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Consolidated Statements of Financial Position (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash $ 1,911,069 $ 6,235,670
Trade receivables, net 40,122 33,577
Trade receivables - related party 124,764 17,238
Inventories 503,053 372,870
Prepaid expenses and other current assets 507,603 1,184,675
Total current assets 3,086,611 7,844,030
Property and equipment, net 1,388,544 1,365,144
Intangible assets 4,008,871 3,017,462
Right-of-use assets, net 1,319,488 1,011,531
Total assets 9,803,514 13,238,167
Current Liabilities    
Accounts payable and accrued liabilities 1,144,570 2,295,058
Accounts payable and accrued expense - related party 1,192,382 558,514
Convertible debt 482,149 1,093,975
Silent partnership 837,845 767,926
Silent partnership - related party 300,788 263,353
Intellectual property acquisition liability 1,000,000
Intellectual property acquisition liability - related party 657,895 690,575
Lease liabilities 372,619 280,145
Total current liabilities 5,988,248 5,949,546
Lease liabilities 1,100,206 865,982
Intellectual property acquisition liability - related party 192,711 376,096
Total liabilities 7,281,165 7,191,624
Shareholders’ equity    
Share capital 41,572 23,054
Share premium 77,125,610 69,964,098
Reserve 25,293,787 27,594,947
Accumulated deficit (99,322,895) (90,978,684)
Accumulated other comprehensive loss (615,725) (556,872)
Total shareholders’ equity 2,522,349 6,046,543
Total liabilities and shareholders’ equity $ 9,803,514 $ 13,238,167