| RIGHT OF USE ASSETS |
The
Company has three leases with expiration dates of January 31, 2027, and September 30, 2028.
SCHEDULE
OF RIGHT OF USE ASSETS
| | |
Total | |
| Cost | |
| | |
| Balance at December 31, 2025, and 2024 | |
$ | 1,455,039 | |
| Additions | |
| 36,110 | |
| Balance at June 30, 2026 | |
| 1,491,149 | |
| | |
| | |
| Accumulated depreciation | |
| | |
| Balance at December 31, 2024 | |
$ | 1,082,695 | |
| Charge
for the year | |
| 142,728 | |
| Balance at December 31, 2025 | |
$ | 1,225,423 | |
| Charge
for the period | |
| 73,099 | |
| Balance at June 30, 2026 | |
$ | 1,298,522 | |
| | |
| | |
| Net book value: | |
| | |
| December 31, 2025 | |
$ | 229,616 | |
| June 30, 2026 | |
$ | 192,627 | |
Depreciation
expense for the three and six month period ended June 30, 2026 in the amount of $1,529 (2025 - $1,996) and $2,115
respectively (2025 - $3,992) is included in the cost of sales.
SCHEDULE OF RIGHT OF USE ASSETS RELATED TO LEASES
| ROU Assets consist of the following: | |
June
30, 2026 | | |
December
31,2025 | |
| Buildings | |
$ | 192,627 | | |
$ | 229,616 | |
|