002 [1]
Accumulated other comprehensive income (loss) 95,233 131,389 [1]
Retained earnings (accumulated deficit) (104,912,355) (89,509,530) [1]
Total stockholders’ equity 127,067,432 137,827,553 [1]
Total liabilities and stockholders’ equity $ 130,249,286 $ 140,717,709 [1]
[1] Derived from the Company’s audited consolidated financial statements.