XML 28 R4.htm IDEA: XBRL DOCUMENT v3.25.1
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Collaboration revenue $ 3,554,061 $ 6,002,206
Operating expenses:    
Research and development 11,865,654 5,501,527
In-process research and development 25,000 543,186
General and administrative 8,885,757 7,833,481
Depreciation 27,361 27,361
Total operating expenses 20,803,772 13,905,555
Loss from operations (17,249,711) (7,903,349)
Other income:    
Other income, net 1,648,637 639,365
Pre-tax loss (15,601,074) (7,263,984)
Income tax expense 720,287 (723,852)
Net loss $ (14,880,787) $ (7,987,836)
Share information:    
Net loss per share of common stock, basic $ (0.98) $ (0.79)
Net loss per share of common stock, diluted $ (0.98) $ (0.79)
Weighted-average shares of common stock outstanding, basic 15,238,919 10,163,850
Weighted-average shares of common stock outstanding, diluted 15,238,919 10,163,850