For the Year ended December 31,

2025

2024

Loss before income tax

(11,059)

(12,905)

Losses for which no deferred tax asset is recognized

11,135

12,966

Taxable income before income taxes

76

61

Company’s domestic tax rate in Canada

27%

27%

Income tax expense based on average statutory tax rate

20

16

Imputed interest over inter-company balances in different jurisdictions

35

(2)

Carryforward net operating losses

(1)

(3)

Different tax rates applied in overseas jurisdictions

(4)

(3)

Expected penalty in the form of interest

3

-

Adjustments in respect of prior‑year income taxes

23

-

Total income tax expense

76

8