Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Measurements

Schedule of carrying value and fair value of financial assets and liabilities measured at fair value on a recurring basis

The following tables provides the carrying value and fair value of certain financial assets and liabilities of the Company measured at fair value on a recurring basis as of December 31, 2025 and 2024:

			Fair Value Measurement at
			December 31, 2025
	Carrying Value		Level 1		Level 2		Level 3
Assets:
Cash equivalents	$	19,184,883	$	19,184,883	$	—	$	—
Total assets measured and recorded at fair value	$	19,184,883	$	19,184,883	$	—	$	—
Liabilities:
Warrant liability	$	595,000	$	—	$	—	$	595,000
Total liabilities measured and recorded at fair value	$	595,000	$	—	$	—	$	595,000

			Fair Value Measurement at
			December 31, 2024
	Carrying Value		Level 1		Level 2		Level 3
Assets:
Cash equivalents	$	491,006	$	491,006	$	—	$	—
Total assets measured and recorded at fair value	$	491,006	$	491,006	$	—	$	—
Liabilities:
Warrant liability	$	737,000	$	—	$	—	$	737,000
Total liabilities measured and recorded at fair value	$	737,000	$	—	$	—	$	737,000

Canaccord Warrants

Fair Value Measurements

Schedule of quantitative information regarding Level 3 fair value measurements inputs

The following tables provide quantitative information regarding the Level 3 classified Canaccord Warrants as of their respective measurement dates:

	December 31, 2025			December 31, 2024
Exercise price	$	9.00		$	9.00
Closing stock price	$	3.46		$	5.03
Number of warrants		308,333			308,333
Volatility		123	%		80	%
Term (time to expiration in years)		2.84			3.84
Risk-free rate		3.5	%		4.3	%