5. CAPITAL ADVANCE / PROPERTY, PLANT AND EQUIPMENT

During the three months ended March 31, 2026, the remaining equipment components cleared U.S. Customs and were delivered to the Company’s Midland facility. Upon delivery and transfer of custody to the Company, the related capital advances were reclassified to property, plant and equipment. As of March 31, 2026, the equipment had not yet been placed in service and, therefore, no depreciation had been recorded. Depreciation will commence in accordance with the Company’s fixed-asset depreciation policy when the equipment is installed and available for its intended use.