v3.26.1
PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4. PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following assets which are located in Calgary, Canada, with all amounts translated into U.S. dollars:

 

   June 30, 2026   December 31, 2025 
Lab equipment  $778,765   $807,402 
Computer equipment and leasehold improvements   26,413    27,384 
Less: Accumulated depreciation   (723,249)   (675,552)
Property and equipment, net of accumulated depreciation  $81,929   $159,234 

 

Depreciation expense was $36,826 and $39,980 for the three months ended June 30, 2026 and 2025, respectively and $74,066 and $78,824 for the six months ended June 30, 2026 and 2025, respectively.