v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (3,466,282) $ (3,515,440)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 863 862
Stock-based compensation 478,193 527,799
Changes in operating assets and liabilities:    
Prepaid expenses (117,240) (311,473)
Investments (58,335)
Accounts payable (254,141) (21,640)
Accrued expenses 161,766 187,743
Deferred revenue 25,078
Net cash used in operating activities (3,230,098) (3,132,149)
Cash flows from investing activities:    
Purchases of property and equipment
Net cash used in investing activities
Cash flows from financing activities:    
Proceeds from sale of common stock from ATM, net of issuance costs 262,459
Proceeds from issuance of common stock and warrants, net of issuance costs 5,674,651
Proceeds from warrant exercises 105,816
Proceeds from short term insurance financing 181,797 561,885
Payments on short term insurance financing (71,506) (220,845)
Net cash provided by financing activities 372,750 6,121,507
Net (decrease) increase in cash and cash equivalents (2,857,348) 2,989,358
Cash and cash equivalents, and restricted cash at beginning of period 5,435,983 2,624,730
Cash and cash equivalents, and restricted cash at end of period 2,578,635 5,614,088
Supplemental cash flow information:    
Cash paid for interest 3,464 11,172
Cash paid for taxes

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