Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 34,413,110 $ 8,658,031
Prepaid expenses and other current assets 902,017 1,043,825
Total current assets 35,315,127 9,701,856
Other assets 7,518 2,800
Total assets 35,322,645 9,704,656
Current liabilities:    
Accounts payable 2,983,058 2,038,803
Accrued expenses 3,339,379 3,797,595
Total current liabilities 6,322,437 5,836,398
Long term liabilities:    
Warrant liability 1,237,440 1,492,395
Total liabilities 7,559,877 7,328,793
Commitments and contingencies (Note 7)
Stockholders’ equity (deficit)    
Preferred stock, $0.0001 par value, 30,000,000 shares authorized at March 31, 2026 and December 31, 2025, 0 shares issued and outstanding
Common stock, $0.0001 par value, 150,000,000 shares authorized at March 31, 2026 and at December 31, 2025, respectively, 60,671,491 and 38,624,289 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 6,068 3,863
Additional paid-in capital 143,797,024 112,053,233
Accumulated deficit (116,000,657) (109,631,005)
Accumulated other comprehensive loss (39,667) (50,228)
Total stockholders’ equity 27,762,768 2,375,863
Total liabilities and stockholders’ equity $ 35,322,645 $ 9,704,656