General form of registration statement for all companies including face-amount certificate companies

STATEMENTS OF CASH FLOWS

v3.24.4
STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash Flow from Operating Activities:        
Net Loss $ (11,321,312) $ (9,463,178) $ (14,577,768) $ (12,092,776)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:        
Share-Based Compensation 2,256,712 2,373,242 3,206,527 2,871,681
Share-Based Payments to Vendors 640,500 165,903 559,583 430,680
Changes in Assets and Liabilities:        
Other Receivable 31,786   (129,159)  
Prepaid Expenses (17,046) 159,233 159,179 30,349
Accounts Payable and Accrued Expenses 276,327 1,161,693 980,753 1,217,776
Net Cash Used in Operating Activities (8,133,033) (5,603,107) (9,800,885) (7,542,290)
Cash Flow from Financing Activities        
Pre-funded Warrant Exercise   73 73 13
Warrant Exercise 210,199   2,218,999  
Net Cash Provided by Financing Activities 6,421,409 3,543,685 8,163,322 3,695,195
Net Decrease in Cash (1,711,624) (2,059,422) (1,637,563) (3,847,095)
Cash at Beginning of Period 7,474,188 9,111,751 9,111,751 12,958,846
Cash at End of Period 5,762,564 7,052,329 7,474,188 9,111,751
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   2,400,638  
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES        
Offering costs     222,161  
Registered Direct Offering        
Cash Flow from Financing Activities        
Proceeds from stock offering, net of issuance costs   $ 3,543,612 3,543,612 3,695,182
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES        
Offering costs     $ 456,314 $ 529,805