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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (1,649,703) $ (5,479,137)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 70,124 61,434
Change in fair value of warrant liability (48,096) (707,284)
Changes in operating assets and liabilities:    
Advances on research and development contract services (321,431) 170,205
Prepaid insurance and prepaid expenses 171,229 171,482
Accounts payable and accrued expenses (51,390) 706,881
Research and development contract liabilities 44,980 93,753
Accrued legal settlement (414,989)
Net cash used in operating activities (2,199,276) (4,982,666)
Cash flows from financing activities    
Proceeds from sale of common stock in public offering, net of offering costs 1,504,339 4,452,163
Exercise of pre-funded warrants 436
Net cash provided by financing activities 1,504,775 4,452,163
Net decrease in cash (694,501) (530,503)
Cash, beginning of period 3,026,569 7,538,312
Cash, end of period 2,332,068 7,007,809
Supplemental information    
Income taxes paid
Noncash investing and financing activities    
Options issued to settle accrued bonus $ 77,400