v3.26.1
OPERATING EXPENSES
12 Months Ended
Dec. 31, 2025
OPERATING EXPENSES  
OPERATING EXPENSES

20.OPERATING EXPENSES

Operating expense during the years ended December 31, 2025 and 2024 consists of the following expenses by nature:

Year ended December 31

  ​ ​ ​

2025

  ​ ​ ​

2024

Raw materials and consumables

$

783,402

$

Salaries and employee benefits

 

1,006,200

 

Contractors

 

2,369,864

 

Repairs and maintenance

 

121,641

 

Site administration

 

80,938

 

Depreciation

 

13,263

 

 

4,375,308

 

Change in inventories

 

1,296,123

 

Total operating expense

$

5,671,431

$

Change in inventories include $2,167,896 relating to the change in the fair value adjustment for inventories in the purchase price allocation.