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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 $ (34,495,505) $ (37,610,384)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 4,106,606 6,848,193
Issuance of shares in consulting agreements 298,501 267,000
Amortization of debt discount 1,553,835 1,156,905
Loss on retirement of debt 1,107,004 0
Depreciation expense 21,836 21,112
Finance lease amortization expense 38,682 38,679
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (173,564) (870,294)
Accounts payable 1,889,580 (5,297,956)
Accrued expenses (2,098,987) 416,522
Operating lease liabilities 0 0
Net cash used in operating activities (27,752,012) (35,030,223)
Cash flows from investing activities:    
Purchase of equipment 0 (29,000)
Net cash used in investing activities 0 (29,000)
Cash flows from financing activities:    
Proceeds from issuance of pre-funded warrants 1,038,094 0
Proceeds from issuance of warrants 5,315,811 0
Proceeds from exercise of pre-funded warrants 100 0
Proceeds from exercise of stock options 0 774,091
Payments of finance lease obligations (61,119) (55,795)
Loan principal payments (6,666,667) (3,125,000)
Loan repayment (19,000,000) 0
Net proceeds from issuance of loan 18,164,795 0
Proceeds from issuance of common stock, net of issuance costs 9,709,064 0
Proceeds from issuance of common stock from at-the-market program, net of issuance costs 4,274,312 22,595,001
Net cash provided by financing activities 12,774,390 20,188,297
Net (decrease) increase in cash and cash equivalents (14,977,622) (14,870,926)
Cash and cash equivalents at beginning of period 41,689,591 56,560,517
Cash and cash equivalents at end of period 26,711,969 41,689,591
Supplemental information of cash and non-cash transactions:    
Cash paid for interest $ 2,921,359 $ 3,556,662