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

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.