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v3.25.2

Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Significant Expense Categories | The following table is representative of the significant expense categories regularly provided to the CODM when managing the Company’s single reporting segment. A reconciliation to the consolidated net income (loss) for the three and six months ended June 30, 2025 and 2024 is included in the table below. Schedule of Significant Expense Categories
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Total revenues |  | $ | 622,849 |  |  | $ | 89,565 |  |  | $ | 716,713 |  |  | $ | 7,706,738 |
Program expenses (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
LPCN 1154 | (1) |  | 1,042,929 |  |  |  | 1,024,607 |  |  |  | 1,049,621 |  |  |  | 2,677,093 |
Other research and development programs | (1) |  | 155,415 |  |  |  | (30,916 | ) |  |  | 176,388 |  |  |  | 139,101 |
Program expenses | (1) |  | 155,415 |  |  |  | (30,916 | ) |  |  | 176,388 |  |  |  | 139,101 |
Non-program expenses (2) |  |  | 735,511 |  |  |  | 1,252,539 |  |  |  | 1,736,128 |  |  |  | 2,759,176 |
Personnel costs |  |  | 1,028,142 |  |  |  | 1,033,638 |  |  |  | 2,112,907 |  |  |  | 1,999,836 |
Stock-based compensation |  |  | 65,205 |  |  |  | 102,265 |  |  |  | 136,207 |  |  |  | 201,571 |
Total segment operating income (loss) |  |  | (2,404,353 | ) |  |  | (3,292,568 | ) |  |  | (4,494,538 | ) |  |  | (70,039 | )
Other income (loss) (3) |  |  | 198,637 |  |  |  | 223,934 |  |  |  | 423,949 |  |  |  | 515,026 |
Net income (loss) |  | $ | (2,205,716 | ) |  | $ | (3,068,634 | ) |  | $ | (4,070,589 | ) |  | $ | 444,987 |
| (1) | Includes external research and development expenses.
| (2) | Includes general and administrative expenses, information technology, infrastructure, facilities, and intellectual property, and legal and professional fees.
| (3) | Includes interest income and loss on warrant liability.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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