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Subsequent Events
 12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

 

ATM

 

As of March 19, 2026, the Company has sold 3,922,113 additional shares under the ATM Sales Agreement, for net proceeds of $9,166,427 after payment of commission and fees of $283,498.

 

Registered Direct Offering

 

On March 16, 2026, the Company entered into a securities purchase agreement pursuant to which the Company agreed to sell and issue, in a registered direct offering, 1,686,788 shares of its common stock, par value $0.00001 per share at a purchase price of $1.93 per share and 3,313,212 pre-funded warrants to purchase shares of Common Stock, at a purchase price of $ of $1.92999 per Pre-Funded Warrant. The Pre-Funded Warrants are classified as a component of permanent stockholders’ equity within additional paid-in capital and were recorded at the issuance date concluding the purchase price approximated the fair value. The offering closed on March 17, 2026. The Company received net proceeds of approximately $8.8 million from the offering, after deducting the estimated offering expenses payable by the Company of $0.85 million, including the placement agent fees.