The Company’s accounts receivable composition is as follows:
| Schedule of accounts receivable composition |
|
|
|
|
|
|
|
|
| |
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| |
|
$ |
|
|
$ |
|
| Trade receivables |
|
|
3,645,842 |
|
|
|
1,851,254 |
|
| Allowance for credit losses |
|
|
(748,239 |
) |
|
|
(420,614 |
) |
| Taxes receivable |
|
|
10,667 |
|
|
|
126,485 |
|
| |
|
|
2,908,270 |
|
|
|
1,557,125 |
|
Taxes receivable relate to goods and services taxes receivable from the Government of Canada.
The continuity of the allowance for credit losses is as follows:
| Schedule of doubtful accounts |
|
|
|
|
|
|
|
|
| |
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| |
|
$ |
|
|
$ |
|
| Balance, beginning of the year |
|
|
420,614 |
|
|
|
373,393 |
|
| Provisions for bad debt |
|
|
730,508 |
|
|
|
360,000 |
|
| Write-offs |
|
|
(402,883 |
) |
|
|
(312,779 |
) |
| Balance, end of the year |
|
|
748,239 |
|
|
|
420,614 |
|
|