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INCOME TAXES - Summary of Significant Components of the Company's Deferred Tax Assets (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Net operating loss $ 20,906,000 $ 16,555,000
Capitalized R&D 29,548,000 13,328,000
Stock compensation 3,171,000 1,849,000
R&D credit 1,215,000 1,350,000
Intangible assets 443,000 441,000
Accruals and other temporary differences 1,395,000 575,000
Gross deferred tax assets 56,678,000 34,098,000
Valuation allowance (56,405,000) (33,661,000)
Total deferred tax assets 273,000 437,000
Deferred tax liabilities:    
Embedded debt derivative liabilities (208,000) (274,000)
Other (65,000) (163,000)
Total deferred tax liabilities (273,000) (437,000)
Net deferred tax assets $ 0 $ 0