Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating expenses:    
Research and development $ 2,392,658 $ 4,114,434
General and administrative 6,969,845 6,444,381
Total operating expenses 9,362,503 10,558,815
Loss from operations (9,362,503) (10,558,815)
Other income (expense):    
Interest income 182,229 45,897
Interest expense (785,930) (29,828)
Foreign currency exchange, net (13,193) (25,172)
Total other income (expense), net (616,894) (9,103)
Loss before income taxes (9,979,397) (10,567,918)
Income tax benefit 136,910
Net loss $ (9,842,487) $ (10,567,918)
Basic net loss per share $ (4.56) $ (47.88)
Diluted net loss per share $ (4.56) $ (47.88)
Weight average shares outstanding, basic 2,157,076 220,731
Weight average shares outstanding, diluted 2,157,076 220,731