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v3.25.3

Condensed Consolidated Balance Sheets - USD ($) | Sep. 30, 2025 | Dec. 31, 2024
--- | --- | ---
Current assets: |  |
Cash | $ 2,887,874 | $ 1,038,952
Advances on research and development contract services |  |
Prepaid insurance | 29,490 | 20,898
Other prepaid expenses | 61,839 | 85,653
Digital assets | 2,454,473 |
Total current assets | 5,433,676 | 1,145,503
Total assets | 5,433,676 | 1,145,503
Current liabilities: |  |
Accounts payable and accrued expenses, including $112,033 and $27,500 to related parties at September 30, 2025 and December 31, 2024, respectively | 235,900 | 83,206
Research and development contract liabilities | 235,155 | 235,078
Series B Convertible Preferred Stock 8% cumulative dividend payable | 50,367 |
Total current liabilities | 521,422 | 318,284
Commitments and contingencies |  |
Stockholders’ equity: |  |
Common stock, $0.0001 par value; authorized – 100,000,000 shares; issued and outstanding – 5,704,200 and 2,249,290 shares at September 30, 2025 and December 31, 2024 | 570 | 225
Additional paid-in capital | 57,891,644 | 49,394,687
Accumulated deficit | (55,533,319) | (52,067,693)
Total stockholders’ equity | 4,912,254 | 827,219
Total liabilities and stockholders’ equity | 5,433,676 | 1,145,503
Series A Convertible Preferred Stock [Member] |  |
Stockholders’ equity: |  |
Preferred stock, value |  | $ 3,500,000
Series B Convertible Preferred Stock [Member] |  |
Stockholders’ equity: |  |
Preferred stock, value | $ 2,553,359 |

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