Balance Sheets - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 10,551,916	$ 5,754,720
Prepaid expenses and other current assets	3,373,717	4,453,544
Total assets	13,925,633	10,208,264
Current liabilities:
Accounts payable	2,305,974	1,292,837
Accrued expenses	1,575,013	2,986,273
Total current liabilities	3,880,987	4,279,110
Non-current liabilities:
Warrant liability	737,000	13,680,000
Total liabilities	4,617,987	17,959,110
Commitments and contingencies (Note 6)
Stockholders' equity (deficit):
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 14,141,521 and 10,519,933 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	1,414	1,052
Additional paid-in capital	144,155,694	102,507,189
Accumulated deficit	(134,849,462)	(110,259,087)
Total stockholders' equity (deficit)	9,307,646	(7,750,846)
Total liabilities and stockholders' equity (deficit)	$ 13,925,633	$ 10,208,264

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.