v3.26.1
CORRECTION OF IMMATERIAL ERRORS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Correction Of Immaterial Errors [Abstract]    
Schedule of unaudited condensed consolidated interim statement of operations [Table Text Block]
Line item   As previously reported     Adjustment     As corrected  
Research and development expenses   -     255,479     255,479  
Total operating expenses   1,624,074     255,479     1,879,553  
Grant income   -     40,000     40,000  
Net loss   2,437,628     215,479     2,653,107  
Loss per share   0.12     0.01     0.13  

Unaudited condensed consolidated interim statement of operations for the three months ended March 31, 2025

Line item   As previously reported     Adjustment     As corrected  
Research and development expenses   -     255,479     255,479  
Total operating expenses   1,624,074     255,479     1,879,553  
Net loss   2,397,628     255,479     2,653,107  
Loss per share   0.12     0.01     0.13  

Unaudited condensed consolidated interim statement of operations for the three months ended June 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Business development expenses   206,000     376,125     582,125  
Research and development expenses   441,992     (255,479 )   186,513  
Total operating expenses   2,056,672     120,646     2,177,318  

 

Line item   As previously reported     Adjustment     As corrected  
Net loss   1,813,781     120,646     1,934,427  
Loss per share   0.09     -     0.09  

Unaudited condensed consolidated interim statement of operations for the six months ended June 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Business development expenses   386,000     376,125     762,125  
Total operating expenses   3,680,746     376,125     4,056,871  
Net loss   4,211,409     376,125     4,587,534  
Loss per share   0.21     0.02     0.23  

Unaudited condensed consolidated interim statement of operations for the three months ended September 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Business development expenses   194,736     472,500     667,236  
Consulting fees   423,490     (100,000 )   323,490  
Total operating expenses   1,980,953     372,500     2,353,453  
Net loss   2,049,910     372,500     2,422,410  
Loss per share   0.09     0.03     0.12  

Unaudited condensed consolidated interim statement of operations for the nine months ended September 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Business development expenses   580,736     848,625     1,429,361  
Consulting fees   1,189,450     (100,000 )   1,089,450  
Total operating expenses   5,661,699     748,625     6,410,324  
Net loss   6,261,319     748,625     7,009,944  
Loss per share   0.30     0.04     0.34  
Schedule of unaudited condensed consolidated balance sheet [Table Text Block]
Line item   As previously reported     Adjustment     As corrected  
Grant receivable   -     40,000     40,000  
Total current assets   5,679,923     40,000     5,719,923  
Total assets   12,601,612     40,000     12,641,612  
Accounts payable and accrued liabilities   465,889     255,479     721,368  
Total current liabilities   16,797,701     255,479     17,053,180  
Total liabilities   16,934,303     255,479     17,189,782  
Accumulated deficit   (19,324,443 )   (215,479 )   (19,539,922 )
Total stockholders' equity (deficit)   (4,332,691 )   (215,479 )   (4,548,170 )

Unaudited condensed consolidated balance sheet as of March 31, 2025

Line item   As previously reported     Adjustment     As corrected  
Accounts payable and accrued liabilities   465,889     255,479     721,368  
Total current liabilities   16,797,701     255,479     17,053,180  
Total liabilities   16,934,303     255,479     17,189,782  
Accumulated deficit   (19,284,443 )   (255,479 )   (19,539,922 )
Total stockholders' equity (deficit)   (4,292,691 )   (255,479 )   (4,548,170 )

Unaudited condensed consolidated balance sheet as of June 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Accounts payable and accrued liabilities   661,401     376,125     1,037,526  
Total current liabilities   16,879,073     376,125     17,255,198  
Total liabilities   16,988,849     376,125     17,364,974  
Accumulated deficit   (21,098,224 )   (376,125 )   (21,474,349 )
Total stockholders' equity (deficit)   (3,565,520 )   (376,125 )   (3,941,645 )

Unaudited condensed consolidated balance sheet as of September 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Prepaid expenses   294,287     100,000     394,287  
Total current assets   4,451,683     100,000     4,551,683  
Total assets   12,235,764     100,000     12,335,764  
Accounts payable and accrued liabilities   1,098,683     848,625     1,947,308  
Total current liabilities   17,642,168     848,625     18,490,793  
Total liabilities   17,731,059     848,625     18,579,684  

 

Line item   As previously reported     Adjustment     As corrected  
Accumulated deficit   (23,148,134 )   (748,625 )   (23,896,759 )
Total stockholders' equity (deficit)   (5,495,295 )   (748,625 )   (6,243,920 )
Schedule of unaudited condensed consolidated statement of cash flows [Table Text Block]
Line item   As previously reported     Adjustment     As corrected  
Net loss for the year   (2,437,628 )   (215,479 )   (2,653,107 )
Changes in non-cash working capital: Accounts payable and accrued liabilities   (265,867 )   255,479     (10,388 )
Grant receivable   -     (40,000 )   (40,000 )
Net cash used in operating activities   (1,669,732 )   -     (1,669,732 )

Unaudited condensed consolidated statement of cash flows as of March 31, 2025

Line item   As previously reported     Adjustment     As corrected  
Net loss for the year   (2,397,628 )   (255,479 )   (2,653,107 )
Changes in non-cash working capital: Accounts payable and accrued liabilities   (265,867 )   255,479     (10,388 )
Net cash used in operating activities   (1,669,732 )   -     (1,669,732 )

Unaudited condensed consolidated statement of cash flows as of June 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Net loss for the year   (4,211,409 )   (376,125 )   (4,587,534 )
Changes in non-cash working capital: Accounts payable and accrued liabilities   (70,355 )   376,125     305,770  
Net cash used in operating activities   (3,488,588 )   -     (3,488,588 )

Unaudited condensed consolidated statement of cash flows as of September 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Net loss for the year   (6,261,319 )   (748,625 )   (7,009,944 )
Changes in non-cash working capital: Prepaid expenses   (159,715 )   (100,000 )   (259,715 )
Accounts payable and accrued liabilities   366,927     848,625     1,215,552  
Net cash used in operating activities   (4,992,573 )   -     (4,992,573 )
Schedule of unaudited condensed consolidated interim statements of changes in stockholders' equity (deficit) [Table Text Block]
Line item   As previously reported     Adjustment     As corrected  
Accumulated deficit   (19,324,443 )   (215,479 )   (19,539,922 )
Total stockholders' equity (deficit)   (4,332,691 )   (215,479 )   (4,548,170 )

Unaudited condensed consolidated interim statements of changes in stockholders' equity (deficit) as of March 31, 2025

Line item   As previously reported     Adjustment     As corrected  
Accumulated deficit   (19,284,443 )   (255,479 )   (19,539,922 )
Total stockholders' equity (deficit)   (4,292,691 )   (255,479 )   (4,548,170 )

Unaudited condensed consolidated interim statements of changes in stockholders' equity (deficit) as of June 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Accumulated deficit   (21,098,224 )   (376,125 )   (21,474,349 )
Total stockholders' equity (deficit)   (3,565,520 )   (376,125 )   (3,941,645 )

Unaudited condensed consolidated interim statements of changes in stockholders' equity (deficit) as of September 30, 2025

Line item   As previously reported     Adjustment     As corrected  
Accumulated deficit   (23,148,134 )   (748,625 )   (23,896,759 )
Total stockholders' equity (deficit)   (5,495,295 )   (748,625 )   (6,243,920 )