Financial expenses (Tables)

12 Months Ended

Dec. 31, 2025

Notes and other explanatory information [abstract]

Schedule of financial expenses

	12/31/2025			12/31/2024
Financial income		2,226			3,883
Financial expenses
Interest accrued on loans and export prepayment expenses (1)		(20,204	)		(20,954	)
Contractual penalty fee		(987	)		(4,898	)
Foreign exchange on tax/fees		(2,104	)		(3,869	)
Interest and late payment penalties on taxes		(1,830	)		(1,229	)
Accretion of leases and asset retirement obligation		(643	)		(525	)
Other expenses		(430	)		(553	)
		(26,198	)		(32,028	)
Foreign exchange variation on net assets (2)		13,652			(32,806	)
Financial expenses, net total		(10,320	)		(60,951	)

(1) In the year ended December 31, 2025 interest accrued on loans and export prepayment expenses comprised $6,185 related to export prepayment agreements, $2,780 to financing agreements with BDMG and $11,239 to long-term export prepayment – Synergy.

(2) The Brazilian Real appreciated by 11.1% against the US Dollar in the year ended December 31, 2025. This variation is non-cash and primarily affects provisions and accruals.