XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (5,032,799) $ (6,864,145)
Adjustments to reconcile net loss to net cash used in operating activities    
            Depreciation 115,843 76,341
            Amortization 188,208 115,632
            Stock-based compensation expense 86,152 2,568,753
Changes in operating assets and liabilities:    
            Accounts receivable 7,391 (9,140)
            Prepaid expenses and other current assets 383,650 846,715
            Accounts payable and accrued expenses 63,073 (168,405)
            Lease liability (176,502) (166,560)
            NET CASH USED IN OPERATING ACTIVITIES (4,364,984) (3,600,809)
CASH FLOWS FROM INVESTING ACTIVITIES:    
    Purchases of property and equipment (187,317) (211,127)
    Patent costs incurred (153,634) (138,450)
            NET CASH USED IN INVESTING ACTIVITIES (340,951) (349,577)
CASH FLOWS FROM FINANCING ACTIVITIES:    
    Proceeds from sale of common stock and warrants, net of issuance costs 3,540,430 5,023,453
    Payments of finance agreement (306,764) (374,000)
            NET CASH PROVIDED BY FINANCING ACTIVITIES 3,233,666 4,649,453
NET (DECREASE) INCREASE IN CASH (1,472,269) 699,067
CASH - BEGINNING OF PERIOD 7,827,487 1,283,523
CASH - END OF PERIOD 6,355,218 1,982,590
    Cash paid during the period for:    
      Interest 12,509 15,513
      Income taxes