Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 6,471,766 $ 7,883,632
Prepaid expenses and other 182,311 166,294
Total current assets 6,654,077 8,049,926
Other assets 313,921 313,921
Total assets 6,967,998 8,363,847
Current liabilities:    
Accounts payable 322,537 258,109
Accrued expenses and other current liabilities 572,440 709,916
Total current liabilities 894,977 968,025
Total liabilities 894,977 968,025
Commitments and contingencies  
Stockholders' equity:    
Common stock, $0.001 par value; 10,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 2,345,882 and 2,293,757 shares issued as of June 30, 2026 and December 31, 2025; 2,343,181 and 2,291,056 shares outstanding as of June 30, 2026 and December 31, 2025 2,346 2,294
Additional paid in capital 212,359,529 212,294,851
Accumulated deficit (201,261,408) (199,875,331)
Accumulated other comprehensive income 253,734 253,734
Treasury stock (5,281,180) (5,281,180)
Total stockholders' equity 6,073,021 7,395,822
Total liabilities and stockholders' equity 6,967,998 8,363,847
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value $ 0 $ 1,454