Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2024

Stockholders' Equity [Abstract]

Warrants Valuation Assumptions

The common stock was valued at $1,133,480, based on the Company’s stock price. The pre-funded warrants and common warrants were valued at $1,615,701 and $1,854,099, respectively, using the following Black-Scholes assumptions:

	Pre-funded warrants			Common warrants
Expected term (in years)		4			4
Risk‑free interest rate		3.83	%		3.83	%
Dividend yield		—	%		—	%
Expected volatility		100.25	%		100.25	%
Exercise price	$	0.0001		$	1.095
Stock price	$	0.86		$	0.86
Black-Scholes value	$	0.86		$	0.58

Warrants Outstanding to Purchase Shares of Common Stock

As of December 31, 2024, the Company has warrants outstanding to purchase shares of common stock, which are all exercisable in whole or in part, with expiration dates as follows:

	2024				2023
	Number of				Number of
	warrants		Exercise		warrants		Exercise
Expiration date	outstanding		price		outstanding		price
March 2024		—		—		31,882	$	31.50
April 2024		—		—		4,762	$	31.50
November 2024		—		—		5,805,083	$	1.48
April 2025		55,177	$	7.25		55,177	$	7.25
December 2026		128,934	$	9.45		128,934	$	9.45
January 2027		12,705	$	9.45		12,705	$	9.45
April 2028		68,809	$	1.53		68,809	$	1.53
November 2028		5,805,083	$	1.18		5,805,083	$	1.18
Total		6,070,708				11,912,435