EQUIPMENT

3 Months Ended

Mar. 31, 2025

EQUIPMENT

Cost
	Computer Equipment			Furniture and Equipment			Leasehold Improvements		Vehicles		Total
Cost
Balance at December 31, 2023	$	133,273		$	1,040,192		$	86,530	$	60,343	$	1,320,338
Additions		6,876			137,562			2,359		-		146,797
Disposals		(9,821	)		(180,338	)		-		-		(190,159	)
Balance at December 31, 2024		130,328			997,416			88,889		60,343		1,276,976
Equipment cost, beginning balance		130,328			997,416			88,889		60,343		1,276,976
Additions		9,615			22,812			-		-		32,427
Disposals		-			-			-		-		-
Balance at March 31, 2025	$	139,943		$	1,020,228		$	88,889	$	60,343	$	1,309,403
Equipment cost, ending balance	$	139,943		$	1,020,228		$	88,889	$	60,343	$	1,309,403

Accumulated depreciation
Balance at December 31, 2023	$	58,178		$	545,403		$	6,790	$	29,166	$	639,537
Charge for the year		37,881			143,885			17,845		9,354		208,965
Disposals		(3,383	)		(97,685	)		-		-		(101,068	)
Balance at December 31, 2024		92,676			591,603			24,635		38,520		747,434
Accumulated depreciation, beginning balance		92,676			591,603			24,635		38,520		747,434
Charge for the period		8,371			37,222			4,472		1,637		51,702
Disposals		-			-			-		-		-
Balance at March 31, 2025	$	101,047		$	628,825		$	29,107	$	40,157	$	799,136
Accumulated depreciation, ending balance	$	101,047		$	628,825		$	29,107	$	40,157	$	799,136

Net book value:
December 31, 2024	$	37,652		$	405,813		$	64,254	$	21,823	$	529,542
March 31, 2025	$	38,896		$	391,403		$	59,782	$	20,186	$	510,267
Net book value	$	38,896		$	391,403		$	59,782	$	20,186	$	510,267

Draganfly Inc.

Notes to the Condensed Consolidated Interim Financial Statements

For the Three Months Ended March 31, 2025

Expressed in Canadian Dollars (unaudited)