v3.26.3
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2026
Discontinued Operations [Abstract]  
Schedule of Discontinued Operations

The following is a summary of discontinued operations for the three and nine months ended September 30, 2026 and 2025:

 

    Three months ended     Nine months ended  
    September 30,     September 30,  
    2026     2025     2026     2025  
                         
Revenue   $ 9,901     $ 110,459     $ 165,495     $ 314,665  
Revenue - related party     -       28,620       29,076       111,131  
Total revenue     9,901       139,079       194,571       425,796  
Cost of revenue     -       27,016       63,951       124,144  
Gross profit     9,901       112,063       130,620       301,652  
                                 
Operating expenses:                                
Sales and marketing     7,320       167,741       413,111       498,324  
Research and development     20,536       1,134,334       1,725,250       3,936,592  
Research and development - related party     -       -       -       62,804  
General and administrative     9,149       449,194       1,407,661       1,322,102  
Total operating expenses     37,005       1,751,269       3,546,022       5,819,822  
                                 
Loss from operations     (27,104 )     (1,639,206 )     (3,415,402 )     (5,518,170 )
                                 
Other income (expense)                                
Other income     10,222       961       324,282       40,264  
Gain (loss) on sale and disposal of assets     (174,718 )     -       262,083       -  
Interest expense     (10,233 )     (36,359 )     (65,203 )     (135,981 )
Other expense     (249,068 )     (36,708 )     (413,775 )     (130,707 )
Total other income (expense)     (423,797 )     (72,106 )     107,387       (226,424 )
                                 
Loss before income tax     (450,901 )     (1,711,312 )     (3,308,015 )     (5,744,594 )
Income tax provision     -       -       -       -  
Reclassification of cumulative translation adjustment     (10,371 )     -       (693,804 )     -  
Loss from discontinued operations   $ (461,272 )   $ (1,711,312 )   $ (4,001,819 )   $ (5,744,594 )
Schedule of Assets and Liabilities Held for Sale

The following is a summary of the assets and liabilities held for sale as of September 30, 2026 and December 31, 2025:

 

    September 30,     December 31,  
    2026     2025  
Assets            
Current Assets                
Cash   $ 33,419     $ 187,489  
Trade receivables, net     22,690       17,348  
Trade receivables - related party     -       61,030  
Inventories     -       216,888  
Prepaid expenses and other current assets     132,714       190,567  
Property and equipment, net     56,662       1,094,949  
Right-of-use assets, net     46,963       1,277,356  
Total current assets held for sale     292,448       3,045,627  
                 
Total assets of discontinued operations held for sale   $ 292,448     $ 3,045,627  
                 
LIABILITIES                
Current Liabilities                
Accounts payable and accrued liabilities   $ 42,740     $ 750,375  
Accounts payable and accrued expense - related party     -       13,956  
Convertible debt     -       82,305  
Silent partnership     -       956,902  
Intellectual property acquisition liability - related party     -       676,096  
Lease liabilities     46,997       1,348,606  
Total current liabilities held for sale     89,737       3,828,240  
                 
Total liabilities of discontinued operations held for sale   $ 89,737     $ 3,828,240  
Schedule of Discontinued Operations Cash Flows

The following is a summary of discontinued operations cash flows for the nine months ended September 30, 2026 and 2025:

 

    Nine months ended
September 30,		  
    2026     2025  
Cash Flows From Operating Activities            
Net loss   $ (4,001,819 )   $ (5,744,594 )
Adjustments to reconcile net loss to net cash used in operating activities:                
Reclassification of cumulative translation adjustment upon liquidation of foreign subsidiary     693,804       -  
Depreciation and amortization     10,119       379,990  
Provision for expected credit losses     8,462       -  
Inventory write-down     67,050       30,866  
Accretion expense     5,850       103,541  
Gain on settlement of debt related to the sale of intellectual property – related party     (348,966 )     -  
Gain on settlement of note payable - silent partnership     (111,940 )     (3,451 )
Gain on sale and disposal of assets     (262,083 )     -  
Non-cash lease expense     1,214,595       206,415  
Changes in operating assets and liabilities:                
Accounts receivable, net     (67,210 )     5,988  
Accounts receivable - related party     61,030       17,238  
Inventories     146,696       (146,770 )
Prepaid expenses and other assets     92,982       48,278  
Accounts payable and accrued liabilities     (634,379 )     (750,210 )
Accounts payable and accrued expense - related party     (13,956 )     (982 )
Operating lease liabilities     (1,284,993 )     (260,241 )
Net cash used in operating activities     (4,424,758 )     (6,113,932 )
                 
Cash Flows From Investing Activities                
Proceeds from sales of intellectual properties     1,250,000       -  
Payment for intangible asset – related party     (350,000 )     (400,000 )
Purchase of property and equipment     (658 )     (1,216 )
Other investing cash flows     -       3,174  
Net cash provided by (used in) investing activities     899,342       (398,042 )
                 
Cash Flows From Financing Activities                
Proceeds from intercompany loans     4,227,007       6,510,595  
Repayments of convertible debt     (61,339 )     -  
Repayments on silent partnerships     (803,940 )     (55,738 )
Net cash provided by financing activities     3,361,728       6,454,857  
                 
Effect of changes in exchange rates     9,618       (25,904 )
                 
Net decrease in cash     (154,070 )     (83,021 )
Cash at beginning of period     187,489       178,167  
Cash at end of period   $ 33,419     $ 95,146