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4. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES: Impairment of long-lived assets (Policies)
12 Months Ended
Dec. 31, 2024
Policies  
Impairment of long-lived assets

Impairment of long-lived assets

The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of these assets is

determined by comparing the forecasted undiscounted net cash flows of the operation to which the assets relate to the carrying amount.

 

The Company believes that the future undiscounted net cash flows to be received from its long-lived assets exceed the assets’ carrying values and, accordingly, the Company has not recognized any impairment losses for the years ended December 31, 2024 and 2023.