v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 7,887,510 $ 4,982,333
Prepaid expenses 94,464 336,687
Other current assets 171,379 119,301
Total current assets 8,153,353 5,438,321
Non-current assets    
Property and equipment, net 42,416 46,393
Intangible asset - shell company 314,191 314,191
Goods and service tax and other credits receivable 591,576 601,537
Prepaid insurance- long term portion 60,030 67,307
Right-of-use of asset, net 14,796 29,428
Total non-current assets 1,023,009 1,058,856
Total assets 9,176,362 6,497,177
Current liabilities    
Accounts payable and accrued expenses 1,064,034 1,286,683
Due to Affiliates 179,338 204,562
Operating lease liability - current portion 17,310 31,258
Salary and post-employment benefits payable 496,314 870,822
Other current liabilities 107,660 341,835
Total current liabilities 1,864,656 2,735,160
Total liabilities 1,864,656 2,735,160
Commitments and contingencies
Stockholders’ equity    
Common stock, 300,000,000 VHI shares authorized, 7,018,528 and 5,919,337 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 7,019 5,919
Additional paid in capital 95,373,387 90,078,579
Non-controlling interest in VTI; 20,000,000 common shares authorized, 1,481,598 shares issued and outstanding at both June 30, 2026 and December 31, 2025 1,263,220 1,319,958
Accumulated deficit (89,212,041) (87,563,575)
Accumulated other comprehensive loss (119,879) (78,864)
Total stockholders’ equity 7,311,706 3,762,017
Total liabilities and stockholders’ equity $ 9,176,362 $ 6,497,177