SEDAR Interim Financial Statements
[ { "companyName": "Pool Safe Inc.", "reportingPeriodEnd": "2025-09-30", "reportStatus": "Unaudited", "auditorName": null, "auditorKeyMatters": [], "balanceSheet": { "cashAndCashEquivalents": 349454, "receivables": 266770, "prepaids": 9708, "inventory": 392671, "totalCurrentAssets": 1018603, "equipment": 158170, "revenueShareAssets": 864050, "totalAssets": 2040823, "tradePayablesAndOtherLiabilities": 180518, "currentPortionOfLeaseLiability": 28005, "currentPortionOfLoans": 1987611, "totalCurrentLiabilities": 2196134, "leaseLiability": null, "longTermPortionOfLoansPayable": null, "totalLiabilities": 2196134, "shareCapital": 6750040, "warrants": 141338, "reserves": 541570, "accumulatedDeficit": -7588259, "totalEquity": -155311, "cashPerShare": 0.0028, "workingCapitalPerShare": -0.0094 }, "incomeStatement": { "revenue": 1404573, "costOfSales": 510324, "grossProfit": 894249, "sellingGeneralAndAdministrative": 603436, "stockBasedCompensation": null, "professionalFees": 93664, "regulatoryExpenses": 24228, "advertisingAndPromotion": 58451, "depreciationAndAmortization": 9194, "foreignExchangeLossGain": 14314, "gainOnRepaymentOfCebaLoan": null, "interestAndAccretionExpense": 308831, "totalExpenses": 1108118, "netLoss": -213869, "weightedAverageSharesOutstandingBasicAndDiluted": 125139778, "basicAndDilutedLossPerShare": -0.0017 }, "cashFlowStatement": { "operatingActivities": { "netLoss": -213869, "adjustmentsForNonCashItems": { "disposalOfRevenueShareAssets": 18371, "stockBasedCompensation": null, "accretionOfConvertibleDebenturesAndWarrants": 124030, "gainOnRepaymentOfCebaLoan": null, "rightOfUseAssetAmortization": 18373, "depreciation": 250920 }, "cashFlowFromOperationsBeforeWorkingCapital": 197825, "changesInWorkingCapital": { "decreaseInReceivables": -207136, "decreaseInPrepaids": null, "decreaseInInventory": -95406, "increaseDecreaseInTradePayablesAndOtherLiabilities": -14033 }, "cashFlowFromOperatingActivities": -118750 }, "investingActivities": { "equipment": -6559, "revenueShareAssets": -249200, "cashFlowFromInvestingActivities": -255759 }, "financingActivities": { "repaymentOfRevolvingLineOfCredit": -225150, "repaymentOfLoans": -775000, "repaymentOfCebaLoan": null, "repaymentOfRouLiability": -75024, "proceedsFromLoans": null, "proceedsFromWarrantExercise": 997500, "proceedsFromPromissoryNote": -300000, "proceedsOnRevolvingLineOfCredit": 742491, "cashFlowFromFinancingActivities": 567932 }, "netChangeInCash": 193423, "cashAtBeginningOfPeriod": 156031, "cashAtEndOfPeriod": 349454 }, "investmentsAndOtherAssets": [], "shareStructure": { "authorizedShares": "unlimited", "issuedShares": 137087250, "classesOfShares": ["common shares", "voting class A shares"], "warrants": [ { "number": 3000000, "exercisePrice": 0.05, "expiryDate": "2028-05-31" }, { "number": 2850000, "exercisePrice": 0.05, "expiryDate": "2026-06-30" }, { "number": 1425000, "exercisePrice": 0.05, "expiryDate": "2026-07-06" }, { "number": 1600000, "exercisePrice": 0.05, "expiryDate": "2025-12-31" }, { "number": 2850000, "exercisePrice": 0.05, "expiryDate": "2025-11-10" }, { "number": 855000, "exercisePrice": 0.05, "expiryDate": "2025-11-10" } ], "options": [ { "number": 3400000, "exercisePrice": 0.05, "expiryDate": "2033-03-20" }, { "number": 500000, "exercisePrice": 0.05, "expiryDate": "2034-01-25" } ], "rightsConvertibleInstruments": null }, "managementCompensation": { "currency": "CAD", "periods": { "2025-09-30": { "shortTermEmployeeBenefits": 242564, "stockBasedCompensation": 0 }, "2024-09-30": { "shortTermEmployeeBenefits": 203125, "stockBasedCompensation": 52784 } }, "namedIndividuals": [], "otherRelatedPartyTransactions": [] }, "subsequentEvents": [ { "eventDate": null, "description": "Repaid $100,000 principal and accrued interest related to 2022 debenture financing.", "impactValue": -100000 }, { "eventDate": null, "description": "Repaid $30,000 principal and accrued interest related to 2022 debenture financing.", "impactValue": -30000 }, { "eventDate": null, "description": "1,000,000 warrants exercised for 1,000,000 common shares, with proceeds of $50,000.", "impactValue": 50000 }, { "eventDate": null, "description": "2,705,000 warrants expired unexercised.", "impactValue": null } ] } ]