v3.25.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 2,697,416 $ 12,657,178
Deposits, planned business acquisition (note 1)   5,994,503
Other current assets 806,429 958,708
Total Current Assets 3,503,845 19,610,389
Property and equipment, net 295,332 123,366
Operating right-of-use assets 82,707 199,160
Other noncurrent assets   33,769
Goodwill 13,554,164  
In-process research and development 8,261,000  
Total Assets 25,697,048 19,966,684
Current Liabilities:    
Accounts payable and accrued expenses 5,480,577 5,170,166
Note Payable to former Kineta employees 493,386  
Holdback liability, payable in shares 2,775,795  
Lease liabilities, current 84,346 159,844
Total Current Liabilities 8,834,104 5,330,010
Long-term Liabilities:    
Lease liability, long term   42,698
Other long-term liabilities 84,985  
Total Liabilities 8,919,089 5,372,708
Stockholders' Equity:    
Common stock, $0.001 par value, 200,000,000 and 75,000,000 shares authorized; 51,254,789 and 42,323,759 shares issued and outstanding as of September 30, 2025 and December 31, 2024. 51,255 42,324
Additional paid-in capital 150,869,671 125,397,691
Accumulated deficit (134,421,497) (111,124,569)
Total Stockholders' Equity 16,777,959 14,593,976
Total Liabilities and Stockholders' Equity 25,697,048 19,966,684
Preferred Stock Series A [Member]    
Stockholders' Equity:    
Preferred Stock $ 278,530 $ 278,530

Source

10-Q XBRL Zip