XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Other income (expense):        
Research and development $ 5,161,921 $ 5,785,217 $ 10,173,438 $ 12,307,308
General and administrative 1,109,532 1,977,421 2,380,696 3,265,137
Total operating expenses 6,271,453 7,762,638 12,554,134 15,572,445
Operating loss (6,271,453) (7,762,638) (12,554,134) (15,572,445)
Other income:        
Interest income 191,395 25,978 379,007 70,146
Other financing costs   (1,346,060)   (1,346,060)
Change in fair value of warrants (140,000) 4,062,308 418,000 10,761,000
Total other income, net 51,395 2,742,226 797,007 9,485,086
Net loss $ (6,220,058) $ (5,020,412) $ (11,757,127) $ (6,087,359)
Net loss per share        
Basic (dollars per share) $ (0.32) $ (0.44) $ (0.64) $ (0.56)
Diluted (dollars per share) $ (0.32) $ (0.44) $ (0.64) $ (1.52)
Weighted-average number of common shares used in computing net loss per share        
Basic 19,486,231 11,307,759 18,464,877 10,966,412
Diluted 19,486,231 11,307,759 18,464,877 11,066,265