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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,211,930 $ 5,478,113
Research and development tax incentive receivable 287,597 433,852
Prepaid assets and other current assets 1,362,989 1,678,353
Total current assets 4,862,516 7,590,318
Operating lease right-of-use asset, net 99,431 119,529
Property and equipment, net 1,879,696 1,999,781
Note receivable - Augmenta 2,337,219 2,310,000
Other assets 7,688 7,688
Total assets 9,186,550 12,027,316
Current liabilities:    
Accounts payable 1,663,544 958,442
Accrued liabilities 1,983,426 1,285,586
Deferred research grant revenue 140,000 101,000
Current portion of operating lease liability 84,300 83,512
Total current liabilities 3,871,270 2,428,540
Operating lease liability, net of current portion 10,856 31,742
Total liabilities 3,882,126 2,460,282
Commitments and contingencies (see Note 5)
Stockholders’ equity:    
Common stock; $0.001 par value, 180,000,000 shares authorized; 2,519,220 and 2,370,000 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 2,519 2,370
Additional paid-in capital 129,572,489 128,044,509
Accumulated other comprehensive loss (203,787) (148,192)
Accumulated deficit (124,066,797) (118,331,653)
Total stockholders’ equity 5,304,424 9,567,034
Total liabilities and stockholders’ equity $ 9,186,550 $ 12,027,316