v3.26.3
PROPERTY AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2025
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

In Thousands of US Dollars

 

 

Laboratory

Equipment

 

 

Computer Equipment

 

 

Office Equipment

 

 

Total

 

Cost

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2023

 

$418

 

 

$59

 

 

$116

 

 

$593

 

Additions

 

 

–

 

 

 

3

 

 

 

-

 

 

 

3

 

Disposals

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Balance at December 31, 2023

 

 

418

 

 

$62

 

 

$116

 

 

$596

 

Additions

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Disposals

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Balance at December 31, 2024

 

 

418

 

 

$62

 

 

$116

 

 

$596

 

Additions

 

 

–

 

 

 

1

 

 

 

-

 

 

 

1

 

Disposals

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Balance at December 31, 2025

 

$418

 

 

$63

 

 

$116

 

 

$597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated depreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January1, 2023

 

 

418

 

 

 

53

 

 

 

112

 

 

$583

 

Depreciation for the year

 

 

–

 

 

 

7

 

 

 

4

 

 

 

11

 

Disposals

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Balance at December 31, 2023

 

$418

 

 

$60

 

 

$116

 

 

$594

 

Depreciation for the year

 

 

–

 

 

 

1

 

 

 

–

 

 

 

1

 

Disposals

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Balance at December 31, 2024

 

 

418

 

 

$61

 

 

$116

 

 

$595

 

Depreciation for the year

 

 

–

 

 

 

1

 

 

 

-

 

 

 

1

 

Disposals

 

 

–

 

 

 

–

 

 

 

–

 

 

 

–

 

Balance at December 31, 2025

 

$418

 

 

$62

 

 

$116

 

 

$596

 

Carrying amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2023

 

$-

 

 

$2

 

 

$-

 

 

$2

 

At December 31, 2024

 

$-

 

 

$1

 

 

$-

 

 

$1

 

At December 31, 2025

 

$-

 

 

$1

 

 

$-

 

 

$1