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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Licensing revenue
Expenses:    
Research and development 30,296
General and administrative 801,601 1,080,039
Loss from operations (831,897) (1,080,039)
Other income:    
Interest income 18,632 4,267
Royalty and milestone rights 1,000,000
Other income, net 1,274
Net income (loss) 186,735 (1,074,498)
Dividends paid on preferred shares (68,809)
Net income (loss) attributable to common stockholders $ 186,735 $ (1,143,307)
Total basic income (loss) per share $ 0.38 $ (0.03)
Total diluted income (loss) per share $ 0.38 $ (0.03)
Basic weighted-average shares outstanding 495,092 460,790
Diluted weighted-average shares outstanding 495,092 460,790