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Commitments and Contingencies (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2023

Dec. 31, 2022

Commitments and Contingencies

Schedule of lease cost

​

​	​	​	​
​		Nine Months
​	​	Ended
Operating Leases	​	September 30, 2023
Weighted average remaining lease term (years)		1.33	​
Weighted average discount rate		3.6	%
​	​	​	​

​

​	​	​	​
Year ending December 31,		​	​
2023	​	$	111,856
2024	​	​	459,749
2025	​	​	38,291
Total undiscounted lease payments	​	​	609,896
Imputed interest	​	​	(15,202)
Lease liability	​	$	594,694
​	​	​	​

​

Schedule of milestone payments the company shall pay to licensor

​

​	​	​	​
Milestone Event		Amount
Enrollment of first patient in a phase II clinical trial of a therapeutic product or process	​	$	100,000
Enrollment of first patient in a phase III clinical trial of a therapeutic product or process	​	$	200,000
First commercial sale of a therapeutic product or process	​	$	1,000,000
Filing of an application for regulatory approval of a clinical diagnostic product or process	​	$	100,000
First regulatory approval of a clinical diagnostic product or process	​	$	150,000

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- Definition

Tabular disclosure of milestone payments the Company shall pay to Licensor.

+ References

No definition available.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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