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

INCOME TAXES - Deferred taxes (Details)

v3.26.1
INCOME TAXES - Deferred taxes (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
INCOME TAXES    
Non-capital losses carried forward $ 34,810,450 $ 24,850,000
Research and development expenditures 3,022,831 3,175,000
Investment tax credits 1,944,821 2,043,000
Tax value of technology rights and property and equipment in excess of accounting basis 160,999 193,000
Share issue costs 1,066,620 1,275,000
Non-deductible reserves   10,000
Restricted interest and financing expenses   337,000
Total deferred income tax assets 41,005,721 31,883,000
Valuation allowance (41,005,721) (31,883,000)
Net deferred income tax assets $ 0 $ 0