XML 90 R5.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Stockholders Equity (Unaudited) - USD ($)
Total
Common stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Noncontrolling Interest
Balance, shares at Dec. 31, 2023   81,898,321        
Balance, amount at Dec. 31, 2023 $ (8,712,222) $ 81,898 $ 194,448,414 $ 243,940 $ (202,576,507) $ (909,967)
Common stock issued for cash, net of issuance costs, shares   13,350        
Common stock issued for cash, net of issuance costs, amount 15,734 $ 13 15,721 0 0 0
Common stock issued for settlement of RSUs, shares   68,169        
Common stock issued for settlement of RSUs, amount 0 $ 69 (69) 0 0 0
Stock-based compensation 411,220 0 411,220 0 0 0
Tax withholdings paid related to stock-based compensation (3,062) $ 0 (3,062) 0 0 0
Common stock issued in lieu of license fee, shares   129,132        
Common stock issued in lieu of license fee, amount 125,258 $ 129 125,129 0 0 0
Foreign currency translation 15,026 0 0 15,026 0 0
Net loss for the period (8,472,005) $ 0 0 0 (8,367,388) (104,617)
Balance, shares at Mar. 31, 2024   82,108,972        
Balance, amount at Mar. 31, 2024 (16,620,051) $ 82,109 194,997,353 258,966 (210,943,895) (1,014,584)
Balance, shares at Dec. 31, 2023   81,898,321        
Balance, amount at Dec. 31, 2023 (8,712,222) $ 81,898 194,448,414 243,940 (202,576,507) (909,967)
Net loss for the period (21,400,758)          
Balance, shares at Sep. 30, 2024   92,392,570        
Balance, amount at Sep. 30, 2024 (22,640,290) $ 92,393 202,014,277 140,272 (223,750,970) (1,136,262)
Balance, shares at Mar. 31, 2024   82,108,972        
Balance, amount at Mar. 31, 2024 (16,620,051) $ 82,109 194,997,353 258,966 (210,943,895) (1,014,584)
Common stock issued for cash, net of issuance costs, shares   734,155        
Common stock issued for cash, net of issuance costs, amount 589,488 $ 734 588,754 0 0 0
Common stock issued for settlement of RSUs, shares   85,187        
Common stock issued for settlement of RSUs, amount 0 $ 85 (85) 0 0 0
Stock-based compensation 208,046 0 208,046 0 0 0
Tax withholdings paid related to stock-based compensation (38,205) 0 (38,205) 0 0 0
Foreign currency translation 23,286 0 0 23,286 0 0
Net loss for the period (7,060,175) $ 0 0 0 (6,985,546) (74,629)
Balance, shares at Jun. 30, 2024   82,928,314        
Balance, amount at Jun. 30, 2024 (22,897,611) $ 82,928 195,755,863 282,252 (217,929,441) (1,089,213)
Common stock issued for settlement of RSUs, shares   294,256        
Common stock issued for settlement of RSUs, amount 0 $ 295 (295) 0 0 0
Stock-based compensation 323,539 0 323,539 0 0 0
Tax withholdings paid related to stock-based compensation (15,860) 0 (15,860) 0 0 0
Foreign currency translation (141,980) 0 0 (141,980) 0 0
Net loss for the period (5,868,578) $ 0 0 0 (5,821,529) (47,049)
Issuance costs, shares   9,170,000        
Issuance costs, amount 5,960,200 $ 9,170 5,951,030 0 0 0
Balance, shares at Sep. 30, 2024   92,392,570        
Balance, amount at Sep. 30, 2024 (22,640,290) $ 92,393 202,014,277 140,272 (223,750,970) (1,136,262)
Balance, shares at Dec. 31, 2024   96,097,485        
Balance, amount at Dec. 31, 2024 (26,107,736) $ 96,098 204,154,994 385,631 (229,544,343) (1,200,116)
Common stock issued for cash, net of issuance costs, shares   4,551,429        
Common stock issued for cash, net of issuance costs, amount 2,384,654 $ 4,551 2,380,103 0 0 0
Common stock issued for settlement of RSUs, shares   97,553        
Common stock issued for settlement of RSUs, amount 0 $ 98 (98) 0 0 0
Stock-based compensation 347,801 0 347,801 0 0 0
Tax withholdings paid related to stock-based compensation (24,411) 0 24,411 0 0 0
Foreign currency translation (253,929) 0 0 (253,929) 0 0
Net loss for the period (5,476,627) 0 0 0 (5,423,759) (52,868)
Stock-based compensation in relation to modification of options 103,573 $ 0 103,573 0 0 0
Balance, shares at Mar. 31, 2025   100,746,467        
Balance, amount at Mar. 31, 2025 (29,026,675) $ 100,747 206,961,962 131,702 (234,968,102) (1,252,984)
Balance, shares at Dec. 31, 2024   96,097,485        
Balance, amount at Dec. 31, 2024 (26,107,736) $ 96,098 204,154,994 385,631 (229,544,343) (1,200,116)
Net loss for the period (17,200,488)          
Balance, shares at Sep. 30, 2025   109,620,405        
Balance, amount at Sep. 30, 2025 (35,949,562) $ 109,620 212,307,711 (421,946) (246,630,538) (1,314,409)
Balance, shares at Mar. 31, 2025   100,746,467        
Balance, amount at Mar. 31, 2025 (29,026,675) $ 100,747 206,961,962 131,702 (234,968,102) (1,252,984)
Common stock issued for cash, net of issuance costs, shares   321,562        
Common stock issued for cash, net of issuance costs, amount 60,604 $ 322 60,282 0 0 0
Common stock issued for settlement of RSUs, shares   955,718        
Common stock issued for settlement of RSUs, amount 0 $ 955 (955) 0 0 0
Stock-based compensation 812,045 0 812,045 0 0 0
Tax withholdings paid related to stock-based compensation (55,057) 0 (55,057) 0 0 0
Foreign currency translation (575,996) 0 0 (575,996) 0 0
Net loss for the period (6,314,070) $ 0 0 0 (6,284,078) (29,992)
Common stock issued for cash, in respect of warrant shares, shares   1,958,273        
Common stock issued for cash, in respect of warrant shares, amount 1,958 $ 1,958 0 0 0 0
Issuance of warrants in connection with convertible note offering 1,998,869 $ 0 1,998,869 0 0 0
Balance, shares at Jun. 30, 2025   103,982,020        
Balance, amount at Jun. 30, 2025 (33,098,322) $ 103,982 209,777,146 (444,294) (241,252,180) (1,282,976)
Common stock issued for cash, net of issuance costs, shares   3,439,156        
Common stock issued for cash, net of issuance costs, amount 2,005,818 $ 3,439 2,002,379 0 0 0
Common stock issued for settlement of RSUs, shares   600,229        
Common stock issued for settlement of RSUs, amount 0 $ 600 (600) 0 0 0
Stock-based compensation 609,167 0 609,167 0 0 0
Tax withholdings paid related to stock-based compensation (80,381) 0 (80,381) 0 0 0
Foreign currency translation 22,348 0   22,348 0 0
Net loss for the period (5,409,791) $ 0 0   (5,378,358) (31,433)
Common stock issued for cash, in respect of warrant shares, shares   1,599,000        
Common stock issued for cash, in respect of warrant shares, amount 1,599 $ 1,599 0 0 0 0
Balance, shares at Sep. 30, 2025   109,620,405        
Balance, amount at Sep. 30, 2025 $ (35,949,562) $ 109,620 $ 212,307,711 $ (421,946) $ (246,630,538) $ (1,314,409)