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v3.25.1

LEASE OBLIGATIONS (Tables) | 12 Months Ended
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Dec. 31, 2024
Lease Obligations |
SCHEDULE OF LEASE OBLIGATIONS | SCHEDULE OF LEASE OBLIGATIONS
|  | December 31, 2024 |  |  | December 31, 2023 |
Opening balance |  | $ | 640,307 |  |  | $ | 939,005 |
Additions in the year |  |  | 288,753 |  |  |  | 42,393 |
Interest expense |  |  | 29,460 |  |  |  | 16,637 |
Foreign exchange |  |  | - |  |  |  | (31,643 | )
Lease payments |  |  | (323,781 | ) |  |  | (326,041 | )
Total leases |  |  | 634,739 |  |  |  | 640,307 |
Due within one year |  |  | (296,366 | ) |  |  | (254,668 | )
Ending balance |  | $ | 338,373 |  |  | $ | 385,639 |
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS | Future minimum lease payments are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS
|  | December 31, 2024 |  |  | December 31, 2023 |
Year 1 |  | $ | 301,647 |  |  | $ | 254,668 |
Year 2 |  |  | 157,194 |  |  |  | 194,261 |
Year 3 |  |  | 175,898 |  |  |  | 191,378 |
Year 4 and thereafter |  |  | - |  |  |  | - |
Total lease obligation |  | $ | 634,739 |  |  | $ | 640,307 |
Less finance expenses |  |  | - |  |  |  | - |
Lease Obligations |  | $ | 634,739 |  |  | $ | 640,307 |

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