SEDAR Interim Financial Statements

[
  {
    "companyName": "GOODFOOD MARKET CORP.",
    "reportingPeriodEnd": "2025-12-06",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 11791,
      "marketableSecurities": 2733,
      "accountsAndOtherReceivables": 3615,
      "inventories": 3079,
      "otherCurrentAssets": 379,
      "totalCurrentAssets": 21597,
      "fixedAssets": 5726,
      "rightOfUseAssets": 5689,
      "intangibleAssetsAndGoodwill": 2837,
      "leaseReceivables": 2901,
      "otherNonCurrentAssets": 310,
      "totalAssets": 39060,
      "accountsPayableAndAccruedLiabilities": 13805,
      "deferredRevenues": 2258,
      "currentPortionOfLeaseObligations": 3251,
      "totalCurrentLiabilities": 19314,
      "convertibleDebentures": 41374,
      "leaseObligations": 6917,
      "otherNonCurrentLiabilities": 1095,
      "totalLiabilities": 68700,
      "commonShares": 188886,
      "contributedSurplus": 7403,
      "convertibleDebenturesEquity": 4600,
      "deficit": -230529,
      "totalShareholdersDeficiency": -29640,
      "cashPerShare": 0.1197,
      "workingCapitalPerShare": 0.0232
    },
    "incomeStatement": {
      "netSales": 27538,
      "costOfGoodsSold": 15892,
      "grossProfit": 11646,
      "sellingGeneralAndAdministrativeExpenses": 10851,
      "depreciationAndAmortization": 1291,
      "operatingLoss": -496,
      "netFinanceCosts": 2076,
      "lossBeforeIncomeTaxes": -2572,
      "incomeTaxExpense": 9,
      "netLoss": -2581,
      "basicAndDilutedLossPerShare": -0.03,
      "basicAndDilutedWeightedAverageNumberOfCommonSharesOutstanding": 98515543
    },
    "cashFlowStatement": {
      "netLoss": -2581,
      "depreciationAndAmortization": 1291,
      "shareBasedPaymentsExpense": 211,
      "netFinanceCosts": 2076,
      "deferredIncomeTaxRecovery": -9,
      "changeInNonCashOperatingWorkingCapital": 368,
      "otherOperating": null,
      "netCashProvidedByOperatingActivities": 1356,
      "businessCombinationNetOfCashAcquired": null,
      "investmentInMarketableSecurities": null,
      "additionsToFixedAssets": -43,
      "additionsToIntangibleAssets": -116,
      "interestReceived": 247,
      "otherInvesting": null,
      "netCashProvidedByUsedInInvestingActivities": 88,
      "repaymentOfDebt": null,
      "paymentsOfLeaseObligations": -771,
      "interestPaid": -1222,
      "otherFinancing": -5,
      "netCashUsedInFinancingActivities": -1998,
      "decreaseInCashAndCashEquivalents": -554,
      "cashAndCashEquivalentsBeginningOfPeriod": 12345,
      "cashAndCashEquivalentsEndOfPeriod": 11791
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Marketable Securities",
        "description": "Marketable securities held by the company",
        "ownershipPercentage": null,
        "value": 2733,
        "notes": "Fair value determined using level 1 inputs"
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 98823996,
      "classesOfShares": ["common shares"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": "Convertible debentures: 41,721 debentures outstanding, maturing in March 2027 and February 2028, convertible into common shares."
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {},
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-12-11",
        "description": "Neil Cuggy, co-founder, President and Chief Operating Officer, will step down from his executive roles effective January 16, 2026. In connection with this announcement, the Company will pay him a termination benefit of $0.9 million.",
        "impactValue": 900
      }
    ]
  }
]