Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,229,040) $ (2,471,459)
Adjustments to reconcile net loss to cash flows used in operating activities:    
Depreciation and amortization 96,820 13,427
Amortization of discount on royalty obligation 233,888 237,108
Amortization of debt discount 52,522 421,925
Other income 0 (32,405)
Amortization of right-of-use asset 19,629 43,242
Loss on settlement of debt 187,514 0
Change in fair value of upfront purchase price liability 4,894 0
Change in fair value of royalty liability (31,324) 0
Stock based compensation 307,159 343,334
Imputed interest for related party advances 18,814 0
Changes in operating assets and liabilities:    
Accounts receivable (51,242) 740
Grant receivable (153,728) (33,470)
Prepaid expenses (47,081) (9,018)
Accounts payable and accrued expenses 950,355 1,043,732
Deposits 0 2,584
Upfront purchase price liability (155,673) 0
Lease liability (19,629) (47,236)
Deferred revenue 0 (4,045)
Net cash used in operating activities (816,122) (491,541)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment to Economic Injury Disaster loan (739) (712)
Payment of notes payable - related party (7,000) 0
Proceeds from notes payable 0 200,000
Proceeds from notes payable - related party 847,700 235,396
Net cash provided by financing activities 839,961 434,684
Net increase (decrease) in cash 23,839 (56,857)
Cash, beginning of period 88,033 65,222
Cash, end of period 111,872 8,365
Supplemental disclosures of cash flow information:    
Interest paid 1,439 9,279
Taxes paid 0 0
Noncash Investing and Financing Activities    
Warrants issued in connection with issuance of promissory notes 0 83,552
Derivative liability recognized in connection with issuance of promissory notes 0 26,730
Common stock issued in connection with conversion of promissory notes and accounts payable 965,000 $ 809,284
Common stock issued in connection with subscription agreement   9
Record right to use assets per ASC 842 0 $ (225,663)
Record lease liability per ASC 842 0 225,663
Common stock issued in connection with APA (Note 4) 153,500 0
Warrants issued in connection with APA (Note 4) 89,770 0
Common stock issued in connection with issuance of promissory notes $ 36,800 $ 40,217