Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows

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Condensed Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (2,341,168) $ (2,957,768)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 287,917 323,361
Changes in operating assets and liabilities:    
Decrease in prepaid expenses and other current assets 232,790 716,773
Increase (decrease) in accounts payable 35,622 (358,859)
Increase (decrease) in accrued expenses 35,679 (164,371)
Net cash used in operating activities (1,749,160) (2,440,864)
Cash flows from financing activities    
Proceeds from public offering of common stock, net of offering costs 1,452,397  
Net cash provided by financing activities 1,452,397  
Net decrease in cash (296,763) (2,440,864)
Cash, beginning of period 3,316,946 7,030,992
Cash, end of period 3,020,183 4,590,128
Non-cash financing transactions:    
Public offering costs included in accounts payable and accrued expenses $ 70,227  
Reduction in equity for shares surrendered in cashless warrant exercises   $ 292,255