Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,754,720	$ 28,377,693
Prepaid expenses and other current assets	4,453,544	7,644,376
Total current assets	10,208,264	36,022,069
Total assets	10,208,264	36,022,069
Current liabilities:
Accounts payable	1,292,837	3,961,254
Accrued expenses	2,986,273	3,737,285
Total current liabilities	4,279,110	7,698,539
Warrant Liability	13,680,000
Total liabilities	17,959,110	7,698,539
Commitments and contingencies (Note 6)
Stockholders' (deficit) equity:
Preferred stock - $0.0001 par value, 2,000,000 shares authorized and 0 shares issued and outstanding
Common stock - $0.0001 par value, 70,000,000 shares authorized and 10,519,933 and 8,163,923 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	1,052	816
Additional paid-in capital	102,507,189	82,377,488
Accumulated deficit	(110,259,087)	(54,054,774)
Total stockholders' (deficit) equity	(7,750,846)	28,323,530
Total liabilities and stockholders' (deficit) equity	$ 10,208,264	$ 36,022,069

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Includes accrued interest and obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits.

No definition available.