v3.26.1
Loss of Control of Canmart Ltd (Tables)
12 Months Ended
Dec. 31, 2025
Loss of Control of Canmart Ltd [Abstract]  
Schedule of Financial Performance and Cash Flow Information Set out below is the financial performance and cash flow information for the years ended December 31, 2025 and 2024 related to the discontinued operation:
Years ended December 31,  2025   2024 
Net Revenue  $
   $208,382 
Operating expenses   (31,794)   (560,681)
Other income (expenses)   5,781    395,713 
    (26,013)   43,414 
Gain on loss of control of subsidiary   533,617    
 
Gain on discontinued operations  $507,604   $43,414 
           
Exchange differences on translation of discontinued operations  $(794,635)  $1,099,986 
Other comprehensive income from discontinued operations  $(794,635)  $1,099,986 
           
Cash flows provided by (used in) operating activities  $(21,509)  $49,803 
Cash flows provided by (used in) investing activities   174    (3,189)
Cash flows provided by (used in) financing activities   
    (50,472)
Effects of exchange rate changes on cash and cash equivalents   705    (956)
Net change in cash provided by (used in) by the subsidiary  $(20,630)  $(4,814)
           
Carrying amount of net liabilities immediately prior to loss of control of subsidiary  $(12,825)     
Reclassification of foreign currency translation reserve   (520,792)     
Gain on loss of control of subsidiary  $(533,617)     
Schdule of Carrying Amounts of Assets and Liabilities

As at May 30, 2025, the carrying amounts of assets and liabilities of Canmart were as follows:

 

Cash  $174 
Accounts receivable (note 7)   78,737 
Prepayments   62,461 
Loan receivables (note 13)   592,713 
Property, plant and equipment, net (note 10)   3,067 
Intangible licenses (note 12)   17,009 
Total assets  $754,161 
      
Trade and other payables  $766,986 
Total liabilities  $766,986 
      
Net liabilities  $(12,825)