v3.25.2
TERM FINANCE CERTIFICATES (TFCs) (Tables)
6 Months Ended
Jun. 30, 2025
TERM FINANCE CERTIFICATES (TFCs)  
Summary of term finance certificate

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

 

 

 

Opening balance

 

$7,458,750

 

 

$7,458,750

 

Repayments

 

 

-

 

 

 

-

 

 

 

 

7,458,750

 

 

 

7,458,750

 

Current portion

 

 

(3,985,040)

 

 

(3,660,548)

 

 

 

3,473,710

 

 

 

3,798,202

 

Add: Deferred interest

 

 

102,703

 

 

 

307,172

 

Exchange adjustment

 

 

(3,277,638)

 

 

(3,198,919)

Closing balance

 

$298,775

 

 

$906,455