| Schedule of reconciliation of segment operating loss |
| Schedule of reconciliation of segment operating loss | |
| | |
| | |
| | |
| |
| | |
Three
Months ended | | |
Three
Months ended
June
30, 2025 | | |
Six
Months Ended | | |
Six
Months
Ended
June
30, 2025 | |
| | |
June
30, 2026 | | |
(Restated) | | |
June
30, 2026 | | |
(Restated) | |
| | |
| | |
| | |
| | |
| |
| NET SALES | |
$ | 32,751 | | |
$ | 25,605 | | |
$ | 61,918 | | |
$ | 48,522 | |
| | |
| | | |
| | | |
| | | |
| | |
| COST OF SALES | |
| — | | |
| 3,463 | | |
| 1,336 | | |
| 5,491 | |
| | |
| | | |
| | | |
| | | |
| | |
| OPERATING EXPENSES | |
| | | |
| | | |
| | | |
| | |
| Research and development | |
| 3,878,703 | | |
| 2,621,441 | | |
| 7,368,998 | | |
| 5,710,659 | |
| General and administrative | |
| 3,423,188 | | |
| 2,300,884 | | |
| 6,686,054 | | |
| 4,137,936 | |
| | |
| 7,301,891 | | |
| 4,925,788 | | |
| 14,056,388 | | |
| 9,854,086 | |
| | |
| | | |
| | | |
| | | |
| | |
| SEGMENT OPERATING LOSS | |
| (7,269,140 | ) | |
| (4,900,183 | ) | |
| (13,994,470 | ) | |
| (9,805,564 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| OTHER INCOME (EXPENSE) | |
| | | |
| | | |
| | | |
| | |
| Interest income and interest
amortization on marketable securities | |
| 652,071 | | |
| 168,253 | | |
| 1,113,346 | | |
| 356,101 | |
| Commitment fee | |
| — | | |
| (235,801 | ) | |
| — | | |
| (243,830 | ) |
| Gain (loss) on disposal
of property and equipment and intangible assets | |
| (5,270 | ) | |
| — | | |
| (41,679 | ) | |
| 28,800 | |
| Other
income | |
| 8,542 | | |
| 1,098 | | |
| 8,466 | | |
| 836 | |
| | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | |
| NET LOSS | |
$ | (6,613,797 | ) | |
$ | (4,966,633 | ) | |
$ | (12,914,337 | ) | |
$ | (9,663,657 | ) |
|