Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating expenses:        
Research and development expenses $ 6,357,290 $ 2,667,170 $ 12,665,688 $ 7,040,145
General and administrative expenses 3,003,636 1,521,298 7,286,726 4,912,461
Total operating expenses 9,360,926 4,188,468 19,952,414 11,952,606
Loss from operations (9,360,926) (4,188,468) (19,952,414) (11,952,606)
Other (expense) income:        
Interest expense (85) (85)
Interest income 78,426 106,082 240,306 238,583
Australian research and development incentives 15,198 51,847
Change in fair value of warrant liability 379,311 1,331,286 944,698 (8,007,505)
Loss on fair value of warrants over proceeds (12,952)
Other (expense) income, net: 457,737 1,452,481 1,185,004 (7,730,112)
Net loss $ (8,903,189) $ (2,735,987) $ (18,767,410) $ (19,682,718)
Net loss per share        
Net loss per share - basic $ (0.27) $ (0.11) $ (0.62) $ (0.93)
Net loss per share - diluted $ (0.27) $ (0.11) $ (0.62) $ (0.93)
Weighted average common shares outstanding - basic 33,202,001 23,894,980 30,422,100 21,249,725
Weighted average common shares outstanding - diluted 33,202,001 23,894,980 30,422,100 21,249,725