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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (40,467,186) $ (22,287,542)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on disposal of fixed assets 112,805 6,041
Depreciation and amortization 1,425,214 1,068,882
Stock-based compensation 9,765,164 7,392,396
Changes in lease liabilities (47,261) (24,282)
Changes in operating assets and liabilities:    
Receivables 3,504 (9,824,413)
Prepaid expenses and other assets (458,653) (75,884)
Accounts payable and accrued expenses 1,941,136 1,326,323
Deferred revenue (12,270,465) (3,178,066)
Net cash used in operating activities (39,995,742) (25,596,545)
Cash flows from investing activities:    
Purchase of marketable securities (208,441,162) (97,441,506)
Proceeds from sales and maturities of marketable securities 93,796,269 104,597,249
Purchases of property and equipment (1,166,871) (1,311,660)
Payments for leasehold improvements (372,104) (735,873)
Net cash provided by (used in) investing activities (116,183,868) 5,108,210
Cash flows from financing activities:    
Net proceeds from sale of common stock 152,321,576 25,515,349
Proceeds from exercise of stock awards and warrants 450,173 64,601
Net cash provided by financing activities 152,771,749 25,579,950
Net increase (decrease) in cash and cash equivalents (3,407,861) 5,091,615
Cash and cash equivalents balance at beginning of period 14,694,857 9,603,242
Cash and cash equivalents balance at end of period 11,286,996 14,694,857
Supplemental disclosures of cash flow information:    
Interest paid in cash 0 0
Income taxes paid in cash $ 0 $ 0