Risk Management and Financial Instruments |
12 Months Ended |
|---|---|
Dec. 31, 2024 | |
| Risks and Uncertainties [Abstract] | |
| Risk Management and Financial Instruments | 17. RISK MANAGEMENT AND FINANCIAL INSTRUMENTS
The Company’s financial instruments are exposed to certain financial risks as detailed below.
Credit risk
Credit risk is the risk of an unexpected loss if a customer or third party to a financial instrument fails to meet its contractual obligations.
The Company is subject to credit risk on its cash and cash equivalents. The Company limits its exposure to credit loss by placing its cash and cash equivalents with major financial institutions. As a result, the Company does not believe it is exposed to significant credit risk. |