v3.26.1
Promissory Note
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Promissory Note

  

  15. Promissory Note

  

On May 15, 2024, the Company entered into a Stock Purchase Agreement whereby it acquired the remaining 25% of ATHI representing 5,000,000 shares from the minority stockholder for gross proceeds of $1,100,000. The Company paid an initial deposit of $25,000 and on closing an additional $600,000. The Company issued a non-interest bearing promissory note for the remaining balance of $475,000, maturing on November 15, 2025, which promissory note is repayable in instalments of $10,000 a month on each monthly anniversary date of the agreement for months one to eight (eight instalments) and months ten through seventeen (eight instalments), and payments of $157,500 on month nine and month eighteen, for a total of $475,000.  

 

           
   December 31,
2025
  December 31,
2024
Opening balance  $405,000   $   
Promissory note issued
         475,000 
Repayments   (140,000)   (70,000)
   $265,000   $405,000 

 

During the year ended December 31, 2025, the Company repaid $140,000 of the principal outstanding on the promissory note.