v3.23.3
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
REVENUES
OPERATING EXPENSES        
Payroll and related expenses 275,273 773,387 881,655 2,321,508
Professional fees 444,463 108,841 1,352,962 966,251
General and administrative 75,033 86,916 209,116 255,687
Research and development expenses 364,343 245,853 1,019,143 704,902
Total Operating Expenses 1,159,112 1,214,997 3,462,876 4,248,348
LOSS FROM OPERATIONS (1,159,112) (1,214,997) (3,462,876) (4,248,348)
OTHER INCOME (EXPENSE)        
Financing costs including interest (5,182) (18,744) (48,412) (57,084)
Inducement interest (397,928)
Total Other Expense, net (5,182) (18,744) (446,340) (57,084)
Loss from operations before income taxes (1,164,294) (1,233,741) (3,909,216) (4,305,432)
INCOME TAXES
NET LOSS (1,164,294) (1,233,741) (3,909,216) (4,305,432)
PREFERRED STOCK        
Series A preferred contractual dividends (7,200) (7,200) (21,600) (20,420)
Series B preferred contractual dividends (37,620) (38,034) (112,861) (113,276)
Deemed dividends from Series A and B conversion price reduction (40,461) (305,541)
Deemed dividend on warrant modification (282,309) (41,225)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (1,249,575) $ (1,278,975) $ (4,631,527) $ (4,480,353)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS: BASIC $ (0.36) $ (0.75) $ (1.60) $ (2.66)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS: DILUTED $ (0.36) $ (0.75) $ (1.60) $ (2.66)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: BASIC 3,452,023 1,699,444 2,896,643 1,685,074
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: DILUTED 3,452,023 1,699,444 2,896,643 1,685,074