Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.24.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Total revenue $ 198,871 $ 203,269
Total cost of revenue 160,613 203,269
Gross profit 38,258 0
Operating Expenses [Abstract]    
Research and development 5,743,211 3,366,776
General and administrative 3,533,383 3,123,852
Sales and marketing 1,113,752 852,331
Total operating expenses 10,390,346 7,342,959
Loss from operations (10,352,088) (7,342,959)
Interest income, net 398,068 153,609
Net loss $ (9,954,020) $ (7,189,350)
Net loss per share – basic and diluted (in dollars per share) $ (1.61) $ (1.17)
Weighted average number of shares outstanding – basic and diluted (in shares) 6,190,746 6,157,866
Development Revenue [Member]    
Total revenue $ 161,483 $ 0
Total cost of revenue 123,225 0
Grant [Member]    
Total revenue 37,388 203,269
Total cost of revenue $ 37,388 $ 203,269