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Condensed Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
EXPENSES        
General and administrative $ 1,145,152 $ 1,336,765 $ 3,186,575 $ 5,132,834
Research and development 123,429 1,441,598 1,242,101 3,898,061
Total expenses 1,268,581 2,778,363 4,428,676 9,030,895
LOSS FROM OPERATIONS (1,268,581) (2,778,363) (4,428,676) (9,030,895)
OTHER EXPENSE (INCOME), NET        
(Gain) loss on change in fair value of warrant liabilities (1,231) 101,112 (361,137) (1,377,855)
Loss on change in fair value of derivative liabilities 495,693 321,080
Interest expense 408,359 367,257 808,477 1,288,908
Interest income (48,082) (48,082)
Loss on issuance of convertible debt 358,279
(Gain) loss on voluntary conversion of convertible debt into common stock 27,790 (56,010) 1,077,287
Loss on monthly redemptions of convertible debt into common stock 208,852
Gain on settlements of accounts payable (348,305) (348,305)
Loss on fixed asset disposal 21,747 21,747
Other income, net (6,547) (33,454) (9,262) (33,534)
Total other expense (income), net 527,677 456,662 873,892 976,553
LOSS BEFORE PROVISION FOR INCOME TAXES (1,796,258) (3,235,025) (5,302,568) (10,007,448)
(BENEFIT) PROVISION FOR INCOME TAXES (2,198) 800
NET LOSS FROM CONTINUING OPERATIONS (1,794,060) (3,235,025) (5,303,368) (10,007,448)
DISCONTINUED OPERATIONS        
Income (loss) from discontinued operations, net of tax 159,507 (683,008)
Loss on disposal of discontinued operations, net of tax (619,545) (100,000) (619,545)
GAIN (LOSS) FROM DISCONTINUED OPERATIONS (460,038) (100,000) (1,302,553)
NET LOSS (1,794,060) (3,695,063) (5,403,368) (11,310,001)
Net loss attributable to non-controlling interest from discontinued operations (38,526) (343,038)
Net loss available to Qualigen Therapeutics, Inc. (1,794,060) (3,656,537) (5,403,368) (10,966,963)
Deemed dividend arising from warrant down-round provision (27,587) (87,604)
Net loss attributable to Qualigen Therapeutics, Inc $ (1,821,647) $ (3,656,537) $ (5,490,972) $ (10,966,963)
Net loss per common share, basic - continuing operations $ (4.70) $ (32.01) $ (24.48) $ (99.64)
Net loss per common share, diluted - continuing operations (4.70) (32.01) (24.48) (99.64)
Net loss per common share, basic - discontinued operations      
Net loss per common share, diluted - discontinued operations (4.17) (0.45) (9.55)
Total net loss per common share, diluted $ (4.70) $ (36.18) $ (24.93) $ (109.19)
Weighted-average number of shares outstanding, diluted 387,878 101,049 220,221 100,434
Other comprehensive loss, net of tax        
Net loss $ (1,794,060) $ (3,695,063) $ (5,403,368) $ (11,310,001)
Foreign currency translation adjustment from discontinued operations (50,721)
Other comprehensive loss (1,794,060) (3,695,063) (5,403,368) (11,360,722)
Comprehensive loss attributable to noncontrolling interest from discontinued operations (38,526) (343,038)
Comprehensive loss attributable to Qualigen Therapeutics, Inc. $ (1,794,060) $ (3,656,537) $ (5,403,368) $ (11,017,684)