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BALANCE SHEETS - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 7,374,815 $ 5,811,064
Grant receivable 176,122  
Prepaid expenses and other current assets 690,784 1,282,274
Total current assets 8,241,721 7,093,338
Property and equipment, net of depreciation 24,689 51,574
Right-of-use asset, net of amortization   37,731
Security deposit   111,856
Total assets 8,266,410 7,294,499
Current liabilities:    
Accounts payable and accrued expenses 1,564,990 2,708,137
Deferred grant income 0 25,408
Short-term lease liability   38,291
Total current liabilities 1,564,990 2,771,836
Long-term liabilities:    
Long-term liabilities 553,714 6,541,397
Total liabilities 2,118,704 9,313,233
Stockholders' equity (deficit):    
Preferred stock - $0.0001 par value; 10,000,000 shares authorized at June 30, 2025, and December 31, 2024; -0- shares issued or outstanding at June 30, 2025 and December 31, 2024
Common stock - $0.0001 par value, 290,000,000 shares authorized at June 30, 2025, and December 31, 2024; 833,683 and 36,753 shares issued or outstanding at June 30, 2025, and December 31, 2024, respectively [1] 84 4
Additional paid-in capital 85,711,453 61,183,178
Accumulated deficit (79,563,831) (63,201,916)
Total stockholders' equity (deficit) 6,147,706 (2,018,734)
Total liabilities and stockholders' equity (deficit) 8,266,410 7,294,499
Series C warrants    
Long-term liabilities:    
Warrant liability $ 553,714 517,871
Series D warrants    
Long-term liabilities:    
Warrant liability   $ 6,023,526
[1] On May 15, 2025, the Company effected a reverse split of the Company's common stock, either issued and outstanding or held by the Company as treasury stock. The May 2025 Reverse Split was at a ratio of one share for every 28 shares previously held with no change in the par value per share. The May 2025 Reverse Split did not change the number of authorized shares of common stock. All common stock share and per share data, and exercise price data for applicable common stock equivalents, included in these financial statements have been retroactively adjusted to reflect the Reverse Split.