v3.25.1
GENERAL AND ADMINISTRATIVE EXPENSES
3 Months Ended
Mar. 31, 2025
General And Administrative Expenses  
GENERAL AND ADMINISTRATIVE EXPENSES

15. GENERAL AND ADMINISTRATIVE EXPENSES

 

Details of the general and administrative expenses are presented in the following table:

  

2025

$

  

2024

$

 
   Three months ended March 31, 
  

2025

$

  

2024

$

 
Advisory and consultancy   11,489    59,862 
Filing fees   32,995    23,955 
General office expenses   32,015    93,202 
Insurance   76,478    85,180 
Professional fees   265,513    135,480 
Salaries and management fees   420,011    533,233 
Share-based compensation   821,881    266,788 
Total   1,660,382    1,197,700 

 

Share-based compensation expense for the three months ended March 31, 2025, includes $551,721 related to the stock options granted on March 18, 2025 (Note 10), which vested as to one-half on the date of grant and the balance vesting on the first anniversary of the date of grant.