v3.26.1
Investment in Associate
12 Months Ended
Dec. 31, 2025
Investment in Associate [Abstract]  
Investment in associate
10.Investment in associate

 

On January 10, 2025, the Company closed an investment to acquire 10% of Neuronomics AG for $288,727 (CHF 262,684). On March 7, 2025, the Company announced that it increased its stake in Neuronomics AG, a Swiss asset management firm specializing in artificial intelligence and model driven quantitative trading strategies from 10% to 52.5% and Neuronomics was fully consolidated with the Company’s consolidated financial statements (Note 8). On October 1, 2025, the Company’s ownership was reduced to 44.68% and as a result, Neuronomics was deconsolidated and accounted for as an investment in associate.

 

The Company’s ownership of Neuronomics during the year ended December 31, 2025 was 44.68%.

 

A continuity of the investment in Neuronomics as an associate is as follows:

 

Balance as at December 31, 2024  $
-
 
Investment in associate   2,499,440 
Share of loss for the year   (75,506)
Balance as at December 31, 2025  $2,423,934 

 

Summarized financial information for Neuronomics as at December 31, 2025 and for the year ended December 31, 2025 is as follows:

 

   December 31,
2025
 
Current and total assets  $514,391 
Current and total liabilities   (111,333)
Total shareholders’ equity   (403,058)

 

   Year ended December 31,
2025
 
Revenue  $514,020 
Operating expenses   (843,777)
Net loss   (329,757)