Lease obligations (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Lease obligations |
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| Lease Obligations |
| | For the year ended December 31, | | | | 2025 | | | 2024 | | Opening balance, January 1 | | $ | 2,301,542 | | | $ | 595,517 | | Additions | | | - | | | | 2,252,803 | | Operating lease payments | | | (240,676 | ) | | | (364,712 | ) | Finance lease principal payments | | | (565,969 | ) | | | (359,706 | ) | Lease accretion | | | 113,041 | | | | 99,803 | | Foreign exchange | | | (34,636 | ) | | | 77,837 | | Closing Balance | | | 1,573,302 | | | | 2,301,542 | | Current portion of lease obligations | | | 752,378 | | | | 693,607 | | Long-term lease obligations | | | 820,924 | | | | 1,607,935 | |
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| Maturity of Lease Liabilities |
Maturity of lease liabilities: | | Finance Lease1. | | | Operating Leases | | | Total | | 2026 | | | 661,816 | | | | 240,391 | | | | 902,207 | | 2027 | | | 111,248 | | | | 237,252 | | | | 348,500 | | 2028 | | | - | | | | 237,252 | | | | 237,252 | | 2029 | | | - | | | | 237,252 | | | | 237,252 | | 2030 | | | - | | | | 177,939 | | | | 177,939 | | Total lease payments | | | 773,064 | | | | 1,130,086 | | | | 1,903,150 | | Less imputed interest | | | (55,078 | ) | | | (274,770 | ) | | | (329,848 | ) | Total discounted lease payments | | | 717,986 | | | | 855,316 | | | | 1,573,302 | | Current portion of lease obligations | | | 608,404 | | | | 143,974 | | | | 752,378 | | Non-current portion of lease obligations | | | 109,582 | | | | 711,342 | | | | 820,924 | |
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| Schedule of Non-cash lease amortization and accretion |
| | For the years ended December 31, | | | | 2025 | | | 2024 | | | 2023 | | Amortization of lease incentives and other | | $ | (5,672 | ) | | $ | (9,997 | ) | | $ | (8,099 | ) | ROU asset amortization | | | 127,634 | | | | 263,627 | | | | 600,911 | | Lease liability accretion | | | 113,041 | | | | 99,803 | | | | 90,378 | | | | | 235,003 | | | | 353,433 | | | | 683,190 | |
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