Leases (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Disclosure of quantitative information about right-of-use assets [abstract] |
|
| Schedule of quantitative information about right-of-use assets and a lease liability |
During the year ended December 31, 2025, the Company purchased one of the rural properties and recorded a disposal of the related leased asset and the acquisition of land included in property, plant and equipment. See Note 9.
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|
|
|
|
|
|
|
|
|
|
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Cost |
|
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Amortization |
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Balance |
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Balance, December 31, 2023 |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
Additions |
|
|
737,506 |
|
|
|
(75,777 |
) |
|
|
661,729 |
|
Effect of foreign exchange |
|
|
— |
|
|
|
(133,867 |
) |
|
|
(133,867 |
) |
At December 31, 2024 |
|
$ |
737,506 |
|
|
$ |
(209,644 |
) |
|
$ |
527,862 |
|
Additions |
|
|
40,973 |
|
|
|
(119,380 |
) |
|
|
(78,407 |
) |
Disposal |
|
|
(14,529 |
) |
|
|
— |
|
|
|
(14,529 |
) |
Effect of foreign exchange |
|
|
— |
|
|
|
61,150 |
|
|
|
61,150 |
|
At December 31, 2025 |
|
$ |
763,950 |
|
|
$ |
(267,874 |
) |
|
$ |
496,076 |
|
|
| Schedule of reconciliation of lease liability |
A reconciliation of the lease liabilities for the year ended December 31, 2025 and 2024 is as follows:
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|
|
|
|
|
|
|
|
|
|
December 31,
2025 |
|
|
December 31,
2024 |
|
Balance, beginning of year |
|
$ |
605,605 |
|
|
$ |
— |
|
Acquisition of lease |
|
|
— |
|
|
|
737,506 |
|
Lease amendment |
|
|
40,973 |
|
|
|
— |
|
Disposal |
|
|
(16,983 |
) |
|
|
— |
|
Cash outflows |
|
|
(229,906 |
) |
|
|
(42,289 |
) |
Finance costs |
|
|
83,862 |
|
|
|
55,795 |
|
Effect of foreign exchange |
|
|
70,598 |
|
|
|
(145,407 |
) |
|
|
|
|
|
|
|
Balance, end of year |
|
$ |
554,149 |
|
|
$ |
605,605 |
|
|
|
|
|
|
|
|
|
|
December 31,
2025 |
|
|
December 31,
2024 |
|
Lease Liability - current |
|
$ |
99,975 |
|
|
$ |
70,305 |
|
Lease Liability - non-current |
|
|
454,174 |
|
|
|
535,300 |
|
|
|
$ |
554,149 |
|
|
$ |
605,605 |
|
|
| Schedule of current and non current lease liability |
A reconciliation of the lease liabilities for the year ended December 31, 2025 and 2024 is as follows:
|
|
|
|
|
|
|
|
|
|
|
December 31,
2025 |
|
|
December 31,
2024 |
|
Balance, beginning of year |
|
$ |
605,605 |
|
|
$ |
— |
|
Acquisition of lease |
|
|
— |
|
|
|
737,506 |
|
Lease amendment |
|
|
40,973 |
|
|
|
— |
|
Disposal |
|
|
(16,983 |
) |
|
|
— |
|
Cash outflows |
|
|
(229,906 |
) |
|
|
(42,289 |
) |
Finance costs |
|
|
83,862 |
|
|
|
55,795 |
|
Effect of foreign exchange |
|
|
70,598 |
|
|
|
(145,407 |
) |
|
|
|
|
|
|
|
Balance, end of year |
|
$ |
554,149 |
|
|
$ |
605,605 |
|
|
|
|
|
|
|
|
|
|
December 31,
2025 |
|
|
December 31,
2024 |
|
Lease Liability - current |
|
$ |
99,975 |
|
|
$ |
70,305 |
|
Lease Liability - non-current |
|
|
454,174 |
|
|
|
535,300 |
|
|
|
$ |
554,149 |
|
|
$ |
605,605 |
|
|