v3.25.4
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

8.

PROPERTY AND EQUIPMENT

The following is a summary of the carrying values of property and equipment:

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​

​

​

  ​ ​ ​

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  ​ ​ ​

Vehicles 

  ​ ​ ​

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  ​ ​ ​

Leasehold

  ​ ​ ​

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​

  ​ ​ ​

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​

​

​

Land and

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and

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Right-of-

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improve-

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​

​

​

​

​

​

​

buildings

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equipment

​

use assets

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ments

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Furniture

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Total

Cost

 

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  ​

 

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

Balance, January 1, 2024

​

$

12,228,068

​

$

1,860,156

​

$

497,263

​

$

125,848

​

$

28,487

​

$

14,739,822

Additions

​

 

—

​

 

604,534

​

 

—

​

 

—

​

 

13,992

​

 

618,526

Foreign exchange movement

​

 

1,074,694

​

 

162,606

​

 

—

​

 

—

​

 

—

​

 

1,237,300

Balance, December 31, 2024

​

$

13,302,762

​

$

2,627,296

​

$

497,263

​

$

125,848

​

$

42,479

​

$

16,595,648

Additions

​

 

—

​

 

361,834

​

 

168,673

​

 

79,681

​

 

49,165

​

 

659,353

Foreign exchange movement

​

 

(576,397)

​

 

(161,720)

​

 

—

​

 

—

​

 

—

​

 

(738,117)

Balance, December 31, 2025

​

$

12,726,365

​

$

2,827,410

​

$

665,936

​

$

205,529

​

$

91,644

​

$

16,516,884

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Accumulated depreciation

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

Balance, January 1, 2024

​

$

—

​

$

89,991

​

$

8,553

​

$

2,161

​

$

489

​

$

101,194

Depreciation

​

 

—

​

 

101,794

​

 

121,737

​

 

30,922

​

 

7,699

​

 

262,152

Balance, December 31, 2024

​

$

—

​

$

191,785

​

$

130,290

​

$

33,083

​

$

8,188

​

$

363,346

Depreciation

​

 

—

​

 

123,420

​

 

149,891

​

 

47,431

​

 

19,632

​

 

340,374

Balance, December 31, 2025

​

$

—

​

$

315,205

​

$

280,181

​

$

80,514

​

$

27,820

​

$

703,720

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Net book value:

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  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

Balance, December 31, 2024

​

$

13,302,762

​

$

2,435,511

​

$

366,973

​

$

92,765

​

$

34,291

​

$

16,232,302

Balance, December 31, 2025

​

$

12,726,365

​

$

2,512,205

​

$

385,755

​

$

125,015

​

$

63,824

​

$

15,813,164

​