v3.26.1
Condensed Consolidated Statements of Operations (Unaudited)
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Income Statement [Abstract]        
Revenue $ 38,462 $ 38,462
Operating Expenses:        
Research and development 2,614,022 1,206,612 4,742,435 4,527,603
Selling and marketing 375,989 248,716 834,952 576,665
General and administrative 3,849,526 1,146,373 7,451,257 2,047,525
Depreciation and amortization 335,966 180,787 646,233 349,836
Total operating expenses 7,175,504 2,782,488 13,674,878 7,501,629
Loss from operations (7,175,504) (2,744,027) (13,674,878) (7,463,167)
Other income and (expense):        
Interest expense (2,694) (2,320) (5,686) (4,830)
Other income 487,055 16,943 530,443 49,730
Change in fair value of derivative liabilities (108,294,223) (105,317,692)
Foreign exchange (loss) (241,982) (172,909) (318,912) (306,927)
Income tax expense
Net loss $ (115,227,348) $ (2,902,313) $ (118,786,726) $ (7,725,194)
Basic weighted average ordinary shares outstanding, as recast | shares 52,367,347 39,015,950 46,630,787 39,015,950
Diluted weighted average ordinary shares outstanding, as recast | shares 52,367,347 39,015,950 46,630,787 39,015,950
Net (loss) income per ordinary share, basic, as recast | (per share) $ (2.2) $ (0.07) $ (2.55) $ (0.2)
Net (loss) income per ordinary share, diluted, as recast | (per share) $ (2.2) $ (0.07) $ (2.55) $ (0.2)