v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 303,300 $ 89,100 $ 328,300 $ 124,100
Cost of goods sold 8,729 6,490 11,638 6,490
Gross profit 294,571 82,610 316,662 117,610
Operating Expenses:        
Research and development 2,225,882 1,454,000 4,872,782 3,531,278
General and administrative 1,373,976 1,097,417 3,556,701 3,164,391
Total Operating Expenses 3,599,858 2,551,417 8,429,483 6,695,669
Loss From Operations (3,305,287) (2,468,807) (8,112,821) (6,578,059)
Other (Expense) Income:        
Interest income 73,915 175,945 173,881 338,542
Other income 518 911 2,406 149,932
Gain on exchange of warrants 1,711,698
Change in fair value of warrant liabilities 574,591 (1,736,611) (59,528) (1,873,930)
Total Other (Expense) Income 649,024 (1,559,755) 116,759 326,242
Net Loss $ (2,656,263) $ (4,028,562) $ (7,996,062) $ (6,251,817)
Net Loss Per Share - Basic $ (0.30) $ (0.50) $ (0.94) $ (0.84)
Net Loss Per Share - Diluted $ (0.30) $ (0.50) $ (0.94) $ (0.84)
Weighted Average Common Shares Outstanding - Basic 8,740,382 8,121,499 8,550,889 7,400,446
Weighted Average Common Shares Outstanding - Diluted 8,740,382 8,121,499 8,550,889 7,400,446

Source