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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 2,241,026 $ 2,287,977
Prepaid expenses and other current assets 493,558 1,293,554
Total current assets 2,734,584 3,581,531
Other assets:    
Property and equipment, net 305,777 507,377
Intangible assets, net 42,182 210,932
Total other assets 347,959 718,309
Total assets 3,082,543 4,299,840
Current liabilities:    
Accounts payable 521,747 1,218,783
Accrued liabilities 732,010 1,075,643
Investment option liability 1,988 23,608
Warrant liability 1,100 25,470
Total current liabilities 1,489,736 2,343,504
Commitments and contingencies (Note 12)
Mezzanine equity    
Series C redeemable preferred stock, $0.01 par value, 100,000 shares authorized, and 0 shares issued and outstanding as of December 31, 2024 and 2023, respectively
Redeemable non-controlling interest
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 December 31, 2024 and 2023, respectively
Common stock, $0.01 par value, 100,000,000 shares authorized, 678,002 and 182,625 shares issued and outstanding as of December 31, 2024 and 2023, respectively 6,780 1,827
Additional paid-in capital 108,255,049 100,841,416
Stock subscription receivable (1,817,640)
Accumulated deficit (106,074,505) (96,499,518)
Accumulated other comprehensive loss (594,517) (569,749)
Total shareholders’ equity 1,592,807 1,956,336
Total liabilities, mezzanine equity, and shareholders’ equity 3,082,543 4,299,840
Related Party [Member]    
Current liabilities:    
Due to related parties $ 232,891