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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of the Error Correction

A summary of corrections reflecting the prior period impact to the Company’s Consolidated Statement of Operations, for the year ended December 31, 2022, are shown below:

 Schedule of the Error Correction

		December 31, 2022				Correction				As Corrected December 31, 2022
General and administrative expense		$	198,978			$	339,818			$	538,796
Research and development expense			1,488,530				(339,818	)			1,148,712
Net Loss		$	1,687,508			$	-			$	1,687,508

Schedule of Cash and Cash Equivalents

Cash and cash equivalents include cash in bank accounts and money market funds with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. As of December 31, 2023 and 2022, cash and cash equivalents consisted of the following:

 Schedule of Cash and Cash Equivalents

		December 31,				December 31,
		2023				2022
Cash		$	1,550,098			$	5,411,378
Money market funds			1,026,318				3,005,825
Total cash and cash equivalents		$	2,576,416			$	8,417,203

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Set out below are the Company’s financial instruments that are required to be remeasured at fair value on a recurring basis and their fair value hierarchy as of December 31, 2023 (none for December 31, 2022):

 Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

December 31, 2023		Level 1				Level 2				Level 3				Carrying Value
Assets
Marketable Securities:
United States Treasury Bonds		$	2,887,215			$	-			$	-			$	2,887,215
Total Assets		$	2,887,215			$	-			$	-			$	2,887,215
Liabilities
Derivative Liability - Warrants		$	-			$	-			$	410,660			$	410,660
Derivative Liability - Accelerated feature			-				-				3,852				3,852
Total Liabilities		$	-			$	-			$	414,512			$	414,512

Schedule of Useful Lives for Property Plant Equipment

 Schedule of Useful Lives for Property Plant Equipment

Furniture			5 years
Computers and equipment			5 years
Research Equipment			10 years

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

For the years ended December 31, 2023 and 2022, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive.

 Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

		December 31,				December 31,
		2023				2022
Convertible notes (Note 5)			959,513				-
Warrant (Note 6)			1,446,155				356,810
Restricted stock units (Note 6)			197,855				-
			2,603,523				356,810

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