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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development expenses $ 4,212,918 $ 4,527,698 $ 10,043,918 $ 11,231,862
General and administrative expenses 3,410,433 4,156,606 6,685,191 7,550,069
Total operating expenses 7,623,351 8,684,304 16,729,109 18,781,931
Loss from operations (7,623,351) (8,684,304) (16,729,109) (18,781,931)
Interest income (expenses), net        
Interest income 333,624 675,209 711,473 1,344,104
Interest expense (2,144,481) (1,187,971) (3,075,359) (2,362,716)
Interest income (expenses), net (1,810,857) (512,762) (2,363,886) (1,018,612)
Loss before income taxes (9,434,208) (9,197,066) (19,092,995) (19,800,543)
Benefit from income taxes 0 869,169 1,169,820 869,169
Net loss (9,434,208) (8,327,897) (17,923,175) (18,931,374)
Comprehensive loss $ (9,434,208) $ (8,327,897) $ (17,923,175) $ (18,931,374)
Per share information:        
Net loss per share, basic (in dollars per share) $ (0.21) $ (0.23) $ (0.41) $ (0.53)
Net loss per share, diluted (in dollars per share) $ (0.21) $ (0.23) $ (0.41) $ (0.53)
Weighted average common shares outstanding, basic (in shares) 45,902,502 36,693,561 43,226,618 35,754,715
Weighted average common shares outstanding, diluted (in shares) 45,902,502 36,693,561 43,226,618 35,754,715