PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

	September 30, 2025		Accumulated		September 30, 2025
	Cost		Depreciation		Net
Buildings and improvements	$	11,015,384	$	4,753,805	$	6,261,579
Automobiles		199,845		142,515		57,330
Office equipment		131,856		120,191		11,665
Manufacturing equipment		17,410,126		7,752,564		9,657,562
Land		384,027		—		384,027
Technology		97,991		97,991		—
	$	29,239,229	$	12,867,066	$	16,372,163

	December 31, 2024		Accumulated		December 31, 2024
	Cost		Depreciation		Net
Buildings and improvements	$	12,795,750	$	4,521,212	$	8,274,538
Automobiles		196,255		168,807		27,448
Office equipment		124,526		117,011		7,515
Manufacturing equipment		15,318,758		6,922,667		8,396,091
Land		440,592		—		440,592
Technology		94,945		94,945		—
	$	28,970,826	$	11,824,642	$	17,146,184

Amount of depreciation expense for three months ended September 30, 2025 was $444,922 (2024 - $448,131); the amount of depreciation expenses for the nine months ended September 30, 2025 was $1,325,015 (2024 - $1,307,655) and is included in cost of sales in the unaudited interim condensed consolidated statements of operations and comprehensive income.

At September 30, 2025, the Company also had a building and land under contract for sale with a carrying value of $2,759,174. This amount is included as a current asset on the unaudited condensed interim consolidated balance sheets and not included in the table above. The sale completed in October 2025 (see Note 13).