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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Operating Activities:      
Net loss $ (2,498,032) $ (1,332,048)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 329,919 65,074  
Depreciation 505 620  
Changes in operating assets and liabilities:      
Tax receivable (72,188) (35,960)  
Prepaid expenses and other current assets (43,006) (353,741)  
Accounts payable and accrued expenses 190,806 160,925  
Accrued interest 308  
Net cash used in operating activities (2,091,996) (1,494,822)  
Financing Activities:      
Payments of deferred offering costs (160,000)  
Proceeds from sale of common stock, net of offering costs 103,916 2,913,750  
Proceeds from sale of Nexcella common stock 175,000  
Net cash provided by financing activities 118,916 2,913,750  
Effect of foreign currency on cash (562) (2,722)  
Net change in cash and cash equivalents (1,973,642) 1,416,206  
Cash and cash equivalents – beginning of period 13,436,714 17,644,478 $ 17,644,478
Cash and cash equivalents – end of period 11,463,072 19,060,684 $ 13,436,714
Supplemental Disclosures of Cash Flow Information:      
Interest paid 80  
Income taxes paid 5,170 1,622  
Supplemental Disclosures of Noncash Financing Information:      
Nexcella shares issued for funds previously received 475,000  
Accrual of deferred offering costs 11,000  
Deferred offering costs charged against proceeds from sale of common stock $ 2,593