Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Property and equipment

v3.24.1.1.u2
Property and equipment
12 Months Ended
Dec. 31, 2023
Property and equipment  
Property and equipment

9.Property and equipment

Right-of-use

Cost

    

asset

Equipment

Total

Balance, December 31, 2021

 

Additions

114,588

19,696

134,284

Foreign currency translation adjustment

(663)

(663)

Balance, December 31, 2022

114,588

19,033

133,621

Additions

 

4,311

4,311

Balance, December 31, 2023

 

114,588

23,344

137,932

Right-of-use

Accumulated amortization

    

asset

Equipment

Total

Balance, December 31, 2021

 

Amortization

38,195

2,874

41,069

Foreign currency translation adjustment

(126)

(126)

Balance, December 31, 2022

38,195

2,748

40,943

Amortization

 

65,480

7,582

73,062

Balance, December 31, 2023

 

103,675

10,330

114,005

Right-of-use

Carrying values

    

asset

Equipment

Total

At December 31, 2022

76,393

16,285

92,678

At December 31, 2023

10,913

13,014

23,927

The Company entered into an office lease during the year ended December 31, 2022 for which a right-of-use asset was recognized (Note 11).