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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total revenues $ 2,342 $ 206,929 $ 119,371 $ 464,107
Cost of revenues (2,342) (184,021) (119,371) (410,061)
Gross profit   22,908   54,046
Operating expenses:        
Research and development 501,158 762,699 1,596,198 1,709,150
General and administrative 1,243,517 890,533 2,265,568 2,125,909
Total operating expenses 1,744,675 1,653,232 3,861,766 3,835,059
Loss from operations (1,744,675) (1,630,324) (3,861,766) (3,781,013)
Other income (expense):        
Foreign currency transaction gain 473 3,722 1,682 3,356
Interest income (expense), net 35,925 (60,194) 64,767 (163,762)
Research and development incentives (31,819) 6,209 (25,488) 12,657
Other income 43 2,354 43 43,223
Loss on extinguishment of debt   (393,791)   (393,791)
Change in fair value of convertible debt 95,551 460,000 260,933 460,000
Total other income (expense) 100,173 18,300 301,937 (38,317)
Net loss before income taxes (1,644,502) (1,612,024) (3,559,829) (3,819,330)
Income tax benefit       1,161,197
Net loss applicable to common stockholders $ (1,644,502) $ (1,612,024) $ (3,559,829) $ (2,658,133)
Basic net loss per share (in Dollars per share) [1] $ (1.31) $ (3.56) $ (3.71) $ (8.35)
Diluted net loss per share (in Dollars per share) [1] $ (1.31) $ (3.56) $ (3.71) $ (8.35)
Basic weighted average common shares outstanding (in Shares) [1] 1,258,985 453,035 958,341 318,414
Diluted weighted average common shares outstanding (in Shares) [1] 1,258,985 453,035 958,341 318,414
Grant revenue        
Total revenues $ 2,342 $ 206,929 $ 119,371 $ 464,107
[1] Adjusted to reflect the reverse stock split of one-for-sixteen effective June 5, 2024