Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.23.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Statements of Operations    
Grant revenue $ 203,269 $ 576,399
Cost of grant revenue 203,269 576,399
Gross profit 0 0
Operating expenses:    
Research and development 3,366,776 1,927,743
General and administrative 3,123,852 2,408,425
Sales and marketing 852,331 512,807
Total operating expenses 7,342,959 4,848,975
Loss from operations (7,342,959) (4,848,975)
Other income:    
Interest income (expense), net 153,609 (12,701)
Gain on forgiveness of long-term debt 0 91,407
Total other income 153,609 78,706
Net loss $ (7,189,350) $ (4,770,269)
Net loss per share - basic $ (1.17) $ (0.80)
Net loss per share - diluted $ (1.17) $ (0.80)
Weighted average number of shares outstanding - basic 6,157,866 5,937,520
Weighted average number of shares outstanding - diluted 6,157,866 5,937,520