v3.26.1
Financial Instruments and Financial Risk Management (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, All Other Investments [Abstract]  
Schedule of Financial Instruments

The following table summarizes the Company’s financial instruments as of March 31, 2026:

    

Financial assets:  Amortized Cost   Fair Value   Total 
Cash  $-   $5,755,972   $5,755,972 
Accounts receivable  $2,634,041   $-   $2,634,041 
                
Financial liabilities:               
Accounts payable and other accrued liabilities  $5,210,220   $-   $5,210,220 
Notes payable  $10,529,806   $-   $10,529,806 
Derivative liabilities  $-   $11,514,895   $11,514,895 
Lease liabilities  $1,777,743   $-   $1,777,743 

 

The following table summarizes the Company’s financial instruments as of December 31, 2025:

 

Financial assets:  Amortized Cost   Fair Value   Total 
Cash  $-   $2,190,722   $2,190,722 
Accounts receivable  $1,592,653   $-   $1,592,653 
                
Financial liabilities:               
Accounts payable and other accrued liabilities  $4,768,534   $-   $4,768,534 
Notes payable  $10,784,756   $-   $10,784,756 
Derivative liabilities  $-   $8,893,600   $8,893,600 
Lease liabilities  $1,819,405   $-   $1,819,405 
Schedule of Contractual Obligations

The Company has the following contractual obligations as of March 31, 2026:

    

   <1 Year   1 to 3 Years   3 to 5 Years   > 5 Years   Total 
Accounts payable and other accrued liabilities  $5,210,220   $-   $-   $-   $5,210,220 
Related party payables  $1,423,902   $-   $-   $-   $1,423,902 
Tax payable  $80,411   $16,190,724   $-   $-   $16,271,135 
Notes Payable  $864,557   $8,665,249   $1,000,000   $-   $10,529,806 
Derivative liabilities  $-   $11,514,895   $-   $-   $11,514,895 
Lease liabilities  $167,154   $98,395   $405,096   $1,107,098   $1,777,743 

 

The Company has the following contractual obligations as of December 31, 2025:

 

   <1 Year   1 to 3 Years   3 to 5 Years   > 5 Years   Total 
Accounts payable and other accrued liabilities  $4,768,534   $-   $-   $-   $4,768,534 
Related party payables  $1,916,770   $-   $-   $-   $1,916,770 
Tax payable  $161,770   $15,219,548   $-   $-   $15,381,318 
Convertible debentures  $-   $-   $-   $-   $- 
Notes Payable  $1,001,395   $8,783,361   $1,000,000   $-   $10,784,756 
Derivative liabilities  $-   $8,893,600   $-   $-   $8,893,600 
Lease liabilities  $160,285   $399,215   $113,155   $1,146,750   $1,819,405