NOTE 7 – PREPAID EXPENSES Prepaid expenses are as follows: | | | | | | | | | June 30, | | December 31, | | | 2026 | | 2025 | Prepaid R&D costs | | $ | 675,978 | | $ | 920,947 | Prepaid insurance | | | 108,501 | | | 277,808 | Other prepaid expense | | | 51,667 | | | 63,219 | Deferred offering costs (note 13) | | | — | | | — | Total | | $ | 836,146 | | $ | 1,261,974 |
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