v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Expenses:    
Loss on legal settlement $ 142,600
General and administrative 1,942,163 2,604,751
Total Operating Expenses 3,840,244 4,325,346
Loss From Operations (3,840,244) (4,325,346)
Other (Expense) Income:    
Gain on extinguishment of note payable 17,893 41,920
Total Other Expense (672,398) (995,866)
Net Loss (4,512,642) (5,321,212)
Dividend attributable to Series A, B, and C preferred stockholders (1,375,188) (1,228,685)
Net Loss Applicable to Common Stockholders $ (5,887,830) $ (6,549,897)
Net Loss Per Common Share - Basic $ (0.14) $ (0.17)
Net Loss Per Common Share - Diluted $ (0.14) $ (0.17)
Weighted Average Common Shares Outstanding - Basic 41,870,597 37,786,410
Weighted Average Common Shares Outstanding - Diluted 41,870,597 37,786,410
Nonrelated Party [Member]    
Operating Expenses:    
Research and development $ 1,840,081 $ 1,519,995
Other (Expense) Income:    
Interest expense (126,476) (135,246)
Interest expense - amortization of debt discount (156,221) (126,364)
Change in fair value of derivative liabilities 353,174 10,900
Related Party [Member]    
Operating Expenses:    
Research and development 58,000 58,000
Other (Expense) Income:    
Interest expense (651,910) (532,871)
Interest expense - amortization of debt discount (153,693) (254,205)
Change in fair value of derivative liabilities $ 44,835