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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 16,532,199 $ 22,849,885
Prepaid expenses and other current assets 395,011 726,254
Total current assets 16,927,210 23,576,139
Property and equipment, net 70,665 81,522
Restricted cash 40,673 40,170
Other noncurrent assets 271,162 281,662
Total assets 17,309,710 23,979,493
Current liabilities:    
Accounts payable 1,195,838 1,352,240
Accrued expenses 1,971,830 2,008,735
Total current liabilities 3,167,668 3,360,975
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, $0.001 par value, 400,000,000 shares authorized, 5,752,175 and 5,481,055 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 5,752 5,481
Additional paid-in capital 352,250,747 350,971,225
Accumulated other comprehensive loss (10,628,417) (10,627,379)
Accumulated deficit (328,213,401) (321,041,872)
Total stockholders' equity 13,414,681 19,307,455
Total liabilities and stockholders' equity 17,309,710 23,979,493
Series A Convertible Preferred Stock    
Convertible preferred stock:    
Series A convertible preferred stock, $0.001 par value, 40,000,000 shares authorized; 31,194 and 56,227 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively $ 727,361 $ 1,311,063