v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 6,298,127 $ 3,619,949
Stock subscription receivable   500,000
Other current assets 684,156 501,187
Total Current Assets 6,982,283 4,621,136
Property and equipment, net 326,012 300,639
Operating right-of-use assets 349,633 384,530
Other noncurrent assets 33,769 33,769
Goodwill 10,738,082 10,738,082
In-process research and development 11,275,000 11,275,000
Total Assets 29,704,779 27,353,156
Current Liabilities:    
Accounts payable and accrued expenses 5,860,053 5,522,887
Kineta severance promissory notes   197,354
Lease liabilities, current 206,851 199,041
Total Current Liabilities 6,066,904 5,919,282
Long-term Liabilities:    
Lease liability, long term 250,075 303,627
Deferred tax liability 197,919 197,919
Total Liabilities 6,514,898 6,420,828
Stockholders' Equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized; 63,578,528 and 59,336,104 shares issued and outstanding as of March 31, 2026 and December 31, 2025. 63,578 59,336
Additional paid-in capital 171,571,362 161,779,364
Accumulated deficit (148,723,589) (141,184,902)
Total Stockholders' Equity 23,189,881 20,932,328
Total Liabilities and Stockholders' Equity 29,704,779 27,353,156
Preferred Stock Series A [Member]    
Stockholders' Equity:    
Preferred Stock $ 278,530 $ 278,530

Source

10-Q XBRL Zip