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Unaudited Interim Condensed Statements of Changes in Shareholders’ Equity (Deficit) - USD ($)
Preferred Participation Certificates
Preferred Shares
Common Shares
Additional Paid in Capital
(Accumulated Deficit)
Accumulated Other Comprehensive Loss
Total
BALANCE at Dec. 31, 2023 $ 27,625 $ 61,670,367 $ (70,373,484) $ (158,071) $ (8,833,563)
BALANCE (in Shares) at Dec. 31, 2023 810,723        
Issuance of equity in private placement offerings, net $ 5,964 1,374,327 1,380,291
Issuance of equity in private placement offerings, net (in Shares) 175,000        
Share-based compensation 58,570 58,570
Defined pension plan adjustments   40,850 40,850
Effect of exchange rate changes on short-term loans     121,428 121,428
Accrued dividends on preferred shares            
Net loss   (2,035,834)   (2,035,834)
BALANCE at Jun. 30, 2024 $ 33,589 63,103,265 (72,409,318) 4,207 (9,268,258)
BALANCE (in Shares) at Jun. 30, 2024 985,723        
BALANCE at Dec. 31, 2024 $ 8,586 $ 118,918 75,600,478 (74,430,474) 108,853 1,406,361
BALANCE (in Shares) at Dec. 31, 2024 206,452 3,159,535        
Issuance of equity in private placement offerings, net $ 20,332 $ 42,539 $ 5,394 3,231,735 3,300,000
Issuance of equity in private placement offerings, net (in Shares) 568,278 1,249,904 161,290        
Issuance of common shares due to exercise of warrants $ 2,570 178,212 180,782
Issuance of common shares due to exercise of warrants (in Shares) 76,847        
Issuance of pre-funded preferred shares in private placement offerings, net $ 11,799 (11,799)
Issuance of pre-funded preferred shares in private placement offerings, net (in Shares) 360,000        
Conversion of preferred participation certificates into common shares $ (19,293) $ 26,259 (6,966)
Conversion of preferred participation certificates into common shares (in Shares) (551,532) 754,384        
Share-based compensation 46,248 46,248
Effect of exchange rate changes on short-term loans            
Deemed dividend-make whole shares   (1,231,900) 123,100
Deemed dividend-warrants (613,939) 613,939
Accrued dividends on preferred shares       (126,367) (126,367)
Pre-funded warrant issued as a deferred offering cost 296,154 296,154
Net loss   (2,220,671) (2,220,671)
BALANCE at Jun. 30, 2025 $ 21,424 $ 42,539 $ 153,141 $ 77,361,856 $ (74,805,306) $ 108,853 $ 2,882,507
BALANCE (in Shares) at Jun. 30, 2025 583,198 1,249,904 4,152,056