Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance at Dec. 31, 2024 $ 94,866,280 $ 69,362 $ 189,254,777 $ (37,248) $ (94,420,611)
Beginning balance, Shares at Dec. 31, 2024   69,362,439      
Stock-based compensation expense 2,042,196   2,042,196    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs 2,460,501 $ 830 2,459,671    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs, Shares   829,849      
Contingently issuable common stock subject to vesting criteria, shares   4,149,252      
Contingently issuable common stock subject to vesting criteria, value 4,149 $ 4,149      
Other comprehensive income loss 36,281     36,281  
Net Income (Loss) (13,678,735)       (13,678,735)
Ending balance at Mar. 31, 2025 85,730,672 $ 74,341 193,756,644 (967) (108,099,346)
Ending balance, Shares at Mar. 31, 2025   74,341,540      
Beginning balance at Dec. 31, 2025 $ 172,903,679 $ 131,691 315,429,986 21,802 (142,679,800)
Beginning balance, Shares at Dec. 31, 2025 131,691,237 131,691,237      
Stock-based compensation expense $ 5,559,766   5,559,766    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs 2,897,611 $ 1,905 2,895,706    
Issuance of common stock, pre-funded warrants and warrants, net of issuance costs, Shares   1,904,762      
Issuance of common stock, stock options exercised, Shares   96,341      
Issuance of common stock, stock options exercised, Value 0 $ 96 (96)    
Contingently issuable common stock subject to vesting criteria, shares   (1,659,704)      
Contingently issuable common stock subject to vesting criteria, value 2,688,147 $ (1,660) 2,689,807    
Other comprehensive income loss (48,095)     (48,095)  
Net Income (Loss) (16,380,840)       (16,380,840)
Ending balance at Mar. 31, 2026 $ 167,620,268 $ 132,032 $ 326,575,169 $ (26,293) $ (159,060,640)
Ending balance, Shares at Mar. 31, 2026 132,032,636 132,032,636