Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Shareholders' (Deficit) Equity

v3.26.1
Consolidated Statements of Shareholders' (Deficit) Equity - USD ($)
Preferred Shares
Series 2 preferred shares
Common Shares
Series 2 preferred shares
Common Shares
July 2024 Pipe Financing
Common Shares
2024 ATM offering
Common Shares
2025 ATM offering
Common Shares
July 22, 2025 Exercise of Discounted Warrants And Pipe Offering
Common Shares
July 28, 2025 Exercise of Discounted Warrants And Pipe Offering
Common Shares
Additional Paid-in Capital
2024 ATM offering
Additional Paid-in Capital
2025 ATM offering
Additional Paid-in Capital
July 22, 2025 Exercise of Discounted Warrants And Pipe Offering
Additional Paid-in Capital
July 28, 2025 Exercise of Discounted Warrants And Pipe Offering
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
2024 ATM offering
2025 ATM offering
July 22, 2025 Exercise of Discounted Warrants And Pipe Offering
July 28, 2025 Exercise of Discounted Warrants And Pipe Offering
Total
Balance at the beginning at Dec. 31, 2023                         $ 97,590,426 $ (371,184) $ (93,465,946)         $ 3,753,296
Balance at the beginning (in shares) at Dec. 31, 2023 46,667             755,362                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Share-based compensation                         825,808             825,808
Conversion of Series 2 Convertible Preferred Shares (in shares) (46,667) 46,667                                    
Issuance of common shares, net of issuance costs                 $ 190,274             $ 190,274        
Issuance of common shares, net of issuance costs (in shares)     390,307 3,034                       3,034        
Exercise of pre-funded warrants                         28,038             28,038
Exercise of pre-funded warrants (in shares)               112,150                        
Reclassification of USD denominated warrants from warrant liability to additional paid-in capital due to change in functional currency                         8,689,148             8,689,148
Re-measurement of liability-classified CAD stock options                         222,739             222,739
Net Income (Loss)                             2,778,873         2,778,873
Balance at the end at Dec. 31, 2024                         107,546,433 (371,184) (90,687,073)         16,488,176
Balance at the end (in shares) at Dec. 31, 2024               1,307,520                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Share-based compensation                         857,628             857,628
Issuance of common shares, net of issuance costs                   $ 708,468             $ 708,468      
Issuance of common shares, net of issuance costs (in shares)         40,795                       40,795      
Exercise of pre-funded warrants                     $ 8,391,027 $ 11,144,467 3,050         $ 8,391,027 $ 11,144,467 $ 3,050
Exercise of pre-funded warrants (in shares)           336,449 416,436 51,197                       51,197
Reclassification of USD denominated warrants from warrant liability to additional paid-in capital due to change in functional currency                         697,658             $ 697,658
Re-measurement of liability-classified CAD stock options                         170,081             170,081
Net Income (Loss)                             (39,719,147)         (39,719,147)
Balance at the end at Dec. 31, 2025                         $ 129,518,812 $ (371,184) $ (130,406,220)         $ (1,258,592)
Balance at the end (in shares) at Dec. 31, 2025               2,152,397