v3.26.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 9,263,687 $ 9,410,230 $ 17,352,452 $ 18,311,571
Cost of Sales 6,837,005 5,987,364 12,744,780 12,158,279
Gross profit 2,426,682 3,422,866 4,607,672 6,153,292
General & Administrative Expenses:        
Accounting 164,801 75,611 340,610 369,370
Consulting 318,864 736,727 462,012 1,102,014
Director fees 100,000 100,000 200,000 200,000
Legal 331,003 64,995 420,079 92,194
Marketing 209,337 201,658 459,560 600,019
Office 762,187 806,605 1,633,795 1,732,483
R&D 13,222 196,232 44,946 411,509
Salaries 1,923,660 2,048,676 3,632,144 3,574,122
Taxes 138,492 112,675 268,148 222,851
Impairment of intangible assets 0 1,061,809 0 1,061,809
Depreciation and amortization 77,974 72,533 154,833 137,326
Total General & Administrative Expenses 4,039,540 5,477,521 7,616,127 9,503,697
(Loss) from operations (1,612,858) (2,054,655) (3,008,455) (3,350,405)
Other Income (Expense):        
Foreign exchange gain (loss) (6) 1,940 (24) 2,391
Interest income 48,816 72,715 97,242 148,082
Settlement proceeds 0 0 103,320 0
Total Other Income 48,810 74,655 200,538 150,473
Net (loss) before income taxes (1,564,048) (1,980,000) (2,807,917) (3,199,932)
Provision for income taxes 0 209,166 0 249,327
Net (Loss) (1,564,048) (1,770,834) (2,807,917) (2,950,605)
Other comprehensive income:        
Gain (Loss) from foreign exchange translation (315,629) 1,084,557 (593,626) 1,110,746
Comprehensive (Loss) $ (1,879,677) $ (686,277) $ (3,401,543) $ (1,839,859)
Basic (Loss) per common share $ (1.15) $ (3.94) $ (2.95) $ (8.19)
Weighted Average Common Shares Outstanding (Basic) 1,365,324 449,611 952,435 360,465