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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (2,810,091) $ (4,379,890)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,157 410
Stockbased compensation 85,830 16,244
Foreign currency (gain) loss (56,176) 13,797
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 213,641 344,056
Accounts payable (350,256) (16,727)
Accrued expenses (644,427) 1,043,029
Deferred grant revenue (380,569)  
Net cash used in operating activities (3,935,891) (2,979,081)
Cash flows from investing activities:    
Purchases of property and equipment (7,978)  
Net cash used in investing activities (7,978)  
Cash flows from financing activities:    
Proceeds from issuance of common stock 15,999,598 5,788,918
Common stock issuance costs (1,289,893) (648,928)
Net cash provided by financing activities 14,709,705 5,139,990
Change in cash and cash equivalents and restricted cash 10,765,836 2,160,909
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,414) 48,158
Cash, cash equivalents and restricted cash-beginning of year 21,647,537 28,786,647
Cash, cash equivalents and restricted cash-end of period 32,410,959 30,995,714
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 32,369,973 30,995,714
Restricted cash 40,986  
Total cash, cash equivalents and restricted cash $ 32,410,959 $ 30,995,714