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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended
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Sep. 30, 2025
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Schedule of property and equipment, net | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2025 |  | 2024
Furniture and fixtures | ​ | $ | 189,821 | ​ | $ | 192,083
Laboratory equipment | ​ |  | 7,457,314 | ​ |  | 6,318,362
Leasehold improvements | ​ |  | 2,785,395 | ​ |  | 2,501,207
Construction in progress | ​ | ​ | 5,283,553 | ​ | ​ | —
​ | ​ |  | 15,716,083 | ​ |  | 9,011,652
Less accumulated depreciation | ​ |  | (4,648,005) | ​ |  | (3,450,055)
Property and equipment, net | ​ | $ | 11,068,078 | ​ | $ | 5,561,597
Schedule of accrued expenses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2025 |  | 2024
Accrued clinical expenses | ​ | $ | 2,585,309 | ​ | $ | 1,919,437
Accrued payroll and related costs | ​ |  | 4,725,024 | ​ |  | 2,552,516
Other accrued expenses | ​ | ​ | 2,622,155 | ​ | ​ | 435,712
Total accrued expenses | ​ | $ | 9,932,488 | ​ | $ | 4,907,665
Schedule of fair value measurements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2025
​ |  | Level I |  | Level II |  | Level III |  | Total
Marketable Securities | ​ | $ | 79,055,588 | ​ | $ | — | ​ | $ | — | ​ | $ | 79,055,588
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2024
​ |  | Level I |  | Level II |  | Level III |  | Total
Marketable Securities | ​ | $ | 140,228,881 | ​ | $ | — | ​ | $ | — | ​ | $ | 140,228,881

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