Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations

v3.25.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development $ 8,749,784 $ 1,625,821 $ 14,214,034 $ 3,749,599
General and administrative 1,434,877 1,087,885 3,430,723 2,640,758
Total operating expenses 10,184,661 2,713,706 17,644,757 6,390,357
Loss from operations (10,184,661) (2,713,706) (17,644,757) (6,390,357)
Other income (expense):        
Change in fair value of financial instruments   59,087   44,954
Interest expense       (76,774)
Other income 67,632 30,962 179,825 163,432
Total other income (expense), net 67,632 90,049 179,825 131,612
Net loss $ (10,117,029) $ (2,623,657) $ (17,464,932) $ (6,258,745)
Net loss per share, basic (in dollars per share) $ (0.29) $ (0.13) $ (0.5) $ (0.32)
Net loss per share, diluted (in dollars per share) $ (0.29) $ (0.13) $ (0.5) $ (0.32)
Weighted-average of outstanding Common Shares, basic (in shares) 34,851,203 19,770,739 34,851,203 19,544,908
Weighted-average of outstanding Common Shares, diluted (in shares) 34,851,203 19,770,739 34,851,203 19,544,908