Intangible Assets and Consideration Payable (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2025

Dec. 31, 2024

Finite-Lived Intangible Assets [Line Items]

Schedule of Intangible Assets

	License # 1			License # 2 (IPR&D asset)		Total
Cost:
Balance, December 31, 2024	$	861,452			2,023,097		2,884,549
Additions		-			49,535		49,535
Termination of agreement		(861,452	)				(861,452	)
Balance, June 30, 2025	$	-			2,072,632		2,072,632
Accumulated amortization:
Balance, December 31, 2024	$	82,556			-		82,556
Additions		14,358			-		14,358
Termination of agreement		(96,914	)		-		(96,914	)
Balance, June 30, 2025	$	-			-		-
Net book value:
December 31,2024	$	778,896			2,023,097		2,801,993
June 30, 2025		-			2,072,632		2,072,632

The table below provides a continuity of the intangible assets acquired during and as of the year ended December 31, 2024: 

	License #1		License #2 (IPR&D asset)		Total
Cost
Balance, December 31, 2023	$	-		-		-
Additions		861,452		2,023,097		2,884,549
Balance, December 31, 2024	$	861,452		2,023,097		2,884,549
Accumulated amortization
Balance, December 31, 2023	$	-		-		-
Additions		82,556		-		82,556
Balance, December 31, 2024	$	82,556		-		82,556
Net Book value – December 31, 2024	$	778,896		2,023,097		2,801,993

Schedule of Consideration Payable

The cost of License # 1 was measured at $861,452, which is the fair value of the consideration payable on initial recognition, determined by discounting the future payments using a market interest rate of 11.75%.

	Consideration payable
Consideration payable – undiscounted	$	1,000,000
Discount on initial recognition		(138,548	)
Fair value on initial recognition	$	861,452
Paid in cash		(50,000	)
Accretion		73,015
Balance, December 31, 2024	$	884,467
Accretion		9,684
Termination of agreement		(894,151	)
Balance, June 30, 2025	$	-

The cost of License #1 was measured at $861,452, which is the fair value of the consideration payable on initial recognition, determined by discounting the future payments using a market interest rate of 11.75%.

	Consideration payable
Consideration payable – undiscounted	$	1,000,000
Discount on initial recognition		(138,548	)
Fair value on initial recognition	$	861,452
Paid in cash		(50,000	)
Accretion		73,015
Balance, December 31, 2024	$	884,467
Consideration payable – current	$	350,000
Consideration payable – non-current	$	534,467

Finite-Lived Intangible Assets [Member]

Finite-Lived Intangible Assets [Line Items]

Schedule of the Black-Scholes Option Pricing Model

The following assumptions were used in the Black-Scholes Option Pricing Model:

	Initial recognition – April 30, 2024
Risk-free interest rate		5.12-5.44	%
Expected life		0.5-1 years
Expected dividend rate		0.00	%
Expected volatility		100	%

The following assumptions were used in the Black-Scholes option pricing model:

	Initial recognition – March 26, 2025
Risk-free interest rate		4.26	%
Expected life		0.5 years
Expected dividend rate		0.00	%
Expected volatility		100	%

The following assumptions were used in the Black-Scholes option pricing model:

	Initial recognition
Risk-free interest rate		5.12-5.44%
Expected life		0.5-1 years
Expected dividend rate		0.00%
Expected volatility		100%