XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Revenues $ 3,000 $ 0
Cost of revenues 1,200 0
Gross profit 1,800 0
OPERATING EXPENSES    
Research and development 743,304 422,392
Selling, general and administrative 888,397 671,484
Amortization of patent costs 30,577 29,271
TOTAL EXPENSES 1,662,278 1,123,147
Operating loss (1,660,478) (1,123,147)
OTHER INCOME/(EXPENSE)    
Interest income 22,381 81,603
Total other income (expense) 22,381 81,603
LOSS BEFORE PROVISION FOR INCOME TAXES (1,638,097) (1,041,544)
Provision for income taxes 0 0
NET LOSS $ (1,638,097) $ (1,041,544)
NET LOSS PER SHARE - BASIC AND DILUTED $ 0.83 $ 0.73
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED 1,980,735 1,421,439