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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Operating expenses:            
Research and development $ 1,466,037 $ 2,226,688 $ 4,771,152 $ 5,587,073 $ 7,621,707 $ 6,324,657
General and administrative 1,676,020 2,021,724 6,423,029 6,611,767 8,756,767 8,586,249
Total operating expenses 3,142,057 4,248,412 11,194,181 12,198,840 16,378,474 14,910,906
Loss from operations (3,142,057) (4,248,412) (11,194,181) (12,198,840) (16,378,474) (14,910,906)
Other income, net 73,021 326,024 303,201 778,149 955,003 588,108
Net loss $ (3,069,036) $ (3,922,388) $ (10,890,980) $ (11,420,691) $ (15,423,471) $ (14,322,798)
Net loss available to common stockholders per share of common stock, basic $ (0.32) $ (0.47) $ (1.23) $ (1.36) $ (1.83) $ (1.73)
Net loss available to common stockholders per share of common stock, diluted $ (0.32) $ (0.47) $ (1.23) $ (1.36) $ (1.83) $ (1.73)
Weighted average number of shares used in calculating net loss per share, basic 9,510,447 8,401,047 8,832,630 8,401,047 8,401,047 8,262,119
Weighted average number of shares used in calculating net loss per share, diluted 9,510,447 8,401,047 8,832,630 8,401,047 8,401,047 8,262,119
Other comprehensive income (loss):            
Reclassification adjustment for interest earned on marketable securities included in net loss $ (140,567) $ (430,993) $ (430,993) $ (110,002)
Change in unrealized gain on marketable securities 6,412 334,559 334,559 206,436
Comprehensive loss $ (3,069,036) $ (4,056,543) $ (10,890,980) $ (11,517,125) $ (15,519,905) $ (14,226,364)