| SCHEDULE OF SEGMENTED INFORMATION |
The
board of the Company relies on executive management which assesses the financial performance and position of the group and makes strategic
decisions. Executive management, which has been identified as being the chief operating decision maker, consists of the chief executive
officer, chief operating officer and chief financial officer.
SCHEDULE OF SEGMENTED INFORMATION
| March 31,
2025 | |
Drones | | |
Corporate | | |
Total | |
| Sales of goods | |
$ | 1,541,811 | | |
$ | - | | |
$ | 1,541,811 | |
| Provision of services | |
| 5,904 | | |
| - | | |
| 5,904 | |
| Total
revenue | |
| 1,547,715 | | |
| - | | |
| 1,547,715 | |
| Segment loss (income) | |
| 1,872,918 | | |
| 1,295,088 | | |
| 3,168,006 | |
| Finance and other costs | |
| 34,031 | | |
| - | | |
| 34,031 | |
| Depreciation | |
| 72,221 | | |
| 3,195 | | |
| 75,416 | |
| Amortization | |
| 2,257 | | |
| - | | |
| 2,257 | |
| Change in fair value of derivative liability | |
| - | | |
| 157,830 | | |
| 157,830 | |
| Loss on write-off of notes receivable | |
| - | | |
| 25,951 | | |
| 25,951 | |
| Recovery of
write down of inventory (note 5) | |
| (38,666 | ) | |
| - | | |
| (38,666 | ) |
| Net
loss for the period | |
$ | 1,942,761 | | |
$ | 1,482,064 | | |
$ | 3,424,825 | |
| March 31,
2024 | |
Drones | | |
Corporate | | |
Total | |
| Sales of goods | |
$ | 1,237,948 | | |
$ | - | | |
$ | 1,237,948 | |
| Provision of services | |
| 91,633 | | |
| - | | |
| 91,633 | |
| Total
revenue | |
| 1,329,581 | | |
| - | | |
| 1,329,581 | |
| Segment loss | |
| 1,240,820 | | |
| (1,500,860 | ) | |
| (260,040 | ) |
| Segment loss (income) | |
| 1,240,820 | | |
| (1,500,860 | ) | |
| (260,040 | ) |
| Finance and other costs | |
| 4,825 | | |
| - | | |
| 4,825 | |
| Depreciation | |
| 139,109 | | |
| 4,013 | | |
| 143,122 | |
| Amortization | |
| 2,821 | | |
| - | | |
| 2,821 | |
| Change in fair value of derivative liability | |
| - | | |
| 1,817,569 | | |
| 1,817,569 | |
| Loss on write-off of notes receivable | |
| - | | |
| 6,751 | | |
| 6,751 | |
| Loss on write down of
inventory (note 5) | |
| 148,760 | | |
| - | | |
| 148,760 | |
| Net
loss for the period | |
$ | 1,536,335 | | |
$ | 327,473 | | |
$ | 1,863,808 | |
|
| SCHEDULE OF GEOGRAPHIC REVENUE |
Geographic
revenue is measured by aggregating sales based on the country and the entity where the sale was made.
SCHEDULE OF GEOGRAPHIC REVENUE
| | |
March
31, 2025 | | |
December
31, 2024 | |
| Non-current assets | |
| | | |
| | |
| Canada | |
$ | 1,067,472 | | |
$ | 1,117,513 | |
| | |
$ | 1,067,472 | | |
$ | 1,117,513 | |
| | |
| | |
| |
| | |
For the three months ended March 31, | |
| | |
2025 | | |
2024 | |
| Revenue | |
| | | |
| | |
| Canada | |
$ | 1,544,083 | | |
$ | 1,327,333 | |
| United States | |
| 3,632 | | |
| 2,248 | |
| Revenue | |
$ | 1,547,715 | | |
$ | 1,329,581 | |
|