Equity Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2023

Equity Incentive Plan

Weighted-average assumptions used for the stock option grants

	Year Ended December 31,
	2023			2022
Grant date fair value	$	4.23		$	23.36
Risk-free interest rate		3.9	%		1.5	%
Dividend yield		0.00	%		0.00	%
Expected life in years		6.1			5.4
Expected volatility		112	%		123	%

Schedule of stock-based compensation expense

	Year Ended December 31,
	2023		2022
Research and development	$	193,700	$	218,324
General and administrative		328,382		712,001
	$	522,082	$	930,325

Schedule of stock option activity

	Number of Options Outstanding		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (in Years)
Balance at December 31, 2022		65,983	$	60.32		8.2
Options granted		36,091		4.96		9.0
Options exercised		-		-		-
Options cancelled		-		-		-
Balance at December 31, 2023		102,074	$	40.77		7.8
Options exercisable at December 31, 2023		53,413	$	63.51		7.3