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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
OPERATING AND ADMINISTRATIVE EXPENSES    
Research and development $ 3,319,867 $ 1,589,239
General and administrative 1,207,107 1,968,549
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 4,526,974 3,557,788
LOSS FROM OPERATIONS (4,526,974) (3,557,788)
OTHER INCOME    
Interest income 264,476 185,790
Interest expense (107,682) (137,456)
Realized loss on marketable securities (630,317) (46,051)
TOTAL OTHER INCOME (473,523) 2,283
LOSS BEFORE TAX (5,000,497) (3,555,505)
INCOME TAX EXPENSE
NET LOSS (5,000,497) (3,555,505)
Other Comprehensive Loss - net of tax    
Net unrealized gain (loss) on marketable securities 16,848 (421,738)
Reclassification of realized losses on debt securities 489,120
Foreign exchange translation income (loss) 57,393 (6,820)
TOTAL COMPREHENSIVE LOSS $ (4,437,136) $ (3,984,063)
Net loss per common share - Basic $ (1.15) $ (0.82)
Net loss per common share - Diluted $ (1.15) $ (0.82)
Weighted average common shares - Basic 4,344,580 4,317,875
Weighted average common shares - Diluted 4,344,580 4,317,875