v3.24.0.1
STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities    
Net loss $ (5,296,015) $ (12,247,834)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 619,972 582,659
Changes in operating assets and liabilities:    
Decrease in prepaid expenses and other current assets 490,268 429,739
(Decrease) increase in accounts payable (461,251) 219,301
Decrease in accrued expenses (223,463) (451,662)
Net cash used in operating activities (4,870,489) (11,467,797)
Cash flows from financing activities    
Proceeds from public offering of common stock, net of offering costs   4,490,605
Proceeds from issuance of shares on ATM, net of fees 1,156,443  
Net cash provided by financing activities 1,156,443 4,490,605
Net decrease in cash (3,714,046) (6,977,192)
Cash, beginning of period 7,030,992 14,008,184
Cash, end of period 3,316,946 $ 7,030,992
Non-cash financing transactions:    
Reduction in equity for shares surrendered in cashless warrant exercises $ 299,129  

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