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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,424,283) $ (3,948,097)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization expense 52,442 10,649
Stock-based compensation 119,443 936,354
Impairment loss 52,363
Realized gain on short-term investments (121,765) (20,662)
Non-cash transaction fees 764
Change in operating assets and liabilities:    
Accounts receivable 8 (8)
Prepaid expenses and other current assets (38,477) (24,732)
Accounts payable 122,909 (29,930)
Accrued expenses 7,436 43,471
Deferred revenue 1,126
NET CASH USED IN OPERATING ACTIVITIES (3,280,397) (2,980,592)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of short-term investments (3,547,262) (3,491,242)
Purchase of marketable equity securities (199,998)
Proceeds from sale of short-term investments 4,010,205 1,015,000
Increase in capitalized internal-use software development costs (45,210) (56,971)
Purchase of intangible asset (150,000)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 67,735 (2,533,213)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the sale of common stock units 8,208,771 5,958,470
Proceeds from exercise of pre-funded warrants 521
Proceeds from sale of pre-funded warrants 2,897,924
Proceeds from exercise of warrants 2,663,594
Proceeds from induced exercise of warrants 2,834,843
Purchase and cancellation of treasury shares (19,602) (99,736)
NET CASH PROVIDED BY FINANCING ACTIVITIES 16,586,051 5,858,734
NET INCREASE IN CASH 13,373,389 344,929
CASH, beginning of year 1,024,710 679,781
CASH, end of year 14,398,099 1,024,710
Cash paid for:    
Interest
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Reclassification of deferred offering costs to equity 202,599
Unrealized (loss) income on short-term investments (84,092) 95,785
Increase in digital currency and accounts payable $ 801