v3.25.2
Investment in equity securities
6 Months Ended
Jun. 30, 2025
Investment in equity securities [Abstract]  
Investment in equity securities
12.
Investment in equity securities


(a)   Investment in equity securities with readily determinable fair values



A summary of the movement in listed equity securities for the six months ended June 30, 2025 is presented in the table below:


   
Equity securities
 
Balance December 31, 2024
 
$
69,119,010
 
Equity securities acquired
   
11,012,514
 
Proceeds from sale of equity securities
    (31,668,114 )
Net loss on sale of equity securities
    (2,029,190 )
Unrealized loss on equity securities revalued at fair value at end of the period
   
7,511,809
 
Balance June 30, 2025
 
$
53,946,029
 

In the six-month periods ended June 30, 2024, and 2025, the Company received dividends of $2,853,165, and $1,127,481, respectively, from its investments in listed equity securities.

(b)   Equity investments without readily determinable fair values


A summary of the movement in equity investments without readily determinable fair values for the six month period ended June 30, 2025 is presented in the table below:


   
Equity securities
 
Balance December 31, 2024
 
$
4,661,658
 
Equity investments transferred
   
3,478,240
 
Unrealized foreign exchange gain/loss
   
901,731
 
Balance June 30, 2025
 
$
9,041,629
 

In the six-month periods ended June 30, 2024, and 2025, the Company received dividends of $nil, and $1,069,235, respectively, from its equity investments without readily determinable fair values.