| Schedule of Consolidated Net Loss |
A reconciliation to the
consolidated net loss for the periods ended June 30, 2025 and 2024 is included at the bottom of the table below.
| | |
For the Three Months Ended
June 30, | | |
For the Six Months Ended
June 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Significant segment expenses | |
| | |
| | |
| | |
| |
| General and administrative(1) | |
$ | 339,377 | | |
$ | 2,341 | | |
$ | 694,159 | | |
$ | 48,790 | |
| Research and development | |
| 238,700 | | |
| - | | |
| 238,700 | | |
| - | |
| Professional fees - Licenses and Patents | |
| - | | |
| 1,502 | | |
| - | | |
| 288,416 | |
| Professional fees - Other | |
| 924,580 | | |
| 354,250 | | |
| 1,661,266 | | |
| 442,932 | |
| Share-based compensation expense | |
| 390,195 | | |
| 37,514 | | |
| 885,695 | | |
| 37,514 | |
| Interest expense (income) | |
| 1,760,025 | | |
| 15,064 | | |
| 2,313,962 | | |
| 15,064 | |
| Other segment items | |
| 318,878 | | |
| 1,271 | | |
| 425,470 | | |
| 251,270 | |
| Total operating and segment expenses | |
$ | 3,971,755 | | |
$ | 411,942 | | |
$ | 6,219,252 | | |
$ | 1,083,986 | |
| | |
| | | |
| | | |
| | | |
| | |
| Reconciliation of net loss | |
| | | |
| | | |
| | | |
| | |
| Change in fair value of warrant liabilities | |
| 121,476 | | |
| 39,697 | | |
| 107,961 | | |
| 39,697 | |
| Consolidated net loss | |
$ | 4,093,231 | | |
$ | 451,639 | | |
$ | 6,327,213 | | |
$ | 1,123,683 | |
| 1) | Excluding share-based compensation expense |
|