STOCKHOLDERS’ EQUITY (Tables)
|
9 Months Ended |
Sep. 30, 2026 |
| Equity [Abstract] |
|
| SCHEDULE OF RECOGNIZED SHARE-BASED COMPENSATION |
During
the three and nine months ended September 30, 2026 and 2025, the Company recognized share-based compensation as follows:
SCHEDULE
OF RECOGNIZED SHARE-BASED COMPENSATION
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three months ended September 30, | | |
Nine months ended September 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Officer and directors | |
$ | 102,494 | | |
$ | 548,057 | | |
$ | 360,152 | | |
$ | 548,057 | |
| Officer – former VP of Operations | |
| - | | |
| - | | |
| - | | |
| 116,667 | |
| Consultants | |
| - | | |
| 116,667 | | |
| 77,778 | | |
| 350,001 | |
| Share-based compensation | |
$ | 102,494 | | |
$ | 664,724 | | |
$ | 437,930 | | |
$ | 1,014,725 | |
|
| SCHEDULE OF CHANGES IN NUMBER OF OPTIONS OUTSTANDING |
The
changes in the number of options outstanding for the nine months ended September 30, 2026, and for the year ended December 31, 2025,
are as follows:
SCHEDULE
OF CHANGES IN NUMBER OF OPTIONS OUTSTANDING
| | |
Nine months ended September 30, 2026 | | |
Year ended December 31, 2025 | |
| | |
Number of options | | |
Weighted average exercise
price | | |
Number of options | | |
Weighted average exercise
price | |
| | |
| | |
| | |
| | |
| |
| Options outstanding, beginning | |
| 1,800,000 | | |
$ | 0.83 | | |
| - | | |
$ | - | |
| Options granted | |
| - | | |
| - | | |
| 1,800,000 | | |
| 0.83 | |
| Options outstanding, ending | |
| 1,800,000 | | |
$ | 0.83 | | |
| 1,800,000 | | |
$ | 0.83 | |
| Options exercisable, ending | |
| 1,800,000 | | |
$ | 0.83 | | |
| 900,000 | | |
$ | 0.83 | |
|
| SCHEDULE OF CHANGES IN NUMBER OF WARRANTS OUTSTANDING |
The
changes in the number of warrants outstanding for the nine months ended September 30, 2026, and for the year ended December 31, 2025,
are as follows:
SCHEDULE
OF CHANGES IN NUMBER OF WARRANTS OUTSTANDING
| | |
Nine months ended September 30, 2026 | | |
Year ended December 31, 2025 | |
| | |
Number of warrants | | |
Weighted average exercise
price | | |
Number of warrants | | |
Weighted average exercise
price | |
| | |
| | |
| | |
| | |
| |
| Warrants outstanding, beginning | |
| 124,994 | | |
$ | 1.20 | | |
| 11,894,537 | | |
$ | 1.20 | |
| Warrants expired | |
| - | | |
| - | | |
| (11,769,543 | ) | |
| 1.20 | |
| Warrants outstanding, ending | |
| 124,994 | | |
$ | 1.20 | | |
| 124,994 | | |
$ | 1.20 | |
|
| SCHEDULE OF WARRANTS OUTSTANDING |
Details
of warrants outstanding as at September 30, 2026, are as follows:
SCHEDULE
OF WARRANTS OUTSTANDING
Number of
warrants exercisable | | |
Expiry date | |
Exercise price | |
| | 55,373 | | |
September 23, 2028 | |
$ | 1.20 | |
| | 69,621 | | |
November 3, 2028 | |
| 1.20 | |
| | 124,994 | | |
| |
$ | 1.20 | |
|