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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 76,938,183 $ 94,429,824
Prepaid expenses and other current assets 2,120,634 3,466,160
Total current assets 79,058,817 97,895,984
Property and equipment, net 33,721 11,959
Operating lease right-of-use lease asset 138,622 218,816
Total assets 79,231,160 98,126,759
Current liabilities:    
Accounts payable 2,720,876 1,452,188
Accrued expenses and other current liabilities 3,195,918 1,188,929
Operating lease liability - current 118,980 107,316
Total current liabilities 6,035,774 2,748,433
Operating lease liability - non-current 21,220 112,064
Total liabilities 6,056,994 2,860,497
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized at September 30, 2025 and December 31, 2024; 91,879,177 and 89,704,194 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 91,879 89,704
Additional paid-in capital 190,959,989 189,956,252
Accumulated deficit (117,877,702) (94,779,694)
Total stockholders' equity 73,174,166 95,266,262
Total liabilities and stockholders' equity $ 79,231,160 $ 98,126,759
Common stock, shares issued (in shares) 91,879,177 89,704,194
Common stock, shares outstanding (in shares) 91,879,177 89,704,194