v3.25.2
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Administrative expenses        
Management salaries and consulting fees $ 155,619 $ 156,155 $ 312,634 $ 321,768
Share-based compensation 40,171 210,885 180,368 565,363
Insurance 55,506 72,405 120,249 158,445
Professional fees 47,260 28,572 114,222 142,593
Listing and filing fees 3,133 3,255 67,861 63,146
Investor relations and marketing 24,245 196,320 44,424 273,469
General and administrative 9,583 11,089 21,750 20,279
Travel expenses 3,782 5,304 18,392 13,194
Shareholder information 10,230 33,030 13,813 40,442
Depreciation 694 612 1,389 858
Operating loss (350,223) (717,627) (895,102) (1,599,557)
Write-off of E&E assets 0 0 (770) (1,050)
Unrealized fair value gain on marketable securities 5,356 5,453 1,332 6,922
Foreign exchange gain (loss) 3,797 1,347 3,835 (1,134)
Interest and finance income 45,569 95,701 95,845 204,174
Loss before taxes (295,501) (615,126) (794,860) (1,390,645)
Current income tax expense 0 0 (150) (150)
Net loss and comprehensive loss for the period $ (295,501) $ (615,126) $ (795,010) $ (1,390,795)
Loss per share - basic and diluted        
Basic (in dollars per share) $ (0.02) $ (0.05) $ (0.06) $ (0.1)
Diluted (in dollars per share) $ (0.02) $ (0.05) $ (0.06) $ (0.1)
Weighted average number of shares        
Basic (in shares) 13,271,750 13,271,750 13,271,750 13,271,750
Diluted (in shares) 13,271,750 13,271,750 13,271,750 13,271,750