v3.26.1
Consolidated Statements of Financial Position
Dec. 31, 2025
CAD ($)
Dec. 31, 2024
CAD ($)
Assets    
Cash and cash equivalents $ 15,231,108 $ 4,617,034
Trade receivables [1] 105,911 113,422
Other receivables [1] 528,991 202,292
Inventory 163,414
Prepaid expenses 40,082 41,093
Total Current Assets 16,069,506 4,973,841
Intangible assets 19,800,767 25,262,767
Property and equipment 2,805 4,459
Total Assets 35,873,078 30,241,067
Liabilities    
Trade payables and accrued liabilities 317,537 401,938
Related Parties 113,892 233,691
Deferred revenue 145,404 140,088
Enhanced voting preference shares 35,979 35,608
Derivative for settlement agreement 191,884
Long term loan – current portion 40,769
Total Current Liabilities 804,696 852,094
Derivative warrants liabilities 5,802 24,517,927
Derivative for settlement agreement 378,817
Liabilities for employee benefits 62,212 100,430
Total Liabilities 872,710 25,849,268
Shareholders’ Equity    
Share capital 94,159,660 76,391,417
Share-based payment reserve 1,096,335 1,043,586
Translation differences reserve (350,710) (164,312)
Capital reserve for re-measurement of defined benefit plan 75,215 23,534
Accumulated Deficit (59,980,132) (72,902,426)
Total Shareholders’ equity 35,000,368 4,391,799
Total Liabilities and Shareholders’ Equity $ 35,873,078 $ 30,241,067
[1] reclassified to conform to the current period presentation