Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.25.3
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Research and development $ 2,589,749 $ 984,278 $ 5,963,124 $ 3,081,366
General and administrative 1,503,326 590,624 4,586,063 2,005,711
Total operating expenses 4,093,074 1,574,902 10,549,187 5,087,077
Loss from operations (4,093,074) (1,574,902) (10,549,187) (5,087,077)
Other income 0 171,282 0 171,282
Interest income 655,473 99,344 2,033,087 254,984
Net loss (3,437,601) (1,304,276) (8,516,099) (4,660,811)
Other comprehensive income (loss):        
Foreign currency translation gain (loss) (116) 5,176 (3,963) 5,924
Unrealized gain (loss) on investments (65,763) (24,425) (20,331) (2,783)
Comprehensive loss $ (3,503,480) $ (1,323,525) $ (8,540,393) $ (4,657,670)
Net loss per share:        
Basic and diluted (in dollars per share) $ (0.48) $ (0.37) $ (1.21) $ (1.36)
Weighted average shares outstanding:        
Basic and diluted** (in shares) [1] 7,123,849 3,520,398 7,036,937 3,419,321
[1] Information pertaining to number of shares outstanding and per share data gives retroactive effect to a 1 for 5 reverse stock split that became effective on August 12, 2024.