Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flow from Operating Activities:    
Net Loss $ (8,499,715) $ (6,348,197)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Share-Based Compensation 1,911,521 1,539,957
Share-Based Payments to Vendors 519,100 165,903
Changes in Assets and Liabilities:    
Other Receivable 78,032  
Prepaid Expenses (62,631) 175,013
Accounts Payable and Accrued Expenses 110,479 957,723
Net Cash Used in Operating Activities (5,943,214) (3,509,601)
Cash Flow from Financing Activities    
Pre-funded Warrant Exercise   73
Warrant Exercise 210,199  
Net Cash Provided by Financing Activities 4,829,884 3,543,685
Net Increase/(Decrease) in Cash (1,113,330) 34,084
Cash at Beginning of Period 7,474,188 9,111,751
Cash at End of Period 6,360,858 9,145,835
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES    
Accrued offering costs   54,058
Offering costs   1,990,153
At the Market Offering    
Cash Flow from Financing Activities    
Proceeds from stock offering, net of issuance costs $ 4,619,685  
Registered Direct Offering    
Cash Flow from Financing Activities    
Proceeds from stock offering, net of issuance costs   $ 3,543,612