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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (10,914,174) $ (9,965,536)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 43,319 34,637
Stock-based compensation expense 259,376 515,552
Changes in assets and liabilities:    
Accounts receivable (300,677) 0
Prepaid expenses and other current assets 564,648 698,785
Other assets (1,106,778) (976,498)
Accounts payable and accrued expenses 2,745,248 (662,382)
Total adjustments 3,289,396 165,520
Net cash used in operating activities (7,624,778) (9,800,016)
Cash flows from investing activities:    
Purchase of equipment 0 (23,805)
Net cash used in investing activities 0 (23,805)
Cash flows from financing activities:    
Net proceeds from issuance of notes payable – related parties 135,000 0
Net proceeds from sale of common stock and warrants 1,209,538 0
Net proceeds from warrant exercise 1,389,363 0
Net cash provided by financing activities 2,733,901 0
Net decrease in cash and cash equivalents (4,890,877) (9,823,821)
Cash and cash equivalents at beginning of period 6,452,589 27,612,732
Cash and cash equivalents at end of period $ 1,561,712 $ 17,788,911