v3.22.2.2
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (2,611,835) $ (1,553,395)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation 211,900 34,173
Changes in operating assets and liabilities:    
Prepaid expenses 429,292 375,247
Accounts payable (106,282) 383,771
Accrued expenses 43,003 (17,698)
Net cash used in operating activities (2,033,922) (777,902)
Cash flows from financing activities:    
Proceeds from issuance of common stock 6,646,748
Proceeds from issuance of common stock upon exercise of options 52,400
Net cash provided by financing activities 6,699,148
Net increase (decrease) in cash 4,665,226 (777,902)
Cash, beginning of period 14,548,471 19,985,645
Cash, end of the period 19,213,697 19,207,743
Supplemental Disclosure of Noncash Investing and Financing Activities:    
Offering costs included in accounts payable $ 248,927

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