v3.26.1
Discontinued operations (Tables)
 3 Months Ended
Mar. 31, 2026
Notes and other explanatory information [abstract]  
Schedule of discontinued assets and liabilities

The following tables summarize the financial information related to the German subsidiaries on March 27, 2026, which was immediately prior to deconsolidation:

  

As of

March 27, 2026

 
   $ 
ASSETS     
Current assets     
Cash and cash equivalents   30 
Trade and other receivables   52 
Inventories   53 
Prepaid expenses and other assets   27 
Total current assets   162 
Non-current assets     
Restricted cash and cash equivalents   52 
Property and equipment (note 6)   44 
Total non-current assets   96 
Total assets   258 
      
LIABILITIES     
Current liabilities     
Accounts payable and accrued liabilities   (267)
Provisions   (72)
Income taxes payable   (115)
Current portion of lease liabilities   (29)
Total current liabilities   (483)
Non-current liabilities     
Deferred revenues (note 3)   (1,024)
Lease liabilities   (13)
Employee future benefits (note 8)   (10,639)
Total non-current liabilities   (11,676)
Total liabilities   (12,159)
      
Total net liabilities   (11,900)

 

   $ 
     
Carrying amount of net liabilities deconsolidated   (11,900)
Reclassification of foreign currency translation adjustments   607 
Gain on deconsolidation   11,293 
Schedule of discontinued profit or loss

The key components of the operating results of the discontinued operations for the German subsidiaries are as follows:

 

       
  

Three months ended

March 31,

 
   2026   2025 
   $   $ 
         
Revenues   18    113 
Cost of sales   (3)   (39)
Gross profit   15    74 
           
Research and development   108    637 
Selling, general and administrative   246    395 
Total operating expenses   354    1,032 
Loss from operations   (339)   (958)
           
Foreign exchange gain (loss)   7    (25)
Finance costs   (21)   (1)
Other income   -    3 
Net loss from discontinued operations   (353)   (981)
Gain on deconsolidation   11,293    - 
Income (loss) from discontinued operations, net of tax   10,940    (981)
Basic income (loss) per share (note 12)   3.48    (0.31)
Diluted income (loss) per share (note 12)   2.95    (0.31)
Schedule of discontinued cash flows

Cash flows provided by (used in) discontinued operations were:

 

       
  

Three months ended

March 31,

 
   2026   2025 
   $   $ 
Net cash used in operating activities   (441)   (1,478)
Net cash used in financing activities   300    1,684 
Net cash provided by investing activities   -    1 
Effect of exchange rate changes on cash and cash equivalents   7    61 
Net change in cash and cash equivalents   (134)   268 
Cash and cash equivalents – Beginning of period   164    353 
Cash and cash equivalents – End of period   30    621