| General and Administrative Expenses |
| 21. |
General and Administrative Expenses:
|
General and administrative expenses are analyzed as follows:
| |
|
Six months ended
June 30,
|
|
|
Six months ended
June 30,
|
|
| |
|
2025
|
|
|
2026
|
|
|
Non-executive directors’ compensation
|
|
$
|
63,000
|
|
|
$
|
63,000
|
|
|
Director fees (subsidiaries)
|
|
|
98,317 |
|
|
|
139,984 |
|
| Audit fees |
|
|
959,129 |
|
|
|
528,455 |
|
|
Professional fees and other expenses
|
|
|
3,684,680 |
|
|
|
2,929,760 |
|
Personnel expenses
|
|
|
2,134,402 |
|
|
|
2,300,130 |
|
Office and IT expenses (including rent)
|
|
|
844,593 |
|
|
|
759,500 |
|
Share based compensation
|
|
|
115,044 |
|
|
|
125,430 |
|
Administration fees-related party (Note 3(a))
|
|
|
1,648,570 |
|
|
|
1,691,764 |
|
|
Total
|
|
$
|
9,547,735
|
|
|
$
|
8,538,023
|
|
|