Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2026

Stock-Based Compensation [Abstract]

Stock-Based Compensation Expense

The following table summarizes the components of stock-based compensation expense in the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three months ended March 31, 2026 and 2025:

	Three Months Ended March 31,
	2026		2025
	(unaudited)
Research and development	$	365,024	$	520,527
General and administrative		791,470		733,355
Total	$	1,156,495	$	1,253,882

Stock Option Activity

The following table summarizes stock option activity for three months ended March 31, 2026:

	Number of Shares			Weighted Average Exercise Price
Options outstanding at December 31, 2025		6,731,568		$	4.55
Granted		2,833,162			0.98
Exercised		-			-
Forfeited and expired		(152,585	)		7.45
Options outstanding at March 31, 2026		9,412,145		$	3.43
Vested and expected to vest at March 31, 2026		9,412,145		$	3.43
Exercisable at March 31, 2026		3,905,591		$	5.80