SEDAR Interim Financial Statements

[
  {
    "companyName": "Asian Television Network International Limited",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 3138,
      "shortTermInvestments": 524200,
      "tradeAndOtherReceivables": 1216293,
      "totalCurrentAssets": 1743631,
      "plantAndEquipment": 1064345,
      "intangibleAssets": 263125,
      "totalNonCurrentAssets": 1327470,
      "totalAssets": 3071101,
      "accountsPayableAndAccruedLiabilities": 5342132,
      "bankIndebtedness": 240000,
      "deferredRevenue": 10233,
      "longTermDebtCurrentPortion": 8983,
      "leaseLiabilitiesCurrentPortion": 599404,
      "totalCurrentLiabilities": 6200752,
      "longTermDebt": 18315,
      "leaseLiabilities": 410400,
      "totalNonCurrentLiabilities": 428715,
      "totalLiabilities": 6629467,
      "shareholdersEquity": -3558366,
      "cashPerShare": 0.0001,
      "workingCapitalPerShare": -0.1826
    },
    "incomeStatement": {
      "operatingRevenue": 4320392,
      "administrativeExpenses": 649984,
      "marketingAndDistributionCosts": 3207255,
      "employeeCosts": 1037711,
      "depreciationAndAmortization": 479886,
      "financeCosts": 51223,
      "lossGainOnForeignExchange": 10927,
      "totalOperatingExpenses": 5436986,
      "incomeLossBeforeTax": -1116594,
      "incomeTaxExpenseRecovery": 0,
      "netLossComprehensiveLoss": -1116594,
      "lossPerShareBasic": -0.05,
      "lossPerShareDiluted": -0.05,
      "weightedAverageSharesOutstanding": 24402914
    },
    "cashFlowStatement": {
      "netLossForPeriod": -1116594,
      "financeCosts": 51223,
      "depreciationAndAmortization": 571935,
      "increaseDecreaseInTradeAndOtherReceivables": -29087,
      "increaseDecreaseInAccountsPayableAndAccruedLiabilities": 1309056,
      "increaseDecreaseInDeferredRevenue": -353767,
      "interestPaid": -51224,
      "recoveryOfIncomeTaxes": 0,
      "netCashFlowsFromOperations": 381542,
      "paymentsToAcquirePlantAndEquipment": -14375,
      "paymentsToAcquireIntangibleAssets": -90175,
      "paymentsToAcquireProceedsFromDispositionOfInvestments": 0,
      "netCashFlowsUsedInFromInvesting": -104550,
      "advancesFromCapitalLeases": 14621,
      "repaymentOfLongTermDebt": -6800,
      "repaymentOfFinanceLeaseObligation": -451285,
      "advancesFromBankIndebtedness": 10000,
      "repaymentOfNotesPayable": 0,
      "netCashFlowsUsedInFromFinancing": -433464,
      "netDecreaseInCashAndCashEquivalents": -156471,
      "cashAndCashEquivalentsAtBeginningOfPeriod": 159609,
      "cashAndCashEquivalentsAtEndOfPeriod": 3138
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Short-term Investments",
        "description": "Marketable securities or investments with maturity less than one year",
        "ownershipPercentage": null,
        "value": 524200,
        "notes": "Balance unchanged from previous period"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited Class A preference shares, unlimited Class B preference shares, unlimited common shares",
      "issuedShares": 24402914,
      "classesOfShares": ["Class A preference shares", "Class B preference shares", "Common shares"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": "Class A preference shares convertible at rate of $225,000 for 1% of outstanding common shares (none outstanding)"
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "nineMonthsEndedSeptember302025": {
          "keyManagementCompensation": 546414,
          "consultingFeesFinanceAccountingCFO": 126000,
          "consultingFeesMarketingServices": 49400
        },
        "nineMonthsEndedSeptember302024": {
          "keyManagementCompensation": 579092,
          "consultingFeesFinanceAccountingCFO": 107500,
          "consultingFeesMarketingServices": 49400
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Companies providing finance, accounting and CFO services",
          "description": "Consulting fees",
          "amount": 126000,
          "period": "nine months ended September 30, 2025"
        },
        {
          "counterparty": "Companies providing marketing services",
          "description": "Consulting fees",
          "amount": 49400,
          "period": "nine months ended September 30, 2025"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-11-10",
        "description": "Agreement with vendor to convert $1.625 million of accounts payable into long-term payment arrangement with scheduled payments of $437,700 within 12 months, $480,000 in subsequent 12 months, and $708,000 over following 6 months",
        "impactValue": 1625000
      }
    ]
  }
]