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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss for the year $ (11,155,516) $ (5,314,765)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 713,119 98,585
Non-cash interest expense 74,005 584,820
Change in operating lease right-of-use assets 88,234 0
Changes in operating assets and liabilities:    
Prepaid expenses (1,040,265) (158,719)
Accounts payable 808,745 79,088
Accrued expenses and other current liabilities 358,018 386,777
Operating lease liability (70,080) 0
Related party payable (23,491) 165,950
Net cash used in operating activities (10,247,231) (4,158,264)
Cash flows from financing activities:    
Proceeds from issuance of convertible promissory notes 5,172,500 500,000
Proceeds from initial public offering, net of offering expenses 2,049,716 0
Proceeds from issuance of common shares, net of issuance costs 5,470,000 0
Proceeds from concurrent financing 0 5,109,950
Net cash provided by financing activities 12,692,216 5,609,950
Net increase in cash and cash equivalents during the year 2,444,985 1,451,686
Cash and cash equivalents, beginning of the year 1,719,338 267,652
Cash and cash equivalents, end of the year 4,164,323 1,719,338
Supplemental information    
Cash paid for interest 40,563 0
Supplemental disclosure of non-cash investing and financing activities    
Right-of-use assets obtained in exchange for lease liabilities 356,805 0
Accrued interest converted into common shares 38,462 0
Issuance costs included in accounts payable $ 265,025 $ 0