v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,124,523 $ 3,818,096
Investments 10,918,778 14,927,165
Prepaid expenses and other current assets 1,291,256 1,261,974
Total current assets 15,334,557 20,007,235
Intangible assets, net 358,334 383,334
Total assets 15,692,891 20,390,569
Current liabilities:    
Accounts payable 1,776,231 1,262,222
Accrued expenses 1,823,544 2,538,457
Accrued interest and financing expense 1,146,251 1,146,251
Due to officers - short term $ 600,000 $ 600,000
Other liability, current, related party, type extensible enumeration srt:OfficerMember srt:OfficerMember
Total current liabilities $ 5,346,026 $ 5,546,930
Due to officers - long term $ 1,573,733 $ 1,723,733
Other liability, noncurrent, related party, type extensible enumeration srt:OfficerMember srt:OfficerMember
Total liabilities $ 6,919,759 $ 7,270,663
Commitments and contingencies
Shareholders' equity:    
Ordinary shares, no par value per share, 5,000,000,000 authorized at March 31, 2026 and December 31, 2025, respectively - 68,642,195 (1,961,206 ADS's) ordinary shares issued and outstanding at March 31, 2026 and 52,441,360 (1,498,325 ADS's) ordinary shares issued and outstanding at December 31, 2025 0 0
Accumulated other comprehensive loss (159) (613)
Additional paid in capital 84,741,473 84,090,966
Accumulated deficit (75,968,182) (70,970,447)
Total shareholders' equity 8,773,132 13,119,906
Total liabilities and shareholders' equity $ 15,692,891 $ 20,390,569