v3.26.1
Intangible Asset
3 Months Ended
Mar. 31, 2026
Intangible Asset [Abstract]  
Intangible asset
6.Intangible asset

 

Intangible asset relates to the right-of-use of an electric power facility for a period of 156 months. As at March 31, 2026, there were 81 months remaining of the amortization period.

 

   As at
March 31,
2026
   As at
December 31,
2025
 
Cost  $1,680,000   $1,680,000 
Accumulated amortization   (785,968)   (753,661)
Intangible assets, net  $894,032   $926,339 

 

During the three months ended March 31, 2026, the Corporation recognized amortization expense of $32,307 (as compared to $32,308 for the three months ended March 31, 2025), related to intangible assets.