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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses    
General and administrative $ 6,453,505 $ 8,852,021
Research and development 2,841,272 7,252,437
Depreciation and amortization 337,489 343,982
Total operating expenses 9,632,266 16,448,440
Loss from operations (9,632,266) (16,448,440)
Other income (expense)    
Inducement expense, net (1,848,235)
Change in fair value of warrant liabilities 24,370 94,396
Change in fair value of investment option liability 21,620 208,752
Change in fair value of derivative liability 727,000
Other income 20,000
Interest income, net 219 3,708
Total other income (expense) 66,209 (814,379)
Net loss before income taxes (9,566,057) (17,262,819)
Income tax expense (8,930) (28,913)
Net loss (9,574,987) (17,291,732)
Less preferred dividends attributable to non-controlling interest 19,041
Less deemed dividends attributable to accretion of embedded derivative at redemption value 147,988
Net loss attributable to shareholders (9,574,987) (17,458,761)
Other comprehensive loss    
Foreign currency translation (24,768) (33,015)
Comprehensive loss $ (9,599,755) $ (17,491,776)
Net loss per share - basic $ (19.04) $ (121.29)
Net loss per share - diluted $ (19.04) $ (121.29)
Weighted average shares outstanding, basic 502,900 143,938
Weighted average shares outstanding, diluted 502,900 143,938