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

Segment Reporting (Tables)

v3.26.1
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting  
Schedule of significant expense categories

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Years Ended December 31, 

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2025

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2024

Operating Expenses:

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PMN310 development program costs

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$

30,226,059

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$

8,275,268

Other non-employee research and development costs

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885,907

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772,501

Employee costs

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5,051,277

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3,336,580

Other general and administrative costs

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4,004,065

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4,443,129

Net Operating Loss:

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$

40,167,308

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$

16,827,478

Other segment items(a)

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(448,161)

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(19,606,351)

Net Loss (Income):

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$

39,719,147

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$

(2,778,873)

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Reconciliation of Profit or Loss

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Adjustments and reconciling items

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—

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—

Consolidated Net Loss (Income):

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$

39,719,147

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$

(2,778,873)

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(a)Other segment items included in segment loss include changes in warrant liability, interest income, and interest expense

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