SEDAR Interim Financial Statements

[
  {
    "companyName": "Quinsam Capital Corporation",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 365042,
      "receivables": 0,
      "investments": 8881102,
      "prepaidExpenses": 0,
      "totalAssets": 9246144,
      "accountsPayableAndAccruedLiabilities": 74615,
      "totalLiabilities": 74615,
      "shareCapital": 18209672,
      "deferredShareUnitsReserve": 0,
      "shareBasedPaymentsReserve": 311164,
      "accumulatedDeficit": -9349307,
      "totalShareholdersEquity": 9171529,
      "totalLiabilitiesAndShareholdersEquity": 9246144,
      "cashPerShare": 0.0040,
      "workingCapitalPerShare": 0.0969
    },
    "incomeStatement": {
      "netRealizedLossOnDisposalsOfInvestments": -4384383,
      "netUnrealizedGainsOnInvestments": 4745956,
      "netInvestmentIncome": 361573,
      "dividendInterestAdvisoryServicesAndOtherIncome": 68641,
      "professionalFees": 162467,
      "salariesAndOtherEmploymentBenefits": 158399,
      "transferAgentAndFilingFees": 16380,
      "generalAndAdministrative": 9226,
      "travelAndPromotional": 611,
      "expenses": -347083,
      "netIncomeBeforeTax": 83131,
      "incomeTaxExpense": 0,
      "netIncomeAndComprehensiveIncome": 83131,
      "basicEarningsPerShare": 0.001,
      "dilutedEarningsPerShare": 0.001,
      "weightedAverageSharesOutstandingBasic": 90812513,
      "weightedAverageSharesOutstandingDiluted": 90967551
    },
    "cashFlowStatement": {
      "netIncome": 83131,
      "netRealizedLossOnDisposalsOfInvestments": 4384383,
      "unrealizedGainsOnInvestments": -4745956,
      "interestAccruedOnDebentureInvestments": -9050,
      "incomeTaxExpense": 0,
      "adjustmentsForNonCashItems": -287492,
      "receivables": 59384,
      "accountsPayableAndAccruedLiabilities": -51079,
      "changesInNonCashWorkingCapital": 8305,
      "purchasesOfInvestments": -768000,
      "proceedsOnDispositionOfInvestments": 1143994,
      "netAdditionsInInvestments": 375994,
      "cashFlowsProvidedByUsedInOperatingActivities": 96807,
      "repurchaseOfCommonShares": -44999,
      "cashFlowsUsedInFinancingActivities": -44999,
      "increaseDecreaseInCashAndCashEquivalents": 51808,
      "cashAndCashEquivalentsBeginningOfPeriod": 313234,
      "cashAndCashEquivalentsEndOfPeriod": 365042
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Equities",
        "description": "Public and private company equity investments",
        "ownershipPercentage": null,
        "value": 8198222,
        "notes": "Level 1: $4,650,430, Level 2: $199,500, Level 3: $3,348,292"
      },
      {
        "type": "Warrants",
        "description": "Warrants on other companies",
        "ownershipPercentage": null,
        "value": 682880,
        "notes": "Level 2: $523,429, Level 3: $159,451"
      },
      {
        "type": "Convertible Debentures",
        "description": "Convertible debt instruments",
        "ownershipPercentage": null,
        "value": 0,
        "notes": "Carrying value at cost: $1,023,999; fair value not separately stated"
      },
      {
        "type": "Loans",
        "description": "Loan investments",
        "ownershipPercentage": null,
        "value": 0,
        "notes": "Carrying value at cost: $1,758,796; fair value not separately stated"
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 93616444,
      "classesOfShares": ["common shares", "preferred shares"],
      "warrants": [],
      "options": [
        {
          "number": 1640000,
          "exercisePrice": 0.19,
          "expiryDate": "2026-05-31"
        },
        {
          "number": 200000,
          "exercisePrice": 0.1,
          "expiryDate": "2027-05-31"
        },
        {
          "number": 2875000,
          "exercisePrice": 0.05,
          "expiryDate": "2029-12-04"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-Q3": {
          "salariesAndOtherBenefits": 52620,
          "professionalFees": 20340,
          "total": 72960
        },
        "2024-Q3": {
          "salariesAndOtherBenefits": 57790,
          "professionalFees": 20340,
          "total": 78130
        },
        "2025-9M": {
          "salariesAndOtherBenefits": 158399,
          "professionalFees": 61020,
          "total": 219419
        },
        "2024-9M": {
          "salariesAndOtherBenefits": 179112,
          "professionalFees": 74580,
          "total": 253692
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Blueknight Advisory Services Inc.",
          "description": "CFO and accounting services",
          "amount": 61020,
          "period": "2025-9M"
        },
        {
          "counterparty": "Blueknight Advisory Services Inc.",
          "description": "CFO and accounting services",
          "amount": 20340,
          "period": "2025-Q3"
        },
        {
          "counterparty": "Blueknight Advisory Services Inc.",
          "description": "CFO and accounting services",
          "amount": 20340,
          "period": "2024-Q3"
        },
        {
          "counterparty": "Branson Corporate Services Ltd.",
          "description": "Accounting and administrative services (terminated June 30, 2024)",
          "amount": 54240,
          "period": "2024-9M"
        }
      ]
    },
    "subsequentEvents": []
  }
]