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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities:    
Net loss $ (8,266,576) $ (6,140,730)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 5,814 6,554
Non-cash lease expense 120,871 111,153
Share-based compensation 329,815 370,182
Issuance of common stock to vendors for services 15,800 73,000
Issuance of common stock for purchase option   50,000
Loss on extinguishment of debt   393,791
Change in fair value of convertible debt (260,933) (43,066)
Amortization of deferred issuance costs associated with convertible debt   12,518
Change in operating assets and liabilities:    
Contracts and grants receivable 171,254 (56,124)
Prepaid expenses and other current assets (39,255) (591,805)
Research and development incentives receivable 48,643 90,016
Operating lease liability (121,765) (108,948)
Accounts payable and accrued expenses (492,613) (2,685,073)
Accrued compensation 85,327 (85,577)
Net cash flows from operating activities (8,403,618) (8,604,109)
Financing activities:    
Proceeds from issuance of common stock pursuant to At Market Issuance Sales Agreement 1,071,559 3,091,462
Proceeds from issuance of common stock and pre-funded warrants 4,741,400 8,495,817
Proceeds from the exercise of warrants 4,450,172 3,299
Issuance costs associated with warrant inducement (374,774)  
Convertible debt repayments (1,372,872) (7,000,000)
Net cash flows from financing activities 7,762,089 3,663,506
Effect of exchange rate on cash and cash equivalents 14,885 27,146
Net decrease in cash and cash equivalents (626,644) (4,913,457)
Cash and cash equivalents at beginning of year 8,446,158 13,359,615
Cash and cash equivalents at end of year 7,819,514 8,446,158
Supplemental information:    
Cash paid for state income taxes 42,162 20,730
Cash paid for interest 227,735 552,058
Cash paid for lease liabilities:    
Operating lease 136,917 133,817
Non-cash investing and financing activities:    
Pontifax conversion of portion of debt principal into common stock 254,256  
Deferred issuance cost reclassified to additional paid-in capital 250,698 20,208
Redemption liability for Series D preferred stock   43
Warrant modification - incremental value 7,177,683  
At Market Issuance Sales Agreement    
Financing activities:    
Stock issuance costs associated (128,331) (93,011)
Public Offering    
Financing activities:    
Stock issuance costs associated $ (625,065) $ (834,061)