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Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 759,742 $ 2,070,075
Prepaid expenses and other current assets 77,296 191,783
Total current assets 837,038 2,261,858
Equipment and furnishings, net 999 6,711
Other assets 1,475 7,703
Operating lease right-of-use assets 31,610
Total assets 839,512 2,307,882
Current liabilities:    
Accounts payable 1,056,662 1,202,689
Accrued expenses and other current liabilities 1,202,279 964,233
Current portion of operating lease obligations 33,606
Total current liabilities 2,258,941 2,200,528
Commitments and contingencies
Stockholders’ equity (deficit):    
Preferred Stock, $0.01 par value, 833,333 shares authorized, including 50,000 shares of Series B Junior Participating Preferred Stock; no shares issued and outstanding at December 31, 2024 and 2023, respectively
Common stock, $0.001 par value, 62,393,940 shares authorized; 495,092 shares issued and outstanding as at December 31, 2024 and 2023, respectively 495 495
Additional paid-in capital 488,675,792 488,612,890
Accumulated deficit (490,095,716) (488,506,031)
Total stockholders’ equity (deficit) (1,419,429) 107,354
Total liabilities and stockholders’ equity (deficit) $ 839,512 $ 2,307,882