v3.25.3
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Ordinary Shares
Additional Paid in Capital
Accumulated Deficit
ADSs
Total
Balance at beginning of year at Dec. 31, 2023   $ 51,867,336 $ (46,203,320)   $ 5,664,016
Balance at beginning of year (in shares) at Dec. 31, 2023 987,220     28,206  
Net loss     (2,327,280)   (2,327,280)
Issuance of ADS's, pre-funded warrants and warrants, net   5,482,472     5,482,472
Issuance of ADS's, pre-funded warrants and warrants, net (in shares) 2,808,750     80,250  
Stock based compensation   306,314     306,314
Balance at end of year at Mar. 31, 2024   57,656,122 (48,530,600)   9,125,522
Balance at ending of year (in shares) at Mar. 31, 2024 3,795,970     108,456  
Balance at beginning of year at Dec. 31, 2023   51,867,336 (46,203,320)   5,664,016
Balance at beginning of year (in shares) at Dec. 31, 2023 987,220     28,206  
Net loss         (6,651,198)
Balance at end of year at Sep. 30, 2024   58,296,199 (52,854,518)   5,441,681
Balance at ending of year (in shares) at Sep. 30, 2024 5,049,720     144,277  
Balance at beginning of year at Mar. 31, 2024   57,656,122 (48,530,600)   9,125,522
Balance at beginning of year (in shares) at Mar. 31, 2024 3,795,970     108,456  
Net loss     (1,974,033)   (1,974,033)
Exercise of pre-funded warrants and warrants, net   18     18
Exercise of pre-funded warrants and warrants, net (in shares) 184,000     5,257  
Reversal of accrued offering expenses   13,707     13,707
Stock based compensation   313,122     313,122
Balance at end of year at Jun. 30, 2024   57,982,969 (50,504,633)   7,478,336
Balance at ending of year (in shares) at Jun. 30, 2024 3,979,970     113,713  
Net loss     (2,349,885)   (2,349,885)
Exercise of pre-funded warrants and warrants, net   108     108
Exercise of pre-funded warrants and warrants, net (in shares) 1,069,750     30,564  
Stock based compensation   313,122     313,122
Balance at end of year at Sep. 30, 2024   58,296,199 (52,854,518)   5,441,681
Balance at ending of year (in shares) at Sep. 30, 2024 5,049,720     144,277  
Balance at beginning of year at Dec. 31, 2024   64,370,465 (55,165,792)   $ 9,204,673
Balance at beginning of year (in shares) at Dec. 31, 2024 8,948,164     255,661 8,948,164
Net loss     (3,812,179)   $ (3,812,179)
Exercise of pre-funded warrants and warrants, net   172,958     172,958
Exercise of pre-funded warrants and warrants, net (in shares) 11,637,666     332,505  
Stock based compensation   360,357     360,357
Balance at end of year at Mar. 31, 2025   64,903,780 (58,977,971)   5,925,809
Balance at ending of year (in shares) at Mar. 31, 2025 20,585,830     588,166  
Balance at beginning of year at Dec. 31, 2024   64,370,465 (55,165,792)   $ 9,204,673
Balance at beginning of year (in shares) at Dec. 31, 2024 8,948,164     255,661 8,948,164
Net loss         $ (11,456,282)
Balance at end of year at Sep. 30, 2025   65,407,454 (66,622,074)   $ (1,214,620)
Balance at ending of year (in shares) at Sep. 30, 2025 20,585,830     588,166 20,585,830
Balance at beginning of year at Mar. 31, 2025   64,903,780 (58,977,971)   $ 5,925,809
Balance at beginning of year (in shares) at Mar. 31, 2025 20,585,830     588,166  
Net loss     (3,695,938)   (3,695,938)
Stock based compensation   321,486     321,486
Balance at end of year at Jun. 30, 2025   65,225,266 (62,673,909)   2,551,357
Balance at ending of year (in shares) at Jun. 30, 2025 20,585,830     588,166  
Net loss     (3,948,165)   (3,948,165)
Stock based compensation   182,188     182,188
Balance at end of year at Sep. 30, 2025   $ 65,407,454 $ (66,622,074)   $ (1,214,620)
Balance at ending of year (in shares) at Sep. 30, 2025 20,585,830     588,166 20,585,830