SEDAR Interim Financial Statements

[
  {
    "companyName": "Metasphere Labs Inc.",
    "reportingPeriodEnd": "2025-10-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 21545,
      "accountsReceivable": 61496,
      "prepaidExpenses": 1963,
      "totalCurrentAssets": 85004,
      "accountsPayableAndAccruedLiabilities": 511096,
      "dueToRelatedParties": 30373,
      "totalCurrentLiabilities": 541469,
      "shareCapital": 22169765,
      "warrantReserve": 9762,
      "reserve": 3680002,
      "deficit": -26315994,
      "totalShareholdersDeficiency": -456465,
      "totalLiabilitiesAndShareholdersDeficiency": 85004,
      "cashPerShare": 0.0020,
      "workingCapitalPerShare": -0.0424
    },
    "incomeStatement": {
      "consultingFees": 7529,
      "corporateDevelopmentFees": 15750,
      "developmentCosts": 0,
      "marketing": 330,
      "officeExpenses": 2513,
      "professionalFees": 21654,
      "stockBasedCompensation": 54109,
      "transferAgentAndFilingFees": 11541,
      "totalExpenses": 113426,
      "lossBeforeOtherItems": -113426,
      "interestIncome": 0,
      "totalOtherItems": 0,
      "netComprehensiveLoss": -113426,
      "basicAndDilutedLossPerShare": -0.01,
      "weightedAverageNumberOfCommonSharesOutstanding": 10759113
    },
    "cashFlowStatement": {
      "netIncomeLossForThePeriod": -113426,
      "shareBasedCompensation": 54109,
      "amountsReceivable": -1780,
      "prepaidExpenses": 47,
      "accountsPayableAndAccruedLiabilities": 18974,
      "dueToRelatedParties": 6881,
      "cashUsedInOperatingActivities": -35195,
      "loansRepaidNet": 0,
      "proceedsFromExerciseOfWarrantsAndOptions": 0,
      "subscriptionsReceived": 0,
      "cashReceivedFromFinancingActivities": 0,
      "decreaseInCash": -35195,
      "cashBeginningOfThePeriod": 56740,
      "cashEndOfThePeriod": 21545,
      "cashPaidForInterest": 0,
      "cashPaidForIncomeTaxes": 0
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Subsidiary",
        "description": "Web 3.0 Holdings Corp. (inactive)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Jurisdiction: Canada, Functional Currency: Canadian Dollars"
      },
      {
        "type": "Subsidiary",
        "description": "HOK Technologies Inc.",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Jurisdiction: Canada, Functional Currency: Canadian Dollars"
      },
      {
        "type": "Subsidiary",
        "description": "HOK BVI Technologies Inc.",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Jurisdiction: British Virgin Islands, Functional Currency: Canadian Dollars"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 10871613,
      "classesOfShares": ["common shares"],
      "warrants": [
        {
          "number": 16663,
          "exercisePrice": 30.00,
          "expiryDate": "2026-09-15"
        },
        {
          "number": 16761,
          "exercisePrice": 375.00,
          "expiryDate": "2026-11-10"
        },
        {
          "number": 1301250,
          "exercisePrice": 0.40,
          "expiryDate": "2025-11-23"
        }
      ],
      "options": [
        {
          "number": 7409,
          "exercisePrice": 30.00,
          "expiryDate": "2026-10-14"
        },
        {
          "number": 13575,
          "exercisePrice": 195.00,
          "expiryDate": "2027-02-07"
        },
        {
          "number": 166,
          "exercisePrice": 240.00,
          "expiryDate": "2027-03-16"
        },
        {
          "number": 166,
          "exercisePrice": 225.00,
          "expiryDate": "2027-04-13"
        },
        {
          "number": 8333,
          "exercisePrice": 42.00,
          "expiryDate": "2027-09-13"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedOctober312025": {
          "accountingManagementCorporateDevelopmentAndConsultingFees": 12779,
          "shareBasedCompensation": 54109,
          "total": 66888
        },
        "threeMonthsEndedOctober312024": {
          "accountingManagementCorporateDevelopmentAndConsultingFees": 45297,
          "shareBasedCompensation": 0,
          "total": 45297
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Directors of the Company",
          "description": "Amounts owed to directors",
          "amount": 30373,
          "period": "As at October 31, 2025"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-11-23",
        "description": "1,301,250 warrants of the Company expired unexercised.",
        "impactValue": null
      },
      {
        "eventDate": "2025-12-01",
        "description": "The Company issued 151,666 common shares upon the conversion of 151,666 RSUs.",
        "impactValue": null
      }
    ]
  }
]