v3.26.1
Financial risk management (Tables)
 12 Months Ended
Dec. 31, 2025
Financial Risk Management  
Schedule of amounts receivable

Amounts receivable consist of:

 

   December 31,   December 31, 
   2025   2024 
         
Trade receivables  $1,950   $3,265 
Other miscellaneous receivables   138    102 
           
Amount receivables  $2,088   $3,367 
Schedule of trade receivables by geography

Trade receivables by geography consist of:

 

   December 31,   December 31, 
   2025   2024 
         
United States  $37   $154 
Europe   1,913    338 
Asia/Pacific   -    2,773 
           
Trade receivables  $1,950   $3,265 
Schedule of aging of company’s trade receivables

An aging of the Company’s trade receivables are as follows:

 

   December 31,   December 31, 
   2025   2024 
         
Current  $1,910   $3,236 
31-60 days   38    29 
61-90 days   -    - 
Over 91 days   2    - 
           
Trade receivables  $1,950   $3,265 
Schedule of balances in foreign currencies

The balances in foreign currencies at December 31, 2025, are as follows:

 

(in USD)  Australian Dollar   Canadian Dollar   Euro   British Pound   Indonesian Rupiah   Czech Republic Koruna 
                         
Cash  $-   $20,495   $130   $-   $24   $124 
Trade receivables   3    51    253    133    85    547 
Accounts payable and                              
 accrued liabilities   (2)   (398)   (35)   (17)   (13)   (468)
Project financing   -    (175)   -    -    -    - 
                               
Balances in foreign currencies  $1   $19,973   $348   $116   $96   $203 

 

 

Intermap Technologies corporation

Notes to Consolidated Financial Statements

(In thousands of United States dollars, except per share information)

 

For the years ended December 31, 2025 and 2024

Page 33

 

The balances in foreign currencies at December 31, 2024, are as follows:

 

(in USD)  Australian Dollar   Canadian Dollar   Euro   British Pound   Indonesian Rupiah   Czech Republic Koruna 
                         
Cash  $-   $43   $26   $-   $41   $20 
Trade receivables   4    23    86    100    2,834    113 
Accounts payable and                              
 accrued liabilities   (4)   (548)   (26)   (37)   (200)   (332)
Project financing   -    (167)   -    -    -    - 
Government loans   -    (129)   -    -    -    - 
Bank loan   -    -    -    -    -    (32)
                               
Balances in foreign currencies  $-   $(778)  $86   $63   $2,675   $(231)
Schedule of increase / (decrease) in net earnings

Based on the net exposures at December 31, 2025 and 2024, and if all other variables remain constant, a 10% depreciation or appreciation of the United States dollar against the following currencies would result in an increase / (decrease) in net earnings by the amounts shown below:

 

December 31, 2025                        
   Australian Dollar   Canadian Dollar   Euro   British Pound   Indonesian Rupiah   Czech Republic Koruna 
                         
United States dollar:                              
Depreciates 10%  $-   $(1,997)  $(35)  $(12)  $(10)  $(20)
Appreciates 10%        -    1,997    35    12    10    20 

 

December 31, 2024                        
   Australian Dollar   Canadian Dollar   Euro   British Pound   Indonesian Rupiah   Czech Republic Koruna 
                         
United States dollar:                              
Depreciates 10%  $-   $78   $(9)  $(6)  $(268)  $23 
Appreciates 10%        -    (78)   9    6    268    (23)
Schedule of contractual maturities of the undiscounted cash flows of financial liabilities

The following are the contractual maturities of the undiscounted cash flows of financial liabilities as of December 31, 2025:

 

   In less than 3 months   Between
3 months and 6 months		   Between
6 months and 1 year		   Between
1 year and 2 years		   Between
2 years and 5 years		   Greater than 5 years 
Payment due: 
   In less than 3 months   Between
3 months and 6 months		   Between
6 months and 1 year		   Between
1 year and 2 years		   Between
2 years and 5 years		   Greater than 5 years 
Accounts payable and accrued liabilities  $2,268   $-   $-   $-   $-   $- 
Project financing   -    -    -    175    -    - 
Loan payable   96    96    192    327    738    - 
Lease obligations   94    94    131    125    208    1 
                               
Financial liabilities  $2,458   $190   $323   $627   $946   $1 

 

The following are the contractual maturities of the undiscounted cash flows of financial liabilities as of December 31, 2024:

 

   In less than 3 months   Between
3 months and 6 months		   Between
6 months and 1 year		   Between
1 year and 2 years		   Between
2 years and 5 years		   Greater than 5 years 
Payment due: 
   In less than 3 months   Between
3 months and 6 months		   Between
6 months and 1 year		   Between
1 year and 2 years		   Between
2 years and 5 years		   Greater than 5 years 
Accounts payable and accrued liabilities  $4,409   $217   $200   $-   $-   $- 
Project financing   -    -    -    167    -    - 
Government loans   31    31    70    8    26    181 
Bank loan   9    9    16    -    -    - 
Loan payable   31    31    62    124    66    - 
Lease obligations   93    96    145    128    50    3 
                               
Financial liabilities  $4,573   $384   $493   $427   $142   $184