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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses:    
Research and development $ 11,639,411 $ 11,287,691
General and administrative 7,493,035 9,742,739
Total operating expenses 19,132,446 21,030,430
Loss from operations (19,132,446) (21,030,430)
Other income (expense):    
Investment income, net 512,204 1,157,625
Loss on debt extinguishment (329,158)
Interest expense (197,080)
Other expense (396,319)
Total other income (expense), net 512,204 235,068
Loss before income tax benefit (18,620,242) (20,795,362)
Income tax benefit 1,280,385
Net loss $ (18,620,242) $ (19,514,977)
Net loss per common share - Basic $ (1.62) $ (2.16)
Net loss per common share - Diluted $ (1.62) $ (2.16)
Weighted average common shares outstanding - Basic 11,508,159 9,045,320
Weighted average common shares outstanding - Diluted 11,508,159 9,045,320