Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 9,014,108	$ 7,038,923
Prepaid expenses and other current assets	1,038,794	605,948
Total Current Assets	10,052,902	7,644,871
NON-CURRENT ASSETS:
Operating lease right-of-use asset, net	18,081	31,075
Investment in joint ventures at fair value	36,819	36,819
Total Non-Current Assets	54,900	67,894
Total Assets	10,107,802	7,712,765
CURRENT LIABILITIES:
Accounts payable	75,510	412,071
Accrued expenses	267,794	390,760
Operating lease liability, current portion	21,326	28,366
Total Current Liabilities	364,630	831,197
LONG-TERM LIABILITIES:
Operating lease liability, less current portion		2,709
Total Long-Term Liabilities		2,709
Total Liabilities	364,630	833,906
Commitments and Contingencies (Note 6)
STOCKHOLDERS’ EQUITY:
Preferred stock, value
Common stock, $0.0001 par value; 50,000,000 shares authorized; 13,234,027 and 8,042,747 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively	1,323	804
Additional paid-in capital	75,815,158	67,279,033
Accumulated deficit	(66,085,353)	(60,410,041)
Accumulated other comprehensive income	12,044	9,063
Total Stockholders’ Equity	9,743,172	6,878,859
Total Liabilities and Stockholders’ Equity	10,107,802	7,712,765
Series A Convertible Preferred Stock
STOCKHOLDERS’ EQUITY:
Preferred stock, value
Series B Preferred Stock
STOCKHOLDERS’ EQUITY:
Preferred stock, value

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

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. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).