Income taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income taxes

Schedule of reconciliation of income taxes at statutory rates with the reported taxes


For the year ended		December 31, 2025			December 31, 2024
Loss before income taxes		$	(24,701)		$	(20,634)
Tax rate			26.5	%		26.5	%
Income tax recovery at statutory rate			(6,546)			(5,468)
Permanent differences			543			1,269
Impact of foreign exchange, foreign tax rates, and changes to tax rates			(1,235)			(56)
Share issuance costs and other timing differences			5			(782)
Adjustment to prior years provision versus statutory tax returns			(750)			—
Income tax benefit not recognized			8,155			5,037
Tax expense/(recovery)			172			—

Schedule of temporary differences have not been recognized


As at		December 31, 2025			December 31, 2024
Non-capital loss carry forwards		$	77,909		$	59,710
Share issuance costs and other			4,183			5,194
Intangible assets			4,314			4,160
Research and development costs			9,343			—
Non-refundable R&D tax credits			1,382			846
			97,131			69,910

Schedule of non-capital loss carry forward expiration by country

Non-capital loss carry forward expiration by country:


Canada		$	77,062		2026-2045
Australia			847		do not expire
			77,909