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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 8,000 $ 0 $ 8,000 $ 0
Cost of revenues 3,200 0 3,200 0
Gross profit 4,800 0 4,800 0
OPERATING EXPENSES        
Research and development 924,749 309,480 1,347,141 628,509
Selling, general and administrative 676,086 859,537 1,347,570 1,630,557
Amortization of patent costs 29,271 23,021 58,542 46,042
TOTAL EXPENSES 1,630,106 1,192,038 2,753,253 2,305,108
Operating loss (1,625,306) (1,192,038) (2,748,453) (2,305,108)
OTHER INCOME/(EXPENSE)        
Interest income 67,578 89,913 149,181 151,060
Total other income (expense) 67,578 89,913 149,181 151,060
LOSS BEFORE PROVISION FOR INCOME TAXES (1,557,728) (1,102,125) (2,599,272) (2,154,048)
Provision for income taxes 0 0 0 0
NET LOSS $ (1,557,728) $ (1,102,125) $ (2,599,272) $ (2,154,048)
NET LOSS PER SHARE - BASIC AND DILUTED $ (1.11) $ (0.78) $ (1.84) $ (1.53)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED 1,405,208 1,409,948 1,413,324 1,408,793