XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
OPERATING AND ADMINISTRATIVE EXPENSES        
Research and development $ 324,352 $ 1,124,030 $ 2,981,498 $ 2,051,685
Research and development – related party 39,832 57,481 256,755
General and administrative 287,882 307,682 1,018,793 1,006,308
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 652,066 1,431,712 4,057,772 3,314,748
LOSS FROM OPERATIONS (652,066) (1,431,712) (4,057,772) (3,314,748)
OTHER (EXPENSE) INCOME        
Interest income 11,281 69,218 34,439 210,819
Interest expense (31,957) (94,830)
Realized gain (loss) on marketable securities (23,175) 51,732 (146,554)
Gain on settlement of accrued liabilities 21,000 21,000
TOTAL OTHER INCOME (EXPENSES) 11,281 35,086 86,171 (9,565)
LOSS BEFORE TAX (640,785) (1,396,626) (3,971,601) (3,324,313)
INCOME TAX EXPENSE
NET LOSS (640,785) (1,396,626) (3,971,601) (3,324,313)
Other Comprehensive Loss - net of tax        
Net unrealized gain (loss) on marketable securities (34,463) 26,587 55,503
Reclassification of realized losses on debt securities (43,434)
Foreign exchange translation income (loss) (88) 3,187 145 3,667
TOTAL COMPREHENSIVE LOSS $ (640,873) $ (1,427,902) $ (3,988,303) $ (3,265,143)
Net loss per common share - Basic $ (0.14) $ (0.32) $ (0.89) $ (0.77)
Net loss per common share - Diluted $ (0.14) $ (0.32) $ (0.89) $ (0.77)
Weighted average common shares - Basic 4,529,096 4,330,959 4,469,501 4,328,123
Weighted average common shares - Diluted 4,529,096 4,330,959 4,469,501 4,328,123