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PROPERTY AND EQUIPMENT
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]    
PROPERTY AND EQUIPMENT

NOTE 4. PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following assets which are located in Calgary, Canada, with all amounts translated into U.S. dollars:

 

   September 30, 2025   December 31, 2024 
Lab equipment  $794,932   $769,105 
Computer equipment and leasehold improvements   26,961    26,073 
Less: Accumulated depreciation   (625,372)   (489,401)
Property and equipment, net of accumulated depreciation  $196,521   $305,777 

 

Depreciation expense was $40,369 and $42,626 for the three months ended September 30, 2025 and 2024, respectively and $119,193 and $128,438 for the nine months ended September 30, 2025 and 2024, respectively.

 

NOTE 5. PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following assets which are located in Calgary, Canada, with all amounts translated into U.S. dollars:

 

  

December 31,

2024

   December 31,
2023
 
Lab equipment  $769,105   $836,709 
Computer equipment and leasehold improvements   26,073    28,379 
Less: Accumulated depreciation   (489,401)   (357,711)
Property and equipment, net of accumulated depreciation  $305,777   $507,377 

 

Depreciation expense was $168,739 and $175,228 for the years ended December 31, 2024 and 2023, respectively.