Balance Sheets - USD ($)	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 17,130,286	$ 10,551,916
Prepaid expenses and other current assets	4,324,285	3,373,717
Total assets	21,454,571	13,925,633
Current liabilities:
Accounts payable	974,311	2,305,974
Accrued expenses	1,830,813	1,575,013
Total current liabilities	2,805,124	3,880,987
Non-current liabilities:
Warrant liability	319,000	737,000
Total liabilities	3,124,124	4,617,987
Commitments and contingencies (Note 6)
Stockholders' 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, 19,486,231 and 14,141,521 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively	1,948	1,414
Additional paid-in capital	164,935,088	144,155,694
Accumulated deficit	(146,606,589)	(134,849,462)
Total stockholders' equity	18,330,447	9,307,646
Total liabilities and stockholders' equity	$ 21,454,571	$ 13,925,633

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.