v3.26.1
Accounts Payable and Accrued Liabilities
12 Months Ended
Dec. 31, 2025
Accounts Payable and Accrued Liabilities  
Accounts Payable and Accrued Liabilities

13.Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities at December 31, 2025 and 2024 are as follows:

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

2025

2024

Accounts Payable(1)

$

2,277

$

6,198

Accrued Liabilities(2)

 

43,771

 

36,556

$

46,048

$

42,754

(1)The accounts payable balance includes $0.7 million of underutilisation fees payable to the related parties under 2024 Credit facility (Note 21).

(2)

As at December 31, 2025, accrued liabilities totaled $43.8 million (December 31, 2024 - $36.5 million), of which $34.2 million relates to Allseas (Note 8) (December 31, 2024 - $25.8 million).