v3.25.1
LEASE LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2025
Lease Liabilities  
SCHEDULE OF OPERATING LEASE LIABILITIES

 

  Total 
Balance at December 31, 2023  $790,023 
Interest expense   65,378 
Lease payments   (423,157)
Foreign exchange translation   (4,223)
Balance at December 31, 2024   428,021 
Interest expense   10,590 
Lease payments   (47,714)
Balance at March 31, 2025  $390,897 

 

Which consists of:

 

   March 31, 2025   December 31, 2024 
Current lease liability  $157,994   $154,147 
Non-current lease liability   232,903    273,874 
Ending balance  $390,897   $428,021 
SCHEDULE OF OPERATING MATURITY ANALYSIS
Maturity analysis  March 31, 2025   December 31, 2024 
Less than one year  $190,857   $190,856 
One to three years   230,092    282,419 
Four to five years   28,734    71,836 
Total undiscounted lease liabilities   449,683    545,111 
Amount representing interest   (58,786)   (117,090)
Lease liability   $390,897   $428,021