Statements of Operations (unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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Operating expenses: | ||||
Research and development | $ 2,009,102 | $ 838,931 | $ 3,609,843 | $ 2,031,564 |
General and administrative | 874,640 | 893,483 | 2,477,459 | 1,978,532 |
Total operating expenses | 2,883,742 | 1,732,414 | 6,087,302 | 4,010,096 |
Loss from operations | (2,883,742) | (1,732,414) | (6,087,302) | (4,010,096) |
Other income and expenses: | ||||
Interest income, net | 54,636 | 31,050 | 123,934 | 68,590 |
Net loss | $ (2,829,106) | $ (1,701,364) | $ (5,963,368) | $ (3,941,506) |
Net loss per share of Common Stock, basic and diluted | $ (4.18) | $ (9.43) | $ (10.64) | $ (31.96) |
Weighted-average basic and diluted Common Stock | 676,567 | 180,332 | 560,282 | 123,344 |
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income earned from interest bearing assets classified as other. No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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