Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net loss $ (1,291,335) $ (1,516,864)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 138,969 161,697
Changes in operating assets and liabilities:    
Decrease in prepaid expenses and other current assets 3,417 150,689
Increase (decrease) in accounts payable 84,846 (438,070)
Increase (decrease) in accrued expenses 126,689 (55,902)
Net cash used in operating activities (937,414) (1,698,450)
Cash flows from financing activities    
Net decrease in cash (937,414) (1,698,450)
Cash, beginning of period 3,316,946 7,030,992
Cash, end of period $ 2,379,532 $ 5,332,542