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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (5,850,132) $ (4,037,916)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 19,576 17,319
Stock-based compensation expense 157,736 246,039
Changes in assets and liabilities:    
Prepaid expenses and other current assets 677,033 755,973
Other assets (882,097) (976,498)
Accounts payable and accrued expenses (215,974) (208,839)
Total adjustments 166,402 275,044
Net cash used in operating activities (5,683,730) (3,762,872)
Net decrease in cash and cash equivalents (5,683,730) (3,762,872)
Cash and cash equivalents at beginning of period 6,452,589 27,612,732
Cash and cash equivalents at end of period $ 768,859 $ 23,849,860