v3.23.3
Condensed Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,693,825 $ 1,311,877
Marketable debt securities 8,955,316
Prepaid expenses 971,239 62,924
Other current assets 14,366 75,535
Total current assets 16,634,746 1,450,336
Right-of-use asset, net 152,605 139,089
Other assets 28,438 167,738
Total assets 16,815,789 1,757,163
Current liabilities:    
Accounts payable 358,404 603,176
Accrued expenses 355,006 1,723,400
Current lease liability 10,556 143,221
Convertible note and accrued interest 4,348,548
Total current liabilities 723,966 6,818,345
Long-term lease liability 144,891  
Total liabilities 904,857 6,854,345
Series A redeemable convertible preferred stock, par value $.0001. Authorized, issued, and outstanding shares of none and 5,000,000 as of September 30, 2023 and December 31, 2022, respectively. 10,000,000
STOCKHOLDERS’ EQUITY (DEFICIENCY)    
Preferred stock
Common stock, par value $.0001. Authorized shares of 135,000,000 and 50,000,000 as of September 30, 2023 and December 31, 2022, respectively. Issued and outstanding shares of 13,709,377 and 3,410,103 as of September 30, 2023 and December 31, 2022, respectively. 1,371 341
Additional paid-in capital 63,252,862 23,555,160
Accumulated deficit (47,343,301) (38,653,008)
Total stockholders’ equity (deficiency) 15,910,932 (15,097,182)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficiency) 16,815,789 1,757,163
Series B Convertible Preferred Stock    
STOCKHOLDERS’ EQUITY (DEFICIENCY)    
Preferred stock 145
Series C Convertible Preferred Stock    
STOCKHOLDERS’ EQUITY (DEFICIENCY)    
Preferred stock 180
Related Party    
Current liabilities:    
Related party deposit $ 36,000 $ 36,000

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