Quarterly report [Sections 13 or 15(d)]

Summary of Significant Accounting Policies (Tables)

v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of net loss by segment
           
    Three Months Ended June 30,  
    2026     2025  
Revenue   $ 660,601     $ 589,897  
Program expenses(1)     544,641       645,021  
Non-program expenses(2)     856,035       486,895  
Salaries and wages     179,651       166,710  
Other segment items(3)     9,969       (20,026 )
Net loss   $ (929,695 )   $ (688,703 )

             
    Six Months Ended June 30,  
    2026     2025  
Revenue   $ 1,467,524     $ 1,183,158  
Program expenses(1)     1,202,870       1,520,819  
Non-program expenses(2)     1,367,090       909,410  
Salaries and wages     308,095       384,816  
Other segment items(3)     (24,454 )     (40,043 )
Net loss   $ (1,386,077 )   $ (1,591,844 )

 

(1) Includes external research and development.
(2) Includes information technology, legal, intellectual property and other general and administrative expenses.
(3) Includes stock-based compensation expense, interest income and other (expense) income.