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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating expenses:        
Research and development expenses $ 4,576,389 $ 6,803,900 $ 14,620,308 $ 18,035,762
General and administrative expenses 3,563,753 3,374,794 10,248,943 10,924,863
Total operating expenses 8,140,142 10,178,694 24,869,251 28,960,625
Loss from operations (8,140,142) (10,178,694) (24,869,251) (28,960,625)
Interest income (expenses), net        
Interest income 281,109 666,770 992,582 2,010,874
Interest expense (1,150,378) (1,214,734) (4,225,737) (3,577,450)
Interest income (expenses), net (869,269) (547,964) (3,233,155) (1,566,576)
Loss before income taxes (9,009,411) (10,726,658) (28,102,406) (30,527,201)
Benefit from income taxes 0 0 1,169,820 869,169
Net loss (9,009,411) (10,726,658) (26,932,586) (29,658,032)
Comprehensive loss $ (9,009,411) $ (10,726,658) $ (26,932,586) $ (29,658,032)
Per share information:        
Net loss per share, basic (in dollars per share) $ (0.19) $ (0.29) $ (0.6) $ (0.82)
Net loss per share, diluted (in dollars per share) $ (0.19) $ (0.29) $ (0.6) $ (0.82)
Weighted average common shares outstanding, basic (in shares) 46,869,531 36,806,592 44,648,508 36,107,900
Weighted average common shares outstanding, diluted (in shares) 46,869,531 36,806,592 44,648,508 36,107,900