Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Consolidated Statements of Financial Position

v3.26.1
Consolidated Statements of Financial Position - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current    
Cash $ 864,514 $ 2,473,649
Accounts receivable 80,172 17,637
Prepaid expenses 22,609 185,412
Deferred acquisition costs 293,803  
Total Current Assets 1,261,098 2,676,698
Non-current    
Contract payments 1,200,000 1,200,000
Intangible assets 185,367 183,108
Property and equipment 37,065 34,721
Total Assets 2,683,530 4,094,527
Current    
Accounts payable and accrued liabilities 553,784 147,205
Derivative warrant liability 8,000 572,000
Lease obligation 37,287 38,785
Total Liabilities 599,071 757,990
Shareholders' Equity    
Share capital 20,183,547 18,493,571
Reserves 5,778,074 6,039,078
Obligation to issue shares   24,746
Accumulated other comprehensive loss (52,605) (52,605)
Accumulated deficit (23,824,557) (21,168,253)
Total Shareholders' Equity 2,084,459 3,336,537
Total Liabilities and Shareholders' Equity $ 2,683,530 $ 4,094,527