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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (7,349,056) $ (8,488,967)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,156,495 1,253,882
Issuance of shares in consulting agreements 0 203,501
Amortization of debt discount 448,837 272,578
Depreciation expense 5,459 5,459
Finance lease depreciation expense 9,670 9,670
Changes in assets and liabilities:    
Prepaid expenses and other assets 764,455 (3,395,931)
Accounts payable 75,904 1,174,424
Accrued expenses 516,590 (66,872)
Net cash used in operating activities (4,371,646) (9,032,256)
Cash flows from financing activities:    
Proceeds from issuance of pre-funded warrants 0 1,009,969
Proceeds from exercise of pre-funded warrants 0 71
Proceeds from issuance of warrants 0 2,150,771
Payments of finance lease obligations (13,198) (14,761)
Loan principal repayment (1,500,000) (3,125,000)
Proceeds from issuance of common stock from at-the-market program, net of issuance costs 833,371 306,115
Proceeds from issuance of common stock, net of issuance costs 0 6,994,174
Net cash provided by financing activities (679,827) 7,321,339
Net increase in cash and cash equivalents (5,051,473) (1,710,917)
Cash and cash equivalents at beginning of period 26,711,969 41,689,591
Cash and cash equivalents at the end of period 21,660,496 39,978,674
Supplemental information of cash and non-cash transactions:    
Cash paid for interest $ 564,653 $ 693,989