v3.26.1
FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about financial instruments [abstract]  
SCHEDULE OF TRADE RECEIVABLES

The Company’s aging of trade receivables (Note 5) were as follows:

 

   December 31, 2025   December 31, 2024 
0 – 30 days  $101,615   $46,559 
31 – 60 days   -    41,808 
61 + days   4,296    25,055 
Trade receivables  $105,911   $113,422 
SCHEDULE OF FINANCIAL LIABILITIES

The Corporation has financial liabilities with the following maturities as at December 31, 2025:

 

                   
   Contractual cash flows 
   Up to 1 year   1 to 2 years   2 to 3 years   3 to 4 years   5 year and over   Total 
Trade payables (Note 8)  $226,315   $-   $-   $-   $-   $226,315 
Long term loan and unpaid interest (Note 11)   -    -    -    -    -    - 
Financial liabilities  $226,315   $-   $-   $-   $-   $226,315 

 

The Corporation has financial liabilities with the following maturities as at December 31, 2024:

 

                   
   Contractual cash flows 
   Up to 1 year   1 to 2 years   2 to 3 years   3 to 4 years   5 year and over   Total 
Trade payables (Note 8)  $322,235   $-   $-   $-   $-   $322,235 
Long term loan and unpaid interest (Note 11)   40,769    -    -    -    -    40,769 
Financial liabilities  $363,004   $-   $-   $-   $-   $363,004 
SCHEDULE OF CHANGES IN FAIR VALUE

The table below demonstrates the sensitivity test to a reasonable possible change in the exchange rate of the US dollar, with all other variables unchanged. The impact on the Company’s pre-tax profit and loss arises from changes in the fair value of the assets and financial liabilities is as follows:

 

   Change in the
USD exchange rate
   Impact on
pre-tax profit
 
December 31, 2025   5% increase   $(758,594)
    5% decrease    758,594 
December 31, 2024   5% increase    (221,050)
    5% decrease   $221,050