Total

$

Face value of senior secured notes issued

16,500,000

Debt discount

(4,996,758

)

Day 1 value of senior secured notes issued (Restated) (Note 2)

11,503,242

Amortization expenses

1,262,697

Balance at December 31, 2021

12,765,939

Amortization expenses

1,631,127

Balance at December 31, 2022 (Restated) (Note 2)

14,397,066

Partial settlement of principal (Note 15)

(9,159,907

)

Amortization expenses

1,987,011

Balance at December 31, 2023

7,224,170

Amortization expenses

115,923

Balance at December 31, 2024

7,340,093