v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,845,606 $ 3,818,096
Investments 6,954,476 14,927,165
Prepaid expenses and other current assets 836,146 1,261,974
Total current assets 11,636,228 20,007,235
Intangible assets, net 333,334 383,334
Total assets 11,969,562 20,390,569
Current liabilities:    
Accounts payable 3,109,517 1,262,222
Accrued expenses 1,757,390 2,538,457
Accrued interest and financing expense 1,146,251 1,146,251
Due to officers - short term $ 600,000 $ 600,000
Other liability, current, related party, type extensible enumeration srt:OfficerMember srt:OfficerMember
Total current liabilities $ 6,613,158 $ 5,546,930
Due to officers - long term $ 1,423,733 $ 1,723,733
Other liability, noncurrent, related party, type extensible enumeration srt:OfficerMember srt:OfficerMember
Total liabilities $ 8,036,891 $ 7,270,663
Commitments and contingencies
Shareholders' equity:    
Ordinary shares, no par value per share, 5,000,000,000 authorized at June 30, 2026 and December 31, 2025, respectively - 70,294,615 (2,008,418 ADS's) ordinary shares issued and outstanding at June 30, 2026 and 52,441,360 (1,498,325 ADS's) ordinary shares issued and outstanding at December 31, 2025 0 0
Accumulated other comprehensive loss (582) (613)
Additional paid in capital 85,272,477 84,090,966
Accumulated deficit (81,339,224) (70,970,447)
Total shareholders' equity 3,932,671 13,119,906
Total liabilities and shareholders' equity $ 11,969,562 $ 20,390,569