Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS

v3.24.3
STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flow from Operating Activities:    
Net Loss $ (11,321,312) $ (9,463,178)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Share-Based Compensation 2,256,712 2,373,242
Share-Based Payments to Vendors 640,500 165,903
Changes in Assets and Liabilities:    
Other Receivable 31,786  
Prepaid Expenses (17,046) 159,233
Accounts Payable and Accrued Expenses 276,327 1,161,693
Net Cash Used in Operating Activities (8,133,033) (5,603,107)
Cash Flow from Financing Activities    
Pre-funded Warrant Exercise   73
Warrant Exercise 210,199  
Net Cash Provided by Financing Activities 6,421,409 3,543,685
Net Decrease in Cash (1,711,624) (2,059,422)
Cash at Beginning of Period 7,474,188 9,111,751
Cash at End of Period 5,762,564 7,052,329
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES    
Offering costs   1,990,153
At the Market Offering    
Cash Flow from Financing Activities    
Proceeds from stock offering, net of issuance costs $ 6,211,210  
Registered Direct Offering    
Cash Flow from Financing Activities    
Proceeds from stock offering, net of issuance costs   $ 3,543,612