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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (8,677,137) $ (10,627,799)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 127,499 554,404
Change in operating assets and liabilities:    
Prepaid expenses and other current assets 45,675 (207,029)
Accounts payable and accrued expenses 661,750 438,133
Litigation liability (6,000,000) 3,000,000
Net cash used in operating activities (13,842,213) (6,842,291)
CASH FLOWS FROM FINANCING ACTIVITIES    
 Proceeds from public offering 2,249,993 0
 Payments for issuance costs (453,368) 0
 Issuance of common stock upon exercise of pre-funded warrants 7 0
 Issuance of common stock upon exercise of warrants 2,767,072  
Proceeds from insurance financing agreement 502,798 0
Payments to insurance financing agreement (348,572) 0
Net cash provided by financing activities 4,717,930 0
Net change in cash (9,124,283) (6,842,291)
Cash, beginning of period 9,141,512 18,995,284
Cash, end of period 17,229 12,152,993
Supplemental disclosure of cash and non-cash transactions    
Cancellation of insurance financing agreement $ 154,226 $ 0