Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.24.2.u1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Total revenue $ 0   $ 0  
Revenue from Contract with Customer, Product and Service [Extensible List] us-gaap:GrantMember us-gaap:GrantMember us-gaap:GrantMember us-gaap:GrantMember
Costs and expenses:        
Research and development $ 3,075,830   $ 5,827,109  
Selling, general and administrative 1,974,705   4,005,786  
Total costs and expenses 5,050,535   9,832,895  
Loss from operations (5,050,535)   (9,832,895)  
Interest income 90,927   223,652  
Net loss (4,959,608) $ (5,777,966) (9,609,243) $ (10,255,744)
Other comprehensive income (loss), net of tax        
Unrealized gains (loss) on marketable securities 776   (1,901)  
Comprehensive loss $ (4,958,832)   $ (9,611,144)  
Net loss per share - basic $ (0.66)   $ (1.38)  
Net loss per share - diluted $ (0.66)   $ (1.38)  
Weighted average number of common share basic 7,535,667   6,939,779  
Weighted average number of common share diluted 7,535,667   6,939,779  
As Adjusted        
Revenue:        
Total revenue   116,410   180,931
Costs and expenses:        
Research and development   4,535,698   7,389,817
Selling, general and administrative   1,783,113   3,708,464
Total costs and expenses   6,318,811   11,098,281
Loss from operations   (6,202,401)   (10,917,350)
Interest income   424,435   661,606
Net loss   (5,777,966)   (10,255,744)
Other comprehensive income (loss), net of tax        
Unrealized gains (loss) on marketable securities   (167,536)   (106,432)
Comprehensive loss   $ (5,945,502)   $ (10,362,176)
Net loss per share - basic   $ (0.94)   $ (1.74)
Net loss per share - diluted   $ (0.94)   $ (1.74)
Weighted average number of common share basic   6,162,280   5,883,895
Weighted average number of common share diluted   6,162,280   5,883,895