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PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($) | Dec. 31, 2024 | Dec. 31, 2023
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PREPAID EXPENSES AND OTHER CURRENT ASSETS |  |
Upfront research payments | $ 5,087,692 | $ 146,851
Accrued interest and other receivables | 78,034 | 78,637
Insurance | 335,976 | 482,297
Consultants |  | 21,535
License fees | 38,255 | 30,472
Deferred financing costs |  | 195,632
Miscellaneous | 47,281 | 33,217
Total prepaid expenses and other current assets | $ 5,587,238 | $ 988,641

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