| Schedule of Operating Expenses |
For the three and nine months ended September 30, 2026 and 2025, operating expenses consisted of the following: | | | Three months ended | | | Nine months ended | | | | | September 30, | | | September 30, | | | Sales and marketing | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Salaries and benefits | | $ | 1,727 | | | $ | - | | | $ | 1,727 | | | $ | - | | | Professional and consulting fees | | | 582,645 | | | | 116,680 | | | | 1,422,325 | | | | 278,696 | | | Share-based compensation – professional and consulting fees | | | 66,280 | | | | - | | | | 620,030 | | | | - | | | Office expenses | | | 119,320 | | | | - | | | | 134,920 | | | | - | | | Travel and entertainment | | | - | | | | - | | | | - | | | | 34 | | | Marketing and advertising | | | 1,178 | | | | 318,147 | | | | 332,521 | | | | 2,174,519 | | | | | $ | 771,150 | | | $ | 434,827 | | | $ | 2,511,523 | | | $ | 2,453,249 | | | | | Three months ended | | | Nine months ended | | | | | September 30, | | | September 30, | | | Research and development | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Professional and consulting fees | | $ | 337,119 | | | $ | 36,269 | | | $ | 483,126 | | | $ | 220,792 | | | Share-based compensation – professional and consulting fees | | | 500,500 | | | | - | | | | 500,500 | | | | - | | | Office expenses | | | 59,396 | | | | 3,049 | | | | 57,174 | | | | 8,552 | | | Travel and entertainment | | | 16,841 | | | | - | | | | 16,841 | | | | - | | | Depreciation and amortization | | | 91,173 | | | | - | | | | 136,760 | | | | - | | | Technology expense | | | 250,000 | | | | - | | | | 381,500 | | | | - | | | | | $ | 1,255,029 | | | $ | 39,318 | | | $ | 1,575,901 | | | $ | 229,344 | | | | | | | | | | | | | | | | | | | | | In-process research and development | | $ | - | | | $ | - | | | $ | 4,258,449 | | | $ | - | | | | | Three months ended | | | Nine months ended | | | | | September 30, | | | September 30, | | | General and administrative | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Salaries and benefits | | $ | 141,458 | | | $ | 171,063 | | | $ | 2,248,533 | | | $ | 546,729 | | | Share-based compensation – salary and benefits | | | 411,058 | | | | 228,822 | | | | 1,147,226 | | | | 1,245,295 | | | Professional and consulting fees | | | 1,537,392 | | | | 199,699 | | | | 2,503,519 | | | | 706,460 | | | Share-based compensation – professional and consulting fees | | | 192,000 | | | | - | | | | 2,052,500 | | | | - | | | Office expenses | | | 463,097 | | | | 15,273 | | | | 711,975 | | | | 132,584 | | | Insurance | | | 87,622 | | | | 59,053 | | | | 353,399 | | | | 177,159 | | | Travel and entertainment | | | 90,987 | | | | 18,680 | | | | 137,872 | | | | 51,515 | | | Depreciation and amortization | | | 808 | | | | - | | | | 808 | | | | - | | | Provision for expected credit losses | | | 5,000 | | | | - | | | | 5,000 | | | | - | | | | | $ | 2,929,422 | | | $ | 692,590 | | | $ | 9,160,832 | | | $ | 2,859,742 | |
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