| Lease Liabilities |
Lease Liabilities
ZenaTech leases office and warehouse space in multiple locations under long-term leases with terms ranging from more than 1 years to 10 years. The following is a summary of these leases and the remaining undiscounted payments by maturity.
Below are tables describing the maturity of the contractual lease and ROU asset as of December 31, 2025.
Maturity analysis
|
| |
Contractual undiscounted cash flows (CAD)
|
|
|
Less than a year
| $
| 1,142,828
|
One to five years
|
| 3,358,418
|
More than 5 years
|
| 83,817
|
Total undiscounted as of December 31, 2025
| $
| 4,585,063
|
Right of Use (ROU) Asset
Right of Use Asset, net
|
| |
ROU asset
| $
| 4,410,982
|
Amortization
|
| (323,329)
|
Total net Right of Use Asset as of December 31, 2025
| $
| 4,087,653
|
Particulars
| Year ended December 31, 2025
|
Depreciation of right-of-use assets
| 323,329
|
Interest expense on lease liabilities
| 76,043
|
Total cash outflow for leases
| 333,180
|
Lease Liability
|
| |
Current
| $
| 921,068
|
Non-current
|
| 3,279,270
|
Total lease liability as of December 31, 2025
| $
| 4,200,338
|
Below are tables describing the maturity of the contractual lease and ROU asset as of December 31, 2024.
Maturity analysis as of December 31, 2024
|
| |
Contractual undiscounted cash flows (CAD)
|
|
|
Less than a year
| $
| 58,979
|
One to five years
|
| 152,365
|
More than 5 years
|
| -
|
Total undiscounted as of December 31, 2024
| $
| 211,344
|
Right of Use (ROU) Asset
Right of Use Asset, net
|
| |
ROU asset
| $
| 279,072
|
Amortization
|
| (68,512)
|
Total net Right of Use Asset as of December 31, 2024
| $
| 210,560
|
Lease Liability
|
| |
Current
| $
| 58,979
|
Non-current
|
| 152,365
|
Total lease liability as of December 31, 2024
| $
| 211,344
|
|