SEDAR Interim Financial Statements

[
  {
    "companyName": "Standard Strategies Inc. (formerly Midori Carbon Inc.)",
    "reportingPeriodEnd": "2025-10-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 30124,
      "gstReceivable": 3510,
      "investments": 611528,
      "totalCurrentAssets": 645162,
      "investmentInAssociate": 325459,
      "totalAssets": 970621,
      "accountsPayableAndAccruedLiabilities": 56014,
      "demandLoans": 168611,
      "totalCurrentLiabilities": 224625,
      "commonShares": 11438201,
      "contributedSurplus": 349524,
      "deficit": -11041729,
      "totalEquity": 745996,
      "totalLiabilitiesAndEquity": 970621,
      "cashPerShare": 0.0004,
      "workingCapitalPerShare": 0.0054
    },
    "incomeStatement": {
      "filingListingTransferAgentFees": 6249,
      "generalAndAdministrative": 1880,
      "managementDirectorsFees": 5925,
      "professionalFees": 792,
      "promotionMarketing": null,
      "shareBasedPayments": 3664,
      "softwareDevelopment": 3,
      "lossBeforeOtherItems": -18510,
      "equityLossOnInvestmentInAssociate": -106620,
      "fairValueChangesOnInvestments": -379565,
      "gainLossOnSaleOfInvestments": null,
      "earningsLossAndComprehensiveEarningsLossForThePeriod": -504695,
      "basicAndDilutedIncomeLossPerCommonShare": -0.01,
      "weightedAverageNumberOfCommonSharesOutstanding": 77192245
    },
    "cashFlowStatement": {
      "earningsLossForThePeriod": -361640,
      "shareBasedPayments": 45877,
      "softwareDevelopment": null,
      "equityLossOnInvestmentInAssociate": 124541,
      "fairValueChangesOnInvestments": 107832,
      "lossGainOnSaleOfInvestments": null,
      "gstReceivable": 5626,
      "prepaidExpenses": null,
      "accountsPayableAndAccruedLiabilities": 19139,
      "netCashUsedInOperatingActivities": -58625,
      "commonSharesIssuedForCashNetOfIssueCosts": 500000,
      "netCashProvidedByFinancingActivities": 500000,
      "proceedsFromSaleOfInvestments": null,
      "purchaseOfInvestments": -450000,
      "netCashProvidedByUsedInInvestingActivities": -450000,
      "changeInCashDuringThePeriod": -8625,
      "cashBeginningOfPeriod": 38749,
      "cashEndOfPeriod": 30124,
      "incomeTaxesPaid": null,
      "interestPaidReceived": null
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Investment in Associate",
        "description": "Standard Strategies Pte Ltd",
        "ownershipPercentage": 40,
        "value": 325459,
        "notes": "Singapore based private company developing AI-powered software for Digital Asset Treasury strategies. Accounted for using the equity method."
      },
      {
        "type": "Public Company Shares",
        "description": "Sundae Bar PLC (formerly Ora Technology PLC)",
        "ownershipPercentage": null,
        "value": 611528,
        "notes": "Company creating a marketplace for AI agents. Traded on AIM of the London Stock Exchange."
      },
      {
        "type": "Private Company Shares",
        "description": "CRBN Technologies Inc.",
        "ownershipPercentage": 27,
        "value": null,
        "notes": "UK based private company focused on developing a carbon credit trading platform. Accounted for as a financial asset."
      },
      {
        "type": "Private Company Shares",
        "description": "IO+ Pte Ltd. / Flex Labs Inc.",
        "ownershipPercentage": null,
        "value": null,
        "notes": "Shares exchanged from IO+ to Flex. Flex is not currently trading on any stock exchange."
      },
      {
        "type": "Private Company Shares",
        "description": "CRBN Technology Inc. (CRBN USA)",
        "ownershipPercentage": 23.5,
        "value": 4.3,
        "notes": "Delaware company developing a carbon credit trading platform focused on the USA market."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 77192245,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [
        {
          "number": 1050000,
          "exercisePrice": 0.09,
          "expiryDate": "2026-07-31"
        },
        {
          "number": 500000,
          "exercisePrice": 0.1,
          "expiryDate": "2026-09-30"
        },
        {
          "number": 2750000,
          "exercisePrice": 0.025,
          "expiryDate": "2030-02-02"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-10-31": {
          "managementFees": 20225,
          "directorsFees": 6000,
          "shareBasedPaymentsVestedStockOptions": 45877,
          "total": 72102
        },
        "2024-10-31": {
          "managementFees": 83813,
          "directorsFees": 22000,
          "shareBasedPaymentsVestedStockOptions": 5112,
          "total": 110925
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Key Management Personnel",
          "description": "Amounts owing to related parties included in accounts payable and accrued liabilities",
          "amount": 18900,
          "period": "As of October 31, 2025"
        }
      ]
    },
    "subsequentEvents": []
  }
]