7. Long-lived Assets, net

September 30,

December 31,

2023

2022

Cost

Accumulated
depreciation

Net book value

Net book value

Land

3,169,512

3,163,941

Property under construction

3,554,896

3,548,648

Composting buildings

2,242,555

805,110

1,437,445

1,535,656

Gore cover system

1,041,373

604,265

437,108

514,306

Driveway and paving

342,805

165,689

177,116

197,336

Machinery and equipment

107,288

103,342

3,946

28,036

Equipment under capital lease

288,185

39,574

Signage

6,113

4,578

1,535

2,447

Automotive equipment

162,829

122,122

40,707

77,208

10,915,556

2,093,291

8,822,265

9,107,152

Depreciation for the three and nine-month periods ended September 30, 2023, is disclosed in cost of sales in the amount of $87,528 (C$117,344) and $301,467 (C$405,633) (2022-$112,731; C$144,564 and $344,196; C$441,390) respectively and in office and administration in the amount of $307 (C$413) and $921 (C$1,240) (2022-$325; C$413 and $967; C$1,240) respectively, in the interim condensed consolidated statements of operations and comprehensive loss.