XML 45 R28.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The Company’s CODM views specific categories within research and development expenses and general and administrative expenses as significant given the direct correlation between cash burn as a pre-revenue company. The table below is a summary of the segment loss, including significant segment expenses:
Year Ended December 31
20242023
Expenses:
Research and development:
  SP-3164$345,580 $4,129,308 
  SP-2577424,4473,044,439
General and administrative:
  Professional services and Consulting 2,692,8152,456,319
  Personnel cost1,472,8111,658,839
  Facility cost and other798,6631,606,039
Loss from operations5,734,31612,894,944
Interest income (expense), net158,539352,251
Net loss
$
5,575,777
$
12,542,693