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Convertible debentures (Tables)
12 Months Ended
Dec. 31, 2024
Borrowings [abstract]  
Summary of Movement of Debentures

The following outlines the movement of the Debentures from December 15, 2023, to December 31, 2024:

 

 

($)

Face value of the Debentures issued on December 15, 2023

 

40,000

Less: Transaction costs and fees

 

(943)

Less: Redemption Option classified as an embedded derivative (Note 9)

 

(1,951)

Less: Equity component of convertible debentures issued for cash

 

(14,578)

Finance costs

 

235

Balance at December 31, 2023

 

22,763

Finance costs

 

5,968

Interest paid

 

(3,833)

Balance at December 31, 2024

 

24,898