v3.26.1
FINANCIAL INSTRUMENTS
6 Months Ended
Jun. 30, 2026
Investments, All Other Investments [Abstract]  
FINANCIAL INSTRUMENTS

 

20. FINANCIAL INSTRUMENTS

 

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis, categorized within the fair value hierarchy:

 

                   
    Level in
Fair Value
Hierarchy
  June 30,
2026
    December 31,
2025
 
    $   $     $  
Financial Assets:                    
Warrants asset   Level 2     2,355,605       5,103,272  
Derivative asset   Level 2     11,342       -  
                     
Financial Liabilities:                    
Derivative liability   Level 2     -       137,041  
Warrant liabilities   Level 3     1,106,118       -  

 

The fair value of the warrants asset is measured using the Black-Scholes option pricing model with inputs including the underlying share price, risk-free interest rate, expected volatility, and remaining term, consistent with the valuation methodology applied in the Company’s audited consolidated financial statements for the year ended December 31, 2025.