XML 12 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 4,908,769 $ 4,677,491
Prepaid expenses and other current assets 466,330 259,216
Total current assets 5,375,099 4,936,707
Other assets:    
Property and equipment, net 119,927 159,234
Deferred offering costs, non-current 26,438
Total other assets 146,365 159,234
Total assets 5,521,464 5,095,941
Current liabilities:    
Accounts payable 280,315 581,020
Accrued expenses and other current liabilities 180,361 237,505
Total current liabilities 460,676 918,400
Commitments and contingencies (Note 9)  
Mezzanine equity    
Series C redeemable preferred stock, $0.01 par value, 100,000 shares authorized, and 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively
Total mezzanine equity
Shareholders’ equity    
Preferred stock, $0.01 par value, 20,000,000 shares authorized; Series B preferred stock, $0.01 par value, 3,600,000 shares authorized, 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively
Common stock, $0.01 par value, 100,000,000 shares authorized, 1,887,535 and 1,061,533 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 18,875 10,615
Additional paid-in capital 122,108,934 119,593,456
Accumulated deficit (116,479,965) (114,846,492)
Accumulated other comprehensive loss (587,056) (580,038)
Total shareholders’ equity 5,060,788 4,177,541
Total liabilities, mezzanine equity, and shareholders’ equity 5,521,464 5,095,941
Related Party [Member]    
Current liabilities:    
Due to related parties $ 99,875