v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2023   12,349,243    
Beginning balance at Dec. 31, 2023 $ (2,131,818) $ 12,349 $ 102,238,382 $ (104,382,549)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense 2,478,179   2,478,179  
Issuance of common stock and warrants, net of issuance costs (in shares)   15,713,664    
Issuance of common stock and warrants, net of issuance costs of $6,434,447 83,556,563 $ 15,714 83,540,849  
Net Loss (5,019,531)     (5,019,531)
Ending balance (in shares) at Mar. 31, 2024   28,062,907    
Ending balance at Mar. 31, 2024 78,883,393 $ 28,063 188,257,410 (109,402,080)
Beginning balance (in shares) at Dec. 31, 2023   12,349,243    
Beginning balance at Dec. 31, 2023 (2,131,818) $ 12,349 102,238,382 (104,382,549)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net Loss (16,820,644)      
Ending balance (in shares) at Sep. 30, 2024   30,338,290    
Ending balance at Sep. 30, 2024 75,803,375 $ 30,338 196,976,230 (121,203,193)
Beginning balance (in shares) at Mar. 31, 2024   28,062,907    
Beginning balance at Mar. 31, 2024 78,883,393 $ 28,063 188,257,410 (109,402,080)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense (in shares)   5,000    
Stock-based compensation expense 1,828,474 $ 5 1,828,469  
Net Loss (7,902,816)     (7,902,816)
Ending balance (in shares) at Jun. 30, 2024   28,067,907    
Ending balance at Jun. 30, 2024 72,809,051 $ 28,068 190,085,879 (117,304,896)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense 1,921,617   1,921,617  
Conversion of convertible note - related party (in shares)   968,973    
Conversion of convertible note - related party 4,971,004 $ 969 4,970,035  
Exercise of pre-funded warrants (in shares)   1,301,410    
Exercise of pre-funded warrants 0 $ 1,301 (1,301)  
Net Loss (3,898,297)     (3,898,297)
Ending balance (in shares) at Sep. 30, 2024   30,338,290    
Ending balance at Sep. 30, 2024 75,803,375 $ 30,338 196,976,230 (121,203,193)
Beginning balance (in shares) at Dec. 31, 2024   30,974,559    
Beginning balance at Dec. 31, 2024 68,151,724 $ 30,975 199,070,421 (130,949,672)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense 2,201,909   2,201,909  
Net Loss (11,103,319)     (11,103,319)
Ending balance (in shares) at Mar. 31, 2025   30,974,559    
Ending balance at Mar. 31, 2025 59,250,314 $ 30,975 201,272,330 (142,052,991)
Beginning balance (in shares) at Dec. 31, 2024   30,974,559    
Beginning balance at Dec. 31, 2024 $ 68,151,724 $ 30,975 199,070,421 (130,949,672)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Purchases under employee stock purchase plan (in shares) 9,799      
Net Loss $ (41,482,851)      
Ending balance (in shares) at Sep. 30, 2025   30,989,046    
Ending balance at Sep. 30, 2025 32,836,185 $ 30,989 205,237,719 (172,432,523)
Beginning balance (in shares) at Mar. 31, 2025   30,974,559    
Beginning balance at Mar. 31, 2025 59,250,314 $ 30,975 201,272,330 (142,052,991)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense (in shares)   3,750    
Stock-based compensation expense 2,033,109 $ 4 2,033,105  
Purchases under employee stock purchase plan (in shares)   9,799    
Purchases under employee stock purchase plan 18,158 $ 9 18,149  
Net Loss (17,624,872)     (17,624,872)
Ending balance (in shares) at Jun. 30, 2025   30,988,108    
Ending balance at Jun. 30, 2025 43,676,709 $ 30,988 203,323,584 (159,677,863)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense (in shares)   938    
Stock-based compensation expense 1,914,136 $ 1 1,914,135  
Net Loss (12,754,660)     (12,754,660)
Ending balance (in shares) at Sep. 30, 2025   30,989,046    
Ending balance at Sep. 30, 2025 $ 32,836,185 $ 30,989 $ 205,237,719 $ (172,432,523)