v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,987,608) $ (709,555)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash operating lease cost 122,553
Stock-based compensation expense 82,176 99,738
Fair value of shares issued for services 53,400
Changes in operating assets and liabilities:    
Prepaid insurance (29,349) 3,813
Other prepaid expenses (56,244) (26,793)
Accounts payable and accrued expenses (45,401) 56,770
Research and development contract liabilities 6,297 7,544
Operating lease liability 22,813
Net cash used in operating activities (1,831,363) (568,483)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capitalized costs for LiGHT equipment (24,859)
Net cash used in investing activities (24,859)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of securities in registered direct offerings, net of offering costs 914,228
Net cash provided by financing activities 914,228
NET CHANGE IN CASH    
Net increase (decrease) (1,856,222) 345,745
Cash - Beginning of period 5,106,872 1,038,952
Cash - End of period 3,250,650 1,384,697
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,135
Non-cash investing and financing activities:    
Settlement of accrued compensation to Board of Directors by issuance of stock options 27,500
Exercise of pre-funded warrants 28
Conversion of Series B Convertible Preferred Stock into common stock and related dividend $ 1,800,642

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