v3.26.1
RIGHT OF USE ASSETS
3 Months Ended
Mar. 31, 2026
RIGHT OF USE ASSETS

8. RIGHT OF USE ASSETS

 

The Company has three leases with expiration dates of May 31, 2026, January 31, 2027, and September 30, 2028.

 

   Total 
Cost     
Balance at December 31, 2025 and March 31, 2026  $1,455,039 
      
Accumulated depreciation     
Balance at December 31, 2024  $1,082,695 
  Charge for the year   142,728 
Balance at December 31, 2025  $1,225,423 
  Charge for the period   35,681 
Balance at March 31, 2026  $1,261,104 
      
Net book value:     
December 31, 2025  $229,616 
March 31, 2026  $193,935 

 

 

Draganfly Inc.

Notes to the Condensed Consolidated Interim Financial Statements

For the Three Months Ended March 31, 2026

Expressed in Canadian Dollars (unaudited)

 

 

8. RIGHT OF USE ASSET (CONTINUED)

 

Depreciation expense for the period ended March 31, 2026 in the amount of $586 (2025 - $nil) is included in the cost of sales.

 

   March 31, 2026   December 31,2025 
Buildings  $193,935   $229,616