Supplemental Cash Flow Information (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Supplemental Cash Flow Information [Abstract] |
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| Schedule of Cash and Cash Equivalents |
Cash and cash equivalents were comprised of the following: | As at June 30, | | 2026 | | 2025 | | Cash | | $ | 367,449 | | $ | 532,894 | | Short-term investments(1) | | | 15,792 | | | 14,492 | | Cash and cash equivalents | | $ | 383,241 | | $ | 547,386 | ____________ (1) Consisted of short-term investments with an original maturity of three months or less or which are available on demand with no penalty for early redemption.
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| Schedule of Income Taxes Paid, Net of Income Taxes Received |
Income taxes paid, net of income taxes received, was comprised of the following: | Six months ended June 30, | | 2026 | | 2025 | | Income taxes paid | | $ | (15,341 | ) | | $ | (10,012 | ) | | Income taxes received | | | 2 | | | | 51 | | | | | $ | (15,339 | ) | | $ | (9,961 | ) |
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| Schedule of Interest Paid, Net of interest Received |
Interest paid, net of interest received, was comprised of the following: | Six months ended June 30, | | 2026 | | 2025 | | Interest paid | | $ | (95,686 | ) | | $ | (103,833 | ) | | Interest received | | | 8,568 | | | | 12,675 | | | | | $ | (87,118 | ) | | $ | (91,158 | ) |
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| Schedule of Reconciliation of the Liabilities Arising from Financing Activities |
The reconciliation of the liabilities arising from financing activities were as follows: | | | Indebtedness | | Satellite
performance
incentive
payments | | Lease
liabilities | | Balance as at January 1, 2026 | | $ | 3,493,607 | | | $ | 12,355 | | | $ | 40,109 | | | Cash inflows | | | 230,286 | | | | — | | | | — | | | Cash outflows | | | — | | | | (1,808 | ) | | | (1,394 | ) | | Non-cash additions | | | — | | | | — | | | | 6,604 | | | Non-cash transfer | | | — | | | | — | | | | (29 | ) | | Amortization of deferred financing costs, prepayment options, warrants and loss on repayment | | | 5,348 | | | | — | | | | — | | | Interest paid | | | — | | | | — | | | | (1,027 | ) | | Interest accrued | | | 28,257 | | | | — | | | | 1,101 | | | Non-cash transfer from deferred charges to indebtedness of debt issue costs and warrants | | | (58,145 | ) | | | — | | | | — | | | Impact of foreign exchange | | | 94,814 | | | | 357 | | | | 104 | | | Balance as at June 30, 2026 | | $ | 3,794,167 | | | $ | 10,904 | | | $ | 45,468 | | | | | Indebtedness | | Satellite
performance
incentive
payments | | Lease liabilities | | Balance as at January 1, 2025 | | $ | 3,096,615 | | | $ | 15,060 | | | $ | 33,375 | | | Cash inflows | | | 340,000 | | | | — | | | | — | | | Cash outflows | | | (4,501 | ) | | | (1,204 | ) | | | (1,552 | ) | | Non-cash additions | | | — | | | | — | | | | 9,112 | | | Amortization of deferred financing costs, prepayment options, warrants and loss on repayment | | | 2,116 | | | | — | | | | — | | | Gain on repurchase of debt | | | (6,896 | ) | | | — | | | | — | | | Interest paid | | | — | | | | — | | | | (1,035 | ) | | Interest accrued | | | 9,493 | | | | — | | | | 1,035 | | | Non-cash transfer from deferred charges to indebtedness of debt issue costs and warrants | | | (85,943 | ) | | | — | | | | — | | | Impact of foreign exchange | | | (164,114 | ) | | | (789 | ) | | | (401 | ) | | Balance as at June 30, 2025 | | $ | 3,186,770 | | | $ | 13,067 | | | $ | 40,534 | |
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| Schedule of Net Change in Operating Assets and Liabilities |
The net change in operating assets and liabilities was comprised of the following: | Six months ended June 30, | | 2026 | | 2025 | | Trade and other receivables | | $ | 4,901 | | | $ | 104,991 | | | Financial assets | | | 410 | | | | (5,686 | ) | | Other assets | | | 3,827 | | | | (8,105 | ) | | Trade and other payables | | | (9,672 | ) | | | (13,750 | ) | | Financial liabilities | | | (288 | ) | | | 544 | | | Other liabilities | | | (8,401 | ) | | | 30,853 | | | | | $ | (9,223 | ) | | $ | 108,847 | |
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| Schedule of Non-Cash Investing Activities |
Non-cash investing activities were comprised of: | Six months ended June 30, | | 2026 | | 2025 | | Satellites, property and other equipment | | $ | 35,691 | | $ | 73,407 |
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