XML 62 R42.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Components of Property and Equipment

Property, plant and equipment, other than land and construction in progress, are depreciated using the straight-line method over the estimated useful lives of the respective assets as follows:


			Useful Lives
Building			20 years
Manufacturing equipment			3 to 10 years
Laboratory Equipment			3 to 5 years
Software, Electronic and Office Equipment			3 to 5 years
Leasehold Improvements			Lesser of useful life or lease term

Property, plant and equipment, net are recorded at cost less accumulated depreciation and consisted of the following:


	As of December 31,
	2024	2023
	$	$
Land	65,485	65,485
Building	607,857	231,656
Manufacturing equipment	244,255	186,856
Laboratory equipment	240,885	205,349
Software, electronics and office equipment	100,348	83,281
Leasehold improvements	64,680	60,124
Property and equipment, at cost	1,323,510	832,751
Less: Accumulated depreciation	(399,105)	(249,212)
Construction in progress	654,018	740,615
Property, plant and equipment, net	1,578,423	1,324,154

CIP by fixed asset class are summarized as follows:


	As of December 31,
	2024	2023
	$	$
Building	528,629	579,649
Manufacturing equipment	89,897	119,380
Laboratory equipment	9,805	16,135
Other	25,687	25,451
Total	654,018	740,615