v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (7,279,395) $ (7,727,089)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 8,370 9,432
Amortization expense 315,082 315,082
Stock-based compensation 156,203 507,429
Change in fair value of warrant liabilities (68,431) 8,906
Realized foreign currency translation loss from dissolution of subsidiaries 7,171
Loss on asset write-off 409
Changes in operating assets and liabilities:    
Prepaid expenses (550,785) (354,347)
Other current assets 25,103 40,553
Accounts payable and accrued liabilities 461,630 (1,157,508)
Lease liabilities (2,409)
Net cash used in operating activities (6,924,643) (8,359,951)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on financed director and officer insurance (292,824)
Proceeds from exercises of pre-funded warrants 871
Proceeds from sale of common stock under ATM agreement, net 2,010,782
Proceeds from sale of common stock from public offerings, net 4,214,506
Proceeds from exercises of warrants 1,280,000
Net cash provided by financing activities 7,213,335
Effect of foreign currency translation on cash 5,631 (3,532)
NET CHANGE IN CASH 294,323 (8,363,483)
Cash - Beginning of period 6,922,729 16,331,052
Cash - End of period 7,217,052 7,967,569
Supplemental disclosure of cash flow information:    
Cash paid for interest 13,212
Cash paid for taxes

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