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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues $ 0 $ 0
Cost and expenses:    
Research and development 2,539,568 9,797,659
General and administrative 2,642,749 3,411,506
Total operating expenses 5,182,317 13,209,165
Loss from operations (5,182,317) (13,209,165)
Other income (expense):    
Interest expense (4,349) (2,322)
Change in fair value of contingent consideration and derivative financial instruments 1,930,652 (48,434)
Inducement expense (2,567,044) 0
Loss before income taxes (5,823,058) (13,259,921)
Income tax benefit: (See Note 3) 2,969,252 0
Net loss $ (2,853,806) $ (13,259,921)
Weighted-average common shares outstanding:    
Basic (in shares) 5,072,511 3,811,482
Diluted (in shares) 5,072,511 3,811,482
Net loss per common share: (see Note 9)    
Basic (in dollars per share) $ (0.56) $ (3.48)
Diluted (in dollars per share) $ (0.56) $ (3.48)