SUBSEQUENT EVENTS |
3 Months Ended | ||
|---|---|---|---|
Mar. 31, 2026 | |||
| Subsequent events (Note 25) | |||
| SUBSEQUENT EVENTS |
The Company evaluated subsequent events through the date the financial statements were issued, and determined that the following subsequent events occurred as of that date:
On April 8, 2026, the Company executed an amendment to extend one of its commercial facility leases representing the exercise of a five-year extension option under the original lease agreement. The extended lease term commences on July 1, 2026 and expires on June 30, 2031. Base rent during the extension term begins at $20,000 per month in the first year and increases by 3% annually. The facility, located in Jackson Country, Oregon is leased from the Company’s CEO. The extension has been reflected in the Company’s lease liabilities and right of use assets as an addition at March 31, 2026. |