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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (7,011,560) $ (16,802,292)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,721 2,721
Amortization of capitalized software 0 12,770
Stock-based compensation expense 595,447 768,167
Non-cash interest expense associated with the sale of future royalties 0 4,562,223
Changes in operating assets and liabilities    
Prepaid expenses and other current assets 607,280 561,847
Accounts payable (711,045) (976,975)
Accrued expenses and other current liabilities 403,059 1,839,964
Net cash used in operating activities (6,114,098) (10,031,575)
Cash flows from investing activities:    
Net cash provided by investing activities 0 0
Cash flows from financing activities:    
Net cash provided by financing activities 0 0
Net decrease in cash, cash equivalents and restricted cash (6,114,098) (10,031,575)
Cash, cash equivalents and restricted cash    
Beginning of period 21,462,008 41,012,575
End of period 15,347,910 30,981,000
Reconciliation of the Condensed Consolidated Statements of Cash Flows to the Condensed Consolidated Balance Sheets    
Cash and cash equivalents 15,247,910 30,881,000
Restricted cash 100,000 100,000
Total cash, cash equivalents and restricted cash $ 15,347,910 $ 30,981,000