PROPERTY, EQUIPMENT AND LEASEHOLDS

3 Months Ended

Mar. 31, 2026

Property, Plant, and Equipment [Abstract]

PROPERTY, EQUIPMENT AND LEASEHOLDS

6. PROPERTY, EQUIPMENT AND LEASEHOLDS

	March 31, 2026		Accumulated		March 31, 2026
	Cost		Depreciation		Net
Buildings and improvements	$	11,219,850	$	5,039,730	$	6,180,120
Automobiles		173,659		97,956		75,703
Office equipment		148,702		121,732		26,970
Manufacturing equipment		19,719,651		8,395,110		11,324,541
Land		299,027		—		299,027
Technology		98,005		98,005		—
	$	31,658,894	$	13,752,533	$	17,906,361

	December 31, 2025		Accumulated		December 31, 2025
	Cost		Depreciation		Net
Buildings and improvements	$	11,087,175	$	4,904,582	$	6,182,593
Automobiles		190,933		108,304		82,629
Office equipment		133,990		121,386		12,604
Manufacturing equipment		17,636,508		8,071,269		9,565,239
Land		299,027		—		299,027
Technology		99,671		99,671		—
	$	29,447,304	$	13,305,212	$	16,142,092

Amount of depreciation expense for three months ended March 31, 2026 was: $469,495 (2025 - $425,198) and is included in cost of sales in the condensed interim consolidated statements of operations and comprehensive income (loss).

In late 2025, management committed to a plan to sell the 14,000 sq. ft. former manufacturing facility located in Mendota, IL. As of March 31, 2026 and December 31, 2025, the carrying value of the property has been reclassified to Property Held for Sale on the consolidated balance sheet at its estimated net realizable value of $425,000.