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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues
Cost and expenses:        
Research and development 423,277 7,136,679 445,512 9,676,247
General and administrative 919,488 1,367,169 2,177,848 4,009,918
Asset impairment loss 402,746 402,746
Total operating expenses 1,745,511 8,503,848 3,026,106 13,686,165
Loss from operations (1,745,511) (8,503,848) (3,026,106) (13,686,165)
Other income (expense):        
Interest income (expense) 4,866 49,536 (19,945) 45,187
Change in fair value of contingent consideration and derivative financial instruments 698,073 4,529,100 (4,102,408) 6,459,752
Inducement expense (2,567,044)
Loss before income taxes (1,042,572) (3,925,212) (7,148,459) (9,748,270)
Income tax benefit 2,969,252
Net loss $ (1,042,572) $ (3,925,212) $ (7,148,459) $ (6,779,018)
Weighted-average common shares outstanding:        
Weighted-average common shares outstanding basic 11,328,122 115,983 7,137,017 108,728
Weighted-average common shares outstanding diluted 11,328,122 115,983 7,137,017 108,728
Net loss per common share: (see Note 10)        
Net loss per common share basic $ (0.09) $ (34.00) $ (1.00) $ (62.50)
Net loss per common share diluted $ (0.09) $ (34.00) $ (1.00) $ (62.50)