INCOME TAXES |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | 13. INCOME TAXES As at September 30, 2026, the Company had a valuation allowance of $17.2 million against deferred tax assets as the Company has experienced cumulative losses in recent years (December 31, 2025 – $30.9 million). Management evaluated the positive and negative evidence bearing on realization of the deferred tax asset. The significant evidence considered included the history of cumulative losses in both Canada and the U.S. The Canadian entity continues to accumulate losses which begin to expire in 2037 while the U.S. entity has began to show income in the last 3 years. Based on the weight of the available evidence, management concluded that it is more likely than not that $13.1 million of the gross deferred tax asset will be realized and has recognized a deferred tax asset as at September 30, 2026. For the Canadian entity, we continue to record a valuation allowance as at September 30, 2026. |