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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating activities        
Net loss $ (1,267,218) $ (1,867,917) $ (2,847,038) $ (4,110,987)
Adjustments to reconcile net loss to net cash used in operating activities:        
Stock-based compensation expense 126,578 280,140 380,607 564,712
Non-cash interest expense 124,657 124,658 249,315 247,945
Non-cash lease expense       76,232
Change in operating assets and liabilities:        
Accounts receivable     (1,329,932) (398,981)
Prepaid expenses and other current assets     521,961 581,606
Inventories     (62,925) (224,334)
Accounts payable and accrued expenses     586,220 480,997
Accrued compensation     (898,213) 21,774
Operating lease liabilities       (76,232)
Net cash used in operating activities     (3,400,005) (2,837,268)
Financing activities        
Proceeds from February 2024 offering, net of issuance costs     6,718,211  
Payment of February 2024 offering costs     (426,293)  
Proceeds from amendment and exercise of Series B Warrants, net of issuance costs     1,546,497  
Net cash provided by financing activities     7,838,415  
Net increase (decrease) in cash and cash equivalents     4,438,410 (2,837,268)
Cash and cash equivalents at beginning of period     4,739,426 9,843,699
Cash and cash equivalents at end of period $ 9,177,836 $ 7,006,431 9,177,836 $ 7,006,431
Supplemental disclosure of non-cash financial activities        
Warrant amendment costs included in accounts payable and accrued expenses     $ 8,190