v3.26.1
Intangible Asset
12 Months Ended
Dec. 31, 2025
Intangible Asset [Abstract]  
Intangible asset
7.Intangible asset

 

Intangible asset relates to the right-of-use of an electric power facility for a period of 156 months. As at December 31, 2025, there were 84 months remaining of the amortization period.

 

   As at
December 31,
   As at
December 31,
 
   2025   2024 
Cost  $1,680,000   $1,680,000 
Accumulated amortization   (753,661)   (624,431)
Intangible assets, net  $926,339   $1,055,569 

 

During the year ended December 31, 2025 and 2024 the Corporation recognized amortization expense of $129,230 and $129,229, respectively, related to intangible assets.