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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 9,654,837 $ 9,292,352
Prepaid expenses and other current assets 299,708 135,361
Total Current Assets 9,954,545 9,427,713
NON-CURRENT ASSETS:    
Operating lease right-of-use asset, net 41,104 55,165
Investment in joint ventures at fair value 36,819 37,400
Total Non-Current Assets 77,923 92,565
Total Assets 10,032,468 9,520,278
CURRENT LIABILITIES:    
Accounts payable 333,346 35,592
Accrued expenses 317,410 614,226
Operating lease liability, current portion 30,060 28,839
Total Current Liabilities 680,816 678,657
LONG-TERM LIABILITIES:    
Operating lease liability, less current portion 11,044 26,326
Total Long-Term Liabilities 11,044 26,326
Total Liabilities 691,860 704,983
Commitments and Contingencies (Note 6)
STOCKHOLDERS’ EQUITY:    
Preferred stock, value
Common stock, $0.0001 par value; 50,000,000 shares authorized; 5,358,804 and 4,348,129 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 536 435
Additional paid-in capital 65,934,709 61,732,106
Accumulated deficit (56,617,763) (52,944,506)
Accumulated other comprehensive income 23,126 27,260
Total Stockholders’ Equity 9,340,608 8,815,295
Total Liabilities and Stockholders’ Equity 10,032,468 9,520,278
Series A Convertible Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock, value
Series B Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock, value