XML 14 R5.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Statements of Stockholders' Equity (Deficit) - USD ($)
Total
Notes [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series C-1 Preferred Stock [Member]
Preferred Stock [Member]
Series C-2 Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Notes [Member]
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Series A Preferred Stock [Member]
Accumulated Deficit [Member]
Series C-1 Preferred Stock [Member]
Accumulated Deficit [Member]
Series C-2 Preferred Stock [Member]
Beginning Balance at Dec. 31, 2022 $ (37,790,539)         $ 897 $ 4,590,855   $ (42,382,291)      
Beginning Balance (in Shares) at Dec. 31, 2022           896,580            
Temporary equity accretion of dividends during the period     $ (164,510) $ (40,551) $ (470,962)         $ (164,510) $ (40,551) $ (470,962)
Exercise of common stock options 41,073         $ 21 41,052          
Exercise of common stock options (in Shares)           21,158            
Warrants issued in connection with notes/preferred stock   $ 55,062           $ 55,062        
Change in par value of common stock           $ (827)   $ 827        
Business Combination with Alpha, net of transaction costs 55,994,052         $ 1,830 55,992,222          
Business Combination with Alpha, net of transaction costs (in Shares)           18,302,510            
Common stock issued to convertible noteholder at the Business Combination 250,000         $ 3 249,997          
Common stock issued to convertible noteholder at the Business Combination (in Shares)           25,000            
Common and Series A Preferred stock issued in conjuction with AxBio Acquisition 21,652,790   $ 1     $ 385 21,652,404          
Common and Series A Preferred stock issued in conjuction with AxBio Acquisition (in Shares)     4,243     3,845,337            
Stock-based compensation expense 667,682           667,682          
Net Income (Loss) (15,445,087)               (15,445,087)      
Ending Balance at Dec. 31, 2023 24,749,010   $ 1     $ 2,309 83,250,101   (58,503,401)      
Ending Balance (in Shares) at Dec. 31, 2023     4,243     23,090,585            
Stock received from AxoBio Disposition (23,456,179)   $ (1)     $ (385) (23,455,793)          
Stock received from AxoBio Disposition (in Shares)     (4,243)     (3,845,337)            
Common Stock issued 2,687,225         $ 134 2,687,091          
Common Stock issued (in Shares)           1,331,452            
Common Stock issued in connection with Notes 848,500         $ 33 848,467          
Common Stock issued in connection with Notes (in Shares)           328,707            
Stock-based compensation expense 827,043           827,043          
Net Income (Loss) (10,368,261)               (10,368,261)      
Ending Balance at Dec. 31, 2024 $ (4,712,662)         $ 2,091 $ 64,156,909   $ (68,871,662)      
Ending Balance (in Shares) at Dec. 31, 2024           20,905,407