11.Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities outstanding at June 30, 2026, and December 31, 2025 are as follows: | | | | | | | | | June 30 | | December 31 | | | 2026 | | 2025 | Accounts payable | | $ | 1,682 | | $ | 2,277 | Accrued liabilities (1) (2) | | | 50,414 | | | 43,771 | | | $ | 52,096 | | $ | 46,048 |
| (1) | The accrued liabilities balance for both periods include $0.7 million of underutilization fees payable to the related parties under 2024 Credit facility (Note 16). |
| (2) | As at June 30, 2026, accrued liabilities totaled $50.4 million (December 31, 2025: $43.8 million), of which $40.5 million relates to Allseas (Note 6) (December 31, 2025: $34.2 million). |
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