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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating expenses    
General and administrative $ 1,933,753 $ 2,948,400
Research and development 458,155 1,825,792
Depreciation and amortization 85,409 86,486
Total operating expenses 2,477,317 4,860,678
Loss from operations (2,477,317) (4,860,678)
Other (expense) income    
Change in fair value of warrant liabilities 10,039 50,657
Change in fair value of investment option liability 11,398 119,505
Change in fair value of derivative liability 13,000
Interest income (expense), net 696 (11)
Total other income 22,133 183,151
Net loss before income taxes (2,455,184) (4,677,527)
Income tax expense (1,731)
Net loss (2,456,915) (4,677,527)
Less preferred dividends attributable to non-controlling interest 12,329
Less deemed dividends attributable to accretion of embedded derivative at redemption value 110,991
Net loss attributable to shareholders (2,456,915) (4,800,847)
Other comprehensive loss    
Foreign currency translation 17,906 1,968
Comprehensive loss $ (2,439,009) $ (4,798,879)
Net loss per share - basic $ (0.61) $ (2.31)
Net loss per share - diluted $ (0.61) $ (2.31)
Weighted average shares outstanding, basic 4,001,456 2,078,271
Weighted average shares outstanding, diluted 4,001,456 2,078,271