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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net loss $ (3,108,991) $ (4,112,420)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 256,358 188,819
Change in fair value of warrant liability (3,967) (51,081)
Changes in operating assets and liabilities:    
Advances on research and development contract services 49,087 70,785
Prepaid insurance 35,233 104,171
Interest receivable (9,895)  
Accounts payable and accrued expenses 91,025 89,780
Accrued legal settlement (414,989)
Net cash used in operating activities (2,691,150) (4,124,935)
Cash flows from financing activities    
Proceeds from issuance of common shares from ATM, net of costs 347,549 1,112,202
Proceeds from sale of common stock, warrants, and pre-funded warrants in public offering, net of offering costs 4,352,792 1,504,113
Proceeds from issuance of common shares from warrant inducement, net of costs 1,806,520
Exercise of pre-funded warrants 662
Net cash provided by financing activities 4,700,341 4,423,497
Net increase in cash 2,009,191 298,562
Cash, beginning of year 3,325,131 3,026,569
Cash, end of year 5,334,322 3,325,131
Supplemental information    
Income taxes paid
Noncash investing and financing activities    
Options issued to settle accrued bonus 46,183 77,400
Deemed dividend – warrant inducement $ 3,212,504