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Note 12 - Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

Year Ended December 31,

 
   

2023

   

2022

 

Research and development

  $ 143,685     $ 174,710  

General and administrative

    263,947       159,125  

Total stock-based compensation expense

  $ 407,632     $ 333,835  
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
   

Number of

Options

   

Weighted

average

exercise price

per share

   

Weighted

Average

Remaining

Contractual

Term

   

Aggregate

Intrinsic Value

 

Balance at January 1, 2023

    114,516     $ 25.98       6.72          

Options assumed in the merger

    52,574     $ 313.67                  

Granted

    198,600     $ 5.95                  

Cancelled

    (15,957 )   $ 180.80                  
Exercised     (359 )   $ 5.33                  

Outstanding at December 31, 2023

    349,374     $ 51.15       8.12     $ 358,340  

Exercisable at December 31, 2023

    157,301     $ 103.67       6.35     $ 39,820  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

December 31,

 
   

2023

   

2022

 

Expected term (in years)

  5.75       6.00  

Risk-free interest rate

  3.9% - 4.5%       1.9 %

Expected volatility

  81.7% - 83.3%       80.3 %

Dividend yield

  0.0%       0.0 %