Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses:    
Research and development expenses $ 10,009,229 $ 11,112,257
General and administrative expenses 6,947,981 9,070,124
Total operating expenses 16,957,210 20,182,381
Loss from operations (16,957,210) (20,182,381)
Other income (expense):    
Interest expense (57) (6,863)
Interest income 318,367 34,490
Australian research and development incentives 79,954 176,719
Change in fair value of warrant liability (6,682,758) 205,130
Loss on fair value of warrants over proceeds (12,952)  
Other income (expense), net (6,297,446) 409,476
Net loss $ (23,254,656) $ (19,772,905)
Net loss per share    
Net loss per share basic $ (1.05) $ (1.49)
Net loss per share diluted $ (1.05) $ (1.49)
Weighted average common shares outstanding basic 22,197,517 13,261,572
Weighted average common shares outstanding diluted 22,197,517 13,261,572