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Consolidated Balance Sheet - USD ($)
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 4,577,040 $ 3,367,229
Prepaid expenses 246,600 53,111
Other current assets 164,244 177,964
Total current assets 4,987,884 3,598,304
Equipment, net of accumulated depreciation of $524,639 and $495,638 as of December 31, 2024 and 2023, respectively 732,929 953,977
Total assets 5,720,813 4,552,281
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Accounts payable 2,728,212 3,911,973
Accrued liabilities 1,873,561 5,037,361
Other current liabilities 2,357,903 2,453,251
Total current liabilities 6,959,676 11,402,585
Related party note 4,924,612  
Other long-term liabilities 0 48,072
Due to related parties 13,422,407 11,157,073
Commitments and contingencies
Stockholders' deficit    
Common stock, par value $0.00001 per share, 150,000,000 shares authorized, 3,963,045 and 3,459,910 shares issued and outstanding as of December 31, 2024 and 2023, respectively 40 35
Additional paid-in capital 125,227,389 115,772,396
Accumulated other comprehensive loss (631,576) (430,947)
Accumulated deficit (144,181,735) (133,396,933)
Total stockholders' deficit (19,585,882) (18,055,449)
Total liabilities and stockholders' deficit $ 5,720,813 $ 4,552,281