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RIGHT OF USE ASSETS, NET
 12 Months Ended
Dec. 31, 2024
Right Of Use Assets Net  
RIGHT OF USE ASSETS, NET

 

7. RIGHT OF USE ASSETS, NET

 

   December 31, 2024   December 31, 2023 
Opening balance  $630,793   $887,137 
Additions in the year   288,753    42,393 
Foreign exchange   16,064    18,555 
Amortization in the year   (353,125)   (317,292)
Closing balance  $582,485   $630,793 

 

Allocation of the right of use assets is as follows:

 

   December 31, 2024   December 31, 2023 
Office lease  $486,544   $518,787 
Car leases   95,941    112,006 
Right of use assets, total  $582,485   $630,793 

 

 

Siyata Mobile Inc.

Notes to the Consolidated Financial Statements

(Expressed in US dollars)

As at and for the years ended December 31, 2024 and 2023