SEDAR Interim Financial Statements

[
  {
    "companyName": "Digital Commodities Inc.",
    "reportingPeriodEnd": "2025-11-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 537258,
      "accountsReceivable": 0,
      "prepaidExpenses": 3915,
      "gstReceivable": 115004,
      "investments": 1364870,
      "digitalAssets": 1374595,
      "inventory": 0,
      "totalCurrentAssets": 3395642,
      "machineryAndEquipment": 0,
      "intangibleAssets": 0,
      "totalAssets": 3395642,
      "accountsPayableAndAccruedLiabilities": 2814,
      "loanPayable": 0,
      "totalCurrentLiabilities": 2814,
      "shareCapital": 10141639,
      "reserves": 1553040,
      "accumulatedDeficit": -8301851,
      "totalShareholdersEquity": 3392828,
      "totalLiabilitiesAndEquity": 3395642,
      "cashPerShare": 0.0036,
      "workingCapitalPerShare": 0.0224
    },
    "incomeStatement": {
      "revenue": 0,
      "costOfSales": 0,
      "amortizationAndDepreciation": 0,
      "grossMargin": 0,
      "accretionExpense": 0,
      "advertisingAndPromotion": 419489,
      "badDebtsRecoveryExpense": 0,
      "consultingFees": 192140,
      "shareBasedPayments": 163566,
      "officeAndAdministration": 17361,
      "professionalFeesAndOther": 377439,
      "totalOperatingExpenses": 1169995,
      "netOperatingLoss": -1169995,
      "foreignExchangeLossGain": 1381,
      "lossGainOnDebtSettlement": 0,
      "gainOnDeconsolidation": -3963012,
      "lossGainOnInvestments": 3262095,
      "lossOnDigitalAssets": 386391,
      "interestExpense": 3710,
      "netLoss": 860560,
      "basicAndDilutedLossPerCommonShare": -0.01,
      "weightedAverageSharesOutstanding": 151261781
    },
    "cashFlowStatement": {
      "netLoss": -860560,
      "accretionExpense": 0,
      "amortizationAndDepreciation": 0,
      "sharesIssuedForServices": 0,
      "inventoryWriteDown": 0,
      "shareBasedPayments": 163566,
      "gainOnDeconsolidation": -3963012,
      "lossOnInvestments": 3262095,
      "lossOnDigitalAssets": 386391,
      "changeInAccountsReceivable": 0,
      "changeInGstReceivable": -115004,
      "changeInPrepaidExpenses": 85520,
      "changeInInventory": 0,
      "changeInAccountsPayableAndAccruedLiabilities": -75238,
      "cashUsedInOperatingActivities": -1116242,
      "netProceedsFromIssuanceOfCommonShares": 1986320,
      "proceedsFromLoansPayable": 0,
      "repaymentsOfLoansPayable": -193674,
      "proceedsFromWarrantsExercised": 430000,
      "cashProvidedByFinancingActivities": 2222646,
      "proceedsFromSaleOfInvestments": 1008055,
      "cashUsedToPurchaseInvestments": -1149711,
      "proceedsFromSaleOfDigitalAssets": 327429,
      "cashUsedToPurchaseDigitalAssets": -1769161,
      "cashUsedInInvestingActivities": -1583388,
      "changeInCash": -476984,
      "cashBeginningOfPeriod": 1014242,
      "cashEndOfPeriod": 537258
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Public Unit",
        "description": "SKRR Exploration Investments (SKRR) - 100,000 units (each unit: 1 common share + 1 warrant)",
        "ownershipPercentage": null,
        "value": null,
        "notes": "Holds 100,000 warrants as of Nov 30, 2025. Sold all common shares during the period."
      },
      {
        "type": "Public Warrant",
        "description": "Pacific Ridge Exploration Ltd (PEX) - 250,000 warrants",
        "ownershipPercentage": null,
        "value": null,
        "notes": "Exercise price $0.20 for 3 years. Sold 35,000 shares during period."
      },
      {
        "type": "Public Unit",
        "description": "Gold Finder Resources Ltd. (GLD) - 5,000,000 units (each unit: 1 common share + 1 warrant)",
        "ownershipPercentage": 15.98,
        "value": 560000,
        "notes": "Undiluted ownership 15.98%, partially diluted 27.56%. Holds 7,000,000 shares and 10,000,000 warrants. Right to nominate board director."
      },
      {
        "type": "Public Share",
        "description": "Gold Finder Resources Ltd. - 2,000,000 common shares",
        "ownershipPercentage": null,
        "value": null,
        "notes": "Acquired through warrant exercise."
      },
      {
        "type": "Public Share",
        "description": "Purpose Bitcoin ETF - 25,000 shares",
        "ownershipPercentage": null,
        "value": null,
        "notes": ""
      },
      {
        "type": "Public Trust Unit",
        "description": "Sprott Physical Gold Trust - 6,500 trust units",
        "ownershipPercentage": null,
        "value": 294255,
        "notes": "Cost $232,430"
      },
      {
        "type": "Digital Asset",
        "description": "Bitcoin (BTC) - 10.880 BTC",
        "ownershipPercentage": null,
        "value": 1374595,
        "notes": "Average cost $156,415 per BTC. Includes 0.317 BTC acquired through unit issuance."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited common shares without par value",
      "issuedShares": 168670411,
      "classesOfShares": ["common shares"],
      "warrants": [
        {
          "number": 88489430,
          "exercisePrice": 0.11,
          "expiryDate": null
        },
        {
          "number": 1541226,
          "exercisePrice": 0.10,
          "expiryDate": null
        }
      ],
      "options": [
        {
          "number": 12550000,
          "exercisePrice": 0.10,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "nineMonthsEndedNov302025": {
          "consultingAndProfessionalFees": 215200,
          "shareBasedPayments": 65688,
          "rentExpense": 0
        },
        "nineMonthsEndedNov302024": {
          "consultingAndProfessionalFees": 138960,
          "shareBasedPayments": 0,
          "rentExpense": 8400
        }
      },
      "namedIndividuals": [
        {
          "name": "Brayden Sutton",
          "title": "CEO and Director",
          "period": "nineMonthsEndedNov302025",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 135000
          }
        },
        {
          "name": "Lachlan McLeod",
          "title": "CFO and Corporate Secretary",
          "period": "nineMonthsEndedNov302025",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 70200
          }
        },
        {
          "name": "Alyssa Barry",
          "title": "Director",
          "period": "nineMonthsEndedNov302025",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 16422
          }
        },
        {
          "name": "Ken Osborne",
          "title": "Director",
          "period": "nineMonthsEndedNov302025",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 16422
          }
        },
        {
          "name": "Josh Taylor",
          "title": "Director",
          "period": "nineMonthsEndedNov302025",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 16422
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "TJT Ventures Ltd. (Management)",
          "description": "Consulting and professional fees",
          "amount": 10000,
          "period": "nineMonthsEndedNov302025"
        },
        {
          "counterparty": "Cybin Therapeutics Inc.",
          "description": "Rent expense",
          "amount": 8400,
          "period": "nineMonthsEndedNov302024"
        }
      ]
    },
    "subsequentEvents": []
  }
]