XML 122 R74.htm IDEA: XBRL DOCUMENT v3.26.1
Capital management (Tables)
12 Months Ended
Dec. 31, 2025
Capital Management  
Schedule of Debt to Capital Ratio

The debt to capital ratios as of December 31, 2025 and 2024 were as follows:

 

   As of   As of 
   December 31, 2025   December 31, 2024 
Total borrowings  $12,642,862   $10,037,519 
Less: Cash and cash equivalents   (97,669)   (649,106)
Net debt   12,545,193    9,388,413 
Total (deficit) equity   (6,777,635)   12,999,263 
Total capital  $5,767,558   $22,387,676 
Gearing ratio   218%   42%