Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 44,073,222 $ 6,116,556
Short-term investments 33,753 33,753
Prepaid expenses and other current assets 3,053,943 3,032,112
Total current assets 47,160,918 9,182,421
Total assets 47,160,918 9,182,421
Current liabilities:    
Accounts payable 485,127 2,543,415
Accrued liabilities 4,857,759 7,868,416
Total current liabilities 5,342,886 10,411,831
Share-based compensation liability 56,368 29,182
Total liabilities 5,399,254 10,441,013
Shareholders' equity (deficit):    
Common Shares, no par value, unlimited shares authorized, 8,969,100 and 2,152,397 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively
Additional paid-in capital 200,674,965 129,518,812
Accumulated other comprehensive loss (371,184) (371,184)
Accumulated deficit (158,542,117) (130,406,220)
Total shareholders' equity (deficit) 41,761,664 (1,258,592)
Total liabilities and shareholders' equity (deficit) $ 47,160,918 $ 9,182,421