SEDAR Interim Financial Statements

[
  {
    "companyName": "Miivo Holdings Corp.",
    "reportingPeriodEnd": "2026-02-28",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 4998156,
      "receivables": 13010,
      "marketableSecurities": null,
      "prepaidExpenses": 48749,
      "totalCurrentAssets": 5059915,
      "intangibleAsset": 457697,
      "longTermInvestment": 1,
      "totalNonCurrentAssets": 457698,
      "totalAssets": 5517613,
      "accountsPayableAndAccruedLiabilities": 63005,
      "loanPayable": null,
      "totalCurrentLiabilities": 63005,
      "totalLiabilities": 63005,
      "shareCapital": 7475308,
      "reserves": 411912,
      "deficit": -2432612,
      "totalShareholdersEquity": 5454608,
      "cashPerShare": 0.1732,
      "workingCapitalPerShare": 0.1731,
      "weightedAverageSharesOutstanding": 28867568
    },
    "incomeStatement": {
      "revenue": 83030,
      "advertisingAndPromotion": 83394,
      "consultingFees": 388358,
      "filingFees": 51266,
      "generalAndAdministration": 62335,
      "managementFees": 117335,
      "professionalFees": 60077,
      "shareBasedPayments": 322412,
      "travelMealsAndEntertainment": 44911,
      "lossFromOperatingExpenses": 1047058,
      "foreignExchangeLoss": 1521,
      "interestIncome": 5343,
      "interestRecoveryExpense": -5852,
      "realizedGainLossOnSaleOfMarketableSecurities": -99,
      "unrealizedLossOnMarketableSecurities": null,
      "lossAndComprehensiveLossForPeriod": 1037483,
      "basicLossPerShare": 0.04,
      "dilutedLossPerShare": 0.04,
      "weightedAverageNumberOfCommonSharesOutstandingBasic": 28867568,
      "weightedAverageNumberOfCommonSharesOutstandingDiluted": 28867568
    },
    "cashFlowStatement": {
      "netCashUsedInOperatingActivities": 778334,
      "netCashProvidedByFinancingActivities": 5549088,
      "netCashUsedInInvestingActivities": 456371,
      "changeInCash": 4314383,
      "cashBeginningOfPeriod": 683773,
      "cashEndOfPeriod": 4998156
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Marketable securities",
        "description": "Common shares",
        "ownershipPercentage": null,
        "value": null,
        "notes": "Sold during the period; realized loss of $99"
      },
      {
        "type": "Long-term investment",
        "description": "5% ownership in ExSorbtion Inc.",
        "ownershipPercentage": 5,
        "value": 1,
        "notes": "Written down to nominal value of $1 in fiscal year 2022"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares without par value",
      "issuedShares": 38652790,
      "classesOfShares": ["Common shares"],
      "warrants": [
        {
          "number": 4803200,
          "exercisePrice": 0.75,
          "expiryDate": "2027-07-30"
        }
      ],
      "options": [
        {
          "number": 1215000,
          "exercisePrice": 0.40,
          "expiryDate": "2030-10-21"
        }
      ],
      "rightsOrConvertibleInstruments": "1,095,000 restricted share units granted on October 21, 2025, vesting one year from grant date"
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": ["2026-02-28", "2025-02-28"],
      "namedIndividuals": [
        {
          "name": "Alexander Damouni",
          "title": "Chief Executive Officer",
          "period": "2026-02-28",
          "components": {
            "total": 117335
          }
        },
        {
          "name": "Rabih Brair",
          "title": "Chief Financial Officer",
          "period": "2026-02-28",
          "components": {
            "total": 117335
          }
        },
        {
          "name": "Pransanth Parameswaran (via Otherwise AI FZE)",
          "title": "Chief Technical Officer",
          "period": "2026-02-28",
          "components": {
            "total": 96250
          }
        },
        {
          "name": "Sohrab Jahanbani",
          "title": "Director",
          "period": "2026-02-28",
          "components": {
            "total": 20000
          }
        },
        {
          "name": "Brady Rak (via Resolute Capital Corp.)",
          "title": "Director",
          "period": "2026-02-28",
          "components": {
            "total": 21000
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Otherwise AI FZE",
          "description": "Consulting services for development costs",
          "amount": 96250,
          "period": "2026-02-28"
        },
        {
          "counterparty": "Sohrab Jahanbani",
          "description": "Advisory services",
          "amount": 20000,
          "period": "2026-02-28"
        },
        {
          "counterparty": "Resolute Capital Corp.",
          "description": "Advisory services",
          "amount": 21000,
          "period": "2026-02-28"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-03-18",
        "description": "TSX Venture Exchange issued final acceptance for acquisition of all shares of Tandem Partners, a Dubai-based company owned by CEO, CFO, and a non-principal.",
        "impactValue": null
      }
    ]
  }
]