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EQUIPMENT
12 Months Ended
Dec. 31, 2023
Disclosure Equipment Abstract  
EQUIPMENT

10. EQUIPMENT

 

   Computer Equipment   Furniture and Equipment   Leasehold Improvements   Software   Vehicles   Total 
   Computer Equipment   Furniture and Equipment   Leasehold Improvements   Software   Vehicles   Total 
Cost                        
Balance at December 31, 2021  $54,110   $342,472   $4,352   $29,967   $36,033   $466,934 
Additions   60,240    528,080    -    -    -    588,320 
Disposals   (18,688)   (36,099)   (4,352)   (29,967)   -    (89,106)
Balance at December 31, 2022  $95,662   $834,453   $-   $-   $36,033   $966,148 
Additions   58,611    320,941    86,530    -    24,310    490,394 
Disposals   (21,000)   (115,204)   -    -    -    (136,204)
Balance at December 31, 2023  $133,273   $1,040,192   $86,530   $-   $60,343   $1,320,338 
                               
Accumulated depreciation                              
Balance at December 31, 2021  $25,291   $102,277   $4,352   $24,737   $13,234   $169,891 
Charge for the year   32,627    433,855    -    -    3,435    469,917 
Disposals   (15,920)   (33,342)   (4,352)   (24,737)   -    (78,351)
Balance at December 31, 2022  $41,998   $502,790   $-   $-   $16,669   $561,457 
Charge for the year   22,762    112,361    6,790    -    12,497    154,410 
Disposals   (6,582)   (69,748)   -    -    -    (76,330)
Balance at December 31, 2023  $58,178   $545,403   $6,790   $-   $29,166   $639,537 
                               
Net book value:                              
December 31, 2022  $53,664   $331,663   $-   $-   $19,364   $404,691 
December 31, 2023  $75,095   $494,789   $79,740   $-   $31,177   $680,801 

 

During the year ended December 31, 2022 $508,607 of inventory that was used for rental services was transferred to equipment.

 

 

Draganfly Inc.

Notes to the Consolidated Financial Statements

For the Year Ended December 31, 2023

Expressed in Canadian Dollars