| Schedule of effects of the change in presentation currency |
| | | | | | | | | | | December 31, 2024 | | December 31, 2024 | | January 1, 2024 | | January 1, 2024 | | | USD$ | | CAD$ | | USD$ | | CAD$ | ASSETS | | | | | | | | | Current | | | | | | | | | Cash and cash equivalents | | 40,073 | | 57,659 | | 16,681 | | 22,067 | Short-term investments | | 8,475 | | 12,195 | | 13,246 | | 17,520 | Sales tax, interest and other receivables | | 435 | | 626 | | 441 | | 583 | Prepaid expenses and deposits | | 1,760 | | 2,532 | | 112 | | 148 | Derivative financial instruments, net | | — | | — | | 3 | | 4 | Total current assets | | 50,743 | | 73,012 | | 30,483 | | 40,322 | Property and equipment | | 4 | | 5 | | 15 | | 19 | Assets held for sale | | | | | | | | | Intangible asset | | — | | — | | 2,961 | | 3,916 | Investments | | — | | — | | 31 | | 41 | | | 4 | | 5 | | 3,007 | | 3,976 | TOTAL ASSETS | | 50,747 | | 73,017 | | 33,490 | | 44,298 | | | | | | | | | | LIABILITIES | | | | | | | | | Accounts payable and accrued liabilities | | 3,583 | | 5,155 | | 2,734 | | 3,624 | Total current liabilities | | 3,583 | | 5,155 | | 2,734 | | 3,624 | Total liabilities TOTAL LIABILITIES | | 3,583 | | 5,155 | | 2,734 | | 3,624 | | | | | | | | | | SHAREHOLDERS’ EQUITY | | | | | | | | | Common Shares | | 78,131 | | 105,729 | | 47,335 | | 61,916 | Pre-Funded Warrants | | 19,967 | | 27,622 | | 13,050 | | 17,772 | Contributed surplus | | 7,900 | | 10,329 | | 6,472 | | 8,503 | Accumulated deficit | | (57,097) | | (75,601) | | (36,463) | | (47,502) | Accumulated other comprehensive income/(loss) | | (1,737) | | (217) | | 362 | | (15) | Total shareholders’ equity | | 47,164 | | 67,862 | | 30,756 | | 40,674 | TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY SHAREHOLDERS’ EQUITY | | 50,747 | | 73,017 | | 33,490 | | 44,298 |
| | | | | | | December 31, 2024 | | December 31, 2024 | | | USD$ | | CAD$ | Research and development expenses | | 14,359 | | 19,603 | General and administrative expenses | | 6,039 | | 8,205 | LOSS FROM OPERATING ACTIVITIES | | (20,398) | | (27,808) | OTHER INCOME AND EXPENSES | | | | | Finance income | | 1,003 | | 1,371 | Impairment of intangible asset | | (2,905) | | (3,961) | Loss on derivative financial instruments | | (3) | | (2) | Foreign exchange gain | | 1,669 | | 2,301 | NET LOSS FOR THE YEAR | | (20,634) | | (28,099) | OTHER COMPREHENSIVE LOSS | | | | | Foreign currency translation adjustments | | (2,099) | | (202) | TOTAL COMPREHENSIVE LOSS | | (22,733) | | (28,301) |
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