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Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Summary of Company's Financial Data for Development and Commercialization of Pharmaceutical Products Segment

The following table summarizes the Company’s financial data for its development and commercialization of pharmaceutical products segment:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

Net product sales

 

$

4,283,979

 

 

$

2,654,186

 

 

$

11,116,279

 

 

$

6,941,042

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

 

(101,977

)

 

 

(104,024

)

 

 

(311,269

)

 

 

(238,031

)

 

Eversana profit sharing

 

 

(3,640,048

)

 

 

(2,277,308

)

 

 

(9,447,180

)

 

 

(5,921,230

)

 

Employee expenses

 

 

(619,572

)

 

 

(561,258

)

 

 

(1,889,466

)

 

 

(1,819,230

)

 

Professional fees

 

 

(687,161

)

 

 

(546,740

)

 

 

(2,319,005

)

 

 

(1,674,494

)

 

Stock-based compensation

 

 

(105,056

)

 

 

(131,587

)

 

 

(293,693

)

 

 

(512,194

)

 

Sales and marketing expenses

 

 

(179,003

)

 

 

(194,201

)

 

 

(540,556

)

 

 

(561,293

)

 

Other operating expenses(1)

 

 

(88,850

)

 

 

(124,725

)

 

 

(313,393

)

 

 

(225,009

)

 

Interest income

 

 

107,507

 

 

 

99,294

 

 

 

338,894

 

 

 

226,353

 

 

Interest expense (non-cash)

 

 

(126,027

)

 

 

(126,027

)

 

 

(373,973

)

 

 

(375,342

)

 

Total segment costs loss and net loss

 

$

(1,156,208

)

 

$

(1,312,390

)

 

$

(4,033,362

)

 

$

(4,159,428

)

 

________________

(1) Includes ongoing product development costs, occupancy costs (including rent and utilities), administrative costs, travel and business taxes.