11.Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities outstanding at March 31, 2026, and December 31, 2025 are as follows: | | | | | | | | | March 31, | | December 31, | | | 2026 | | 2025 | Accounts Payable(1) | | $ | 9,058 | | $ | 2,277 | Accrued Liabilities(2) | | | 44,800 | | | 43,771 | | | $ | 53,858 | | $ | 46,048 |
| (1) | The accounts payable balance includes $0.7 million of underutilization fees payable to the related parties under 2024 Credit facility (Note 16). |
| (2) | As at March 31, 2026, accrued liabilities totaled $44.8 million (December 31, 2025 - $43.8 million), of which $34.1 million relates to Allseas (Note 6) (December 31, 2025 - $34.2 million). |
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