SEDAR Interim Financial Statements

[
  {
    "companyName": "Kelso Technologies Inc.",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 835098,
      "accountsReceivable": 870872,
      "prepaidExpenses": 105535,
      "inventory": 2670484,
      "assetsHeldForSale": 0,
      "propertyPlantAndEquipment": 2034647,
      "intangibleAssets": 1,
      "totalAssets": 6516637,
      "accountsPayableAndAccruedLiabilities": 1501498,
      "incomeTaxPayable": 12524,
      "currentPortionOfLeaseLiability": 56997,
      "rsuLiability": 17730,
      "totalCurrentLiabilities": 1588749,
      "longTermPortionOfLeaseLiability": 31545,
      "totalLiabilities": 1620294,
      "capitalStock": 27335459,
      "reserves": 4799204,
      "deficit": -27238320,
      "totalEquity": 4896343
    },
    "incomeStatement": {
      "revenues": 8609426,
      "costOfGoodsSold": 4957967,
      "grossProfit": 3651459,
      "managementFees": 593000,
      "consultingAndFilingFees": 95132,
      "investorRelations": 0,
      "accountingAndLegal": 430512,
      "officeAndAdministration": 1458683,
      "research": 203801,
      "travel": 90609,
      "marketing": 275844,
      "foreignExchangeLossGain": -226114,
      "amortization": 11222,
      "totalExpenses": 2932689,
      "incomeLossBeforeOtherItems": 718770,
      "saleOfPropertyPlantAndEquipment": 0,
      "writeOffOfInventory": 0,
      "otherMiscIncome": 34000,
      "netIncomeLossBeforeTaxes": 752770,
      "incomeTaxRecoveryExpense": 10036,
      "netIncomeLossFromContinuingOperations": 762806,
      "netIncomeLossFromDiscontinuedOperations": -95493,
      "netComprehensiveIncomeLoss": 667313,
      "weightedAverageSharesOutstanding": 55160086
    },
    "cashFlowStatement": {
      "netIncomeLossFromContinuingOperations": 762806,
      "amortizationOfEquipmentAndPatent": 73586,
      "shareBasedExpense": 0,
      "unrealizedForeignExchange": -226114,
      "lossGainOnSaleOfAssets": 0,
      "gainOnRepurchaseOfRSUs": 0,
      "gainOnRevaluationOfDerivativeWarrantLiability": 0,
      "writeOffOfInventory": 0,
      "changesInAccountsReceivable": 205377,
      "changesInPrepaidExpensesAndDeposit": -105535,
      "changesInInventory": 372265,
      "changesInAccountsPayableAndAccruedLiabilities": -468772,
      "changesInIncomeTaxPayable": -55500,
      "cashFromOperatingActivitiesContinuing": 558113,
      "cashFromOperatingActivitiesDiscontinued": -204781,
      "netCashFromOperatingActivities": 353332,
      "acquisitionOfPropertyPlantAndEquipment": 0,
      "acquisitionOfIntangibleAssets": 0,
      "cashFromInvestingActivitiesContinuing": 0,
      "cashFromInvestingActivitiesDiscontinued": 114269,
      "netCashFromInvestingActivities": 114269,
      "issuanceOfCommonShares": 0,
      "repurchaseOfRSUs": 0,
      "leaseLiabilityPayments": 0,
      "cashFromFinancingActivitiesContinuing": 0,
      "cashFromFinancingActivitiesDiscontinued": -11764,
      "netCashFromFinancingActivities": -11764,
      "foreignExchangeEffectOnCash": 226114,
      "inflowOutflowOfCash": 681951,
      "cashBeginningOfPeriod": 153147,
      "cashEndOfPeriod": 835098
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares and 5,000,000 Class A preferred shares",
      "issuedShares": 55160086,
      "classesOfShares": ["common", "Class A preferred"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "USD",
      "periods": {
        "2025-09-30": {
          "managementFees": 593000,
          "directorsFees": 95625
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-10-06",
        "description": "Appointment of CBIZ CPAs P.C. as new auditor following resignation of Smythe LLP.",
        "impactValue": null
      }
    ]
  }
]