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Condensed Consolidated Balance Sheet - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 6,356,036 $ 2,287,977
Prepaid expenses and other current assets 1,872,786 1,293,554
Total current assets 8,228,822 3,581,531
Other assets:    
Property and equipment, net 452,228 507,377
Intangible assets, net 168,744 210,932
Total other assets 620,972 718,309
Total assets 8,849,794 4,299,840
Current liabilities:    
Accounts payable 1,852,833 1,218,783
Accrued liabilities 487,464 1,075,643
Investment option liability 12,210 23,608
Warrant liability 15,431 25,470
Total current liabilities 2,367,938 2,343,504
Commitments and contingencies (Note 8)
Mezzanine equity    
Series C redeemable preferred stock, $0.01 par value, 100,000 shares authorized, and 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023
Total mezzanine equity
Shareholders’ equity    
Preferred stock, $0.01 par value, 20,000,000 shares authorized; Series B preferred stock, $0.01 par value, 3,600,000 shares authorized, 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, $0.01 par value, 100,000,000 shares authorized, 7,294,005 and 2,739,315 shares issued and outstanding as of March 31, 2024 and December 31, 2023 72,939 27,392
Additional paid-in capital 105,917,193 100,815,851
Stock subscription receivable (1,817,640)
Accumulated deficit (98,956,433) (96,499,518)
Accumulated other comprehensive loss (551,843) (569,749)
Total shareholders’ equity 6,481,856 1,956,336
Total liabilities, mezzanine equity, and shareholders’ equity $ 8,849,794 $ 4,299,840