| SCHEDULE OF SEGMENTED INFORMATION |
SCHEDULE
OF SEGMENTED INFORMATION
| June 30, 2026 | |
Drones | | |
Corporate | | |
Total | |
| Sales of goods | |
$ | 4,792,509 | | |
| - | | |
| 4,792,509 | |
| Provision of services | |
| 184,081 | | |
| - | | |
| 184,081 | |
| Total
revenue | |
| 4,976,590 | | |
| - | | |
| 4,976,590 | |
| Segment loss (income) | |
| 3,251,589 | | |
| 11,135,340 | | |
| 14,386,929 | |
| Finance and other costs | |
| 1,819,740 | | |
| - | | |
| 1,819,740 | |
| Depreciation | |
| 261,685 | | |
| 1,432 | | |
| 263,117 | |
| Amortization | |
| 3,611 | | |
| - | | |
| 3,611 | |
| Change in fair value of derivative liability | |
| - | | |
| 1,038,800 | | |
| 1,038,800 | |
| Loss on write-off of notes receivable | |
| - | | |
| - | | |
| - | |
| Loss on write down of
inventory | |
| 149,503 | | |
| - | | |
| 149,503 | |
| Net
loss for the period | |
$ | 5,486,128 | | |
| 12,175,572 | | |
| 17,661,700 | |
| June 30, 2025 | |
Drones | | |
Corporate | | |
Total | |
| Sales of goods | |
$ | 3,443,396 | | |
$ | - | | |
$ | 3,443,396 | |
| Provision of services | |
| 219,574 | | |
| - | | |
| 219,574 | |
| Total
revenue | |
| 3,662,970 | | |
| - | | |
| 3,662,970 | |
| Segment loss (income) | |
| 4,301,973 | | |
| 3,704,091 | | |
| 8,006,064 | |
| Finance and other costs | |
| 44,494 | | |
| - | | |
| 44,494 | |
| Depreciation | |
| 142,374 | | |
| 6,090 | | |
| 148,464 | |
| Amortization | |
| 4,514 | | |
| - | | |
| 4,514 | |
| Change in fair value of derivative liability | |
| - | | |
| (22,489 | ) | |
| (22,489 | ) |
| Loss on write-off of notes receivable | |
| - | | |
| 34,185 | | |
| 34,185 | |
| Loss on write down of
inventory | |
| (28,246 | ) | |
| - | | |
| (28,246 | ) |
| Net
loss for the period | |
$ | 4,465,109 | | |
$ | 3,721,877 | | |
$ | 8,186,986 | |
|
| SCHEDULE OF GEOGRAPHIC REVENUE |
SCHEDULE
OF GEOGRAPHIC REVENUE
| | |
June
30, 2026 | | |
December
31, 2025 | |
| Non-current assets | |
| | | |
| | |
| Canada | |
$ | 1,280,392 | | |
$ | 980,758 | |
| United States | |
| 3,619,662 | | |
| 548,473 | |
| | |
$ | 4,900,054 | | |
$ | 1,529,231 | |
Geographic
revenue is measured by aggregating sales based on the country and the entity where the sale was made.
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
For the three
months ended June 30, | | |
For the six
months ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Revenue | |
| | | |
| | | |
| | | |
| | |
| Canada | |
$ | 2,593,318 | | |
$ | 2,111,751 | | |
$ | 4,901,693 | | |
$ | 3,655,834 | |
| United States | |
| 70,919 | | |
| 3,504 | | |
| 74,897 | | |
| 7,136 | |
| Revenue | |
$ | 2,664,237 | | |
$ | 2,115,255 | | |
$ | 4,976,590 | | |
$ | 3,662,970 | |
|