XML 57 R38.htm IDEA: XBRL DOCUMENT v3.25.1
Commitments and Contingencies (Details) - USD ($)
1 Months Ended 12 Months Ended
Jun. 28, 2024
Oct. 12, 2022
Jan. 27, 2022
Apr. 12, 2021
Jan. 05, 2021
Sep. 30, 2023
Oct. 31, 2022
Apr. 30, 2021
Dec. 31, 2024
Dec. 31, 2023
Nov. 30, 2024
Oct. 31, 2023
Sep. 30, 2021
Commitments and Contingencies [Line Items]                          
Paid bonus                 $ 25,000        
Annual cash bonus                 60,000        
Deferred compensation                 $ 0 $ 0      
License agreement expire                 15 years        
Percentage of sublicense income receivable                 25.00%        
Prepaid expense and other current assets                 $ 30,957 15,970      
Sales of licensed products percentage                 5.00%        
Sales                 $ 50,000,000        
License fees                 838        
Initial license fee                 $ 50,000        
Percentage of net sales                 2.00%        
Royalty payment                 $ 500,000        
Percentage of license fee                 5.00%        
Unreimbursed Patent Expenses $ 197,400                       $ 197,400
Accounts payable $ 197,400                        
Paid amount                     $ 50,000    
Accounts payable                 $ 147,400        
Deferred revenue                 3,352 3,352      
Deferred revenue – current portion amounted                 72,102 72,102      
Deferred revenue – long-term portion amounted                 721,578 793,680      
Research and development expenses                 $ 2,368,156 845,092      
Expected Term [Member]                          
Commitments and Contingencies [Line Items]                          
Expected term                 2 years        
License [Member]                          
Commitments and Contingencies [Line Items]                          
UMB fee amount                 $ 75,000        
Initial license fee                 $ 25,000        
Patent Products [Member]                          
Commitments and Contingencies [Line Items]                          
Percentage of net sales                 4.00%        
Eric Weisblum [Member]                          
Commitments and Contingencies [Line Items]                          
Base salary   $ 350,000                      
Signing bonus   100,000                      
Mr. Weisblum [Member]                          
Commitments and Contingencies [Line Items]                          
Annual bonus   200,000                      
Paid bonus           $ 200,000 $ 200,000            
Daniel Ryweck [Member]                          
Commitments and Contingencies [Line Items]                          
Base salary   60,000                      
Dr. James Kuo [Member]                          
Commitments and Contingencies [Line Items]                          
Base salary     $ 30,000                    
Share granted (in Shares)     16,000                    
Exercisable per share (in Dollars per share)     $ 10                    
Expire date     Jan. 31, 2032                    
Stock options (in Shares)     6,000                    
Vests (in Shares)             5,000         5,000  
Stock option (in Shares)                 16,000        
Fair value of stock option                 $ 94,915        
Deferred compensation                 94,915        
Amortized deferred compensation                 $ 0 14,125      
Dr. James Kuo [Member] | Risk-Free interest Rate [Member]                          
Commitments and Contingencies [Line Items]                          
Risk-free interest rate                 1.18%        
Dr. James Kuo [Member] | Dividend Yield [Member]                          
Commitments and Contingencies [Line Items]                          
Expected dividend yield                 0.00%        
Dr. James Kuo [Member] | Expected Volatility [Member]                          
Commitments and Contingencies [Line Items]                          
Expected volatility                 117.00%        
Master Lincense Agreement [Member]                          
Commitments and Contingencies [Line Items]                          
Commercial sale term                 10 years        
Percentage of sublicense income receivable                 15.00%        
Term year                 15 years        
Prepaid expense and other current assets                 $ 5,000 5,000      
Prepaid expenses non-current                 $ 50,625 55,625      
Sales of licensed products percentage                 3.00%        
Sales                 $ 50,000,000        
License fees                   838      
University of Maryland Baltimore [Member] | License [Member]                          
Commitments and Contingencies [Line Items]                          
UMB fee amount                 75,000        
Sponsored Research Agreement with Columbia University [Member] | License [Member]                          
Commitments and Contingencies [Line Items]                          
UMB fee amount                 5,000 5,000      
Customer Patent License Agreement with Aikido Pharma Inc [Member]                          
Commitments and Contingencies [Line Items]                          
Non-refundable cash payment         $ 500,000       $ 500,000        
Net sale percentage                 2.00%        
Licensor share (in Shares)         500       500        
Aggregate of converted shares (in Shares)         625,000       625,000        
Revenue term         15 years       15 years        
Common stock shares (in Shares)       625,000                  
Per share (in Dollars per share)       $ 0.85                  
Trading price       $ 531,250                  
Equity investment       531,250                  
Deferred revenue       $ 531,250         $ 1,031,250        
Cash                 500,000        
Securities received                 531,250        
Deferred revenue – current portion amounted                 68,750 68,750      
Deferred revenue – long-term portion amounted                 $ 756,250 687,500      
Consideration fee payable percentage                 110.00%        
Customer Patent License Agreement with Aikido Pharma Inc [Member] | License Fee Revenues [Member]                          
Commitments and Contingencies [Line Items]                          
Deferred revenue                 $ 68,750 68,750      
Customer Sublicense Agreement with Aikido Pharma Inc [Member]                          
Commitments and Contingencies [Line Items]                          
UMB fee amount               $ 50,000,000,000 1,900,000        
Deferred revenue – current portion amounted                 3,352 3,352      
Deferred revenue – long-term portion amounted                 34,078 37,430      
Upfront license fees                 $ 50,000        
First commercial sale                 10 years        
Agreement shall expire                 15 years        
Third Payment [Member]                          
Commitments and Contingencies [Line Items]                          
Initial license fee                 $ 50,000        
Sublicense Agreement [Member]                          
Commitments and Contingencies [Line Items]                          
Prepaid expense and other current assets                   838      
Prepaid expenses non-current                   $ 9,358      
Sublicense income, percentage               25.00%          
Sublicense agreement amount paid               $ 12,500          
Sublicense Agreement [Member] | Master Lincense Agreement [Member]                          
Commitments and Contingencies [Line Items]                          
Prepaid expense and other current assets                 838        
Prepaid expenses non-current                 $ 8,520        
Board of Directors [Member] | Eric Weisblum [Member]                          
Commitments and Contingencies [Line Items]                          
Annual bonus   $ 350,000                      
Series M Convertible Preferred [Member]                          
Commitments and Contingencies [Line Items]                          
Convertible preferred stock (in Shares)       500