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Promissory Note
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Promissory Note

 

12.Promissory Note

 

On May 15, 2024, the Company entered into a Stock Purchase Agreement whereby it acquired the remaining 25% of ATHI representing 5,000,000 shares from the minority stockholder for gross proceeds of $1,100,000. The Company paid an initial deposit of $25,000 and on closing an additional $600,000. The Company issued a non-interest bearing promissory note for the remaining balance of $475,000, which promissory note is repayable in instalments of $10,000 a month on each monthly anniversary date of the agreement for months one to eight (eight instalments) and months ten through seventeen (eight instalments), and payments of $157,500 on month nine and month eighteen, for a total of $475,000.

  

          
   December 31,
2024
  December 31,
2023
       
Promissory note issued  $475,000   $   
Repayments   (70,000)      
   $405,000   $   
Disclosed as:          
Current portion  $405,000   $