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RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2024

Notes and other explanatory information [abstract]

RELATED PARTY TRANSACTIONS

16. RELATED PARTY TRANSACTIONS

Compensation to key management personnel were as follows:

 SCHEDULE OF COMPENSATION TO KEY MANAGEMENT PERSONNEL

		2024				2023				2022
Salaries		$	2,435,726			$	2,245,853			$	2,244,111
Share-based payments (1)			3,021,067				2,411,669				1,997,891
Total		$	5,456,793			$	4,657,522			$	4,242,002

(1) Share-based payments are the fair value of options granted to key management personnel and expensed during the various years as calculated using the Black-Scholes model.

All transactions with related parties have occurred in the normal course of operations and are measured at the exchange amounts, which are the amounts of consideration established and agreed to by the related parties.

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- Definition

The entire disclosure for related parties.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 24
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-URIDate 2024-03-27

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