SEDAR Interim Financial Statements

[
  {
    "companyName": "Wisr AI Systems Inc. (formerly, 1329310 B.C. Ltd.)",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 169893,
      "gstReceivable": 58913,
      "prepaidExpense": 188220,
      "totalCurrentAssets": 417026,
      "intangibleAsset": 1367187,
      "totalAssets": 1784213,
      "accountsPayableAndAccruedLiabilities": 100959,
      "totalCurrentLiabilities": 100959,
      "totalLiabilities": 100959,
      "shareCapital": 10809870,
      "subscriptionReceivedInAdvance": 7000,
      "contributedSurplus": 1126391,
      "deficit": -10260007,
      "totalShareholdersEquityDeficiency": 1683254,
      "totalLiabilitiesAndShareholdersEquityDeficiency": 1784213,
      "cashPerShare": 0.0031,
      "workingCapitalPerShare": 0.0057
    },
    "incomeStatement": {
      "amortization": 195313,
      "consultingFees": 283750,
      "marketingAndInvestorRelationsExpenses": 5754,
      "officeExpenses": 51080,
      "professionalFees": 15034,
      "researchAndDevelopmentExpenses": 145674,
      "stockBasedCompensation": 645632,
      "softwareExpense": 2719,
      "listingFee": 0,
      "totalExpenses": 1344956,
      "interestIncome": 7924,
      "netLossAndComprehensiveLoss": -1337032,
      "basicAndDilutedLossPerShare": -0.02,
      "weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 55548764
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -1337032,
      "amortization": 195313,
      "stockBasedCompensation": 645632,
      "changesInReceivables": -33381,
      "changesInPrepaids": -185000,
      "changesInAccountsPayableAndAccruedLiabilities": -79339,
      "netCashUsedInOperatingActivities": -793807,
      "warrantExercises": 9862,
      "netCashProvidedByFinancingActivities": 9862,
      "changeInCash": -783945,
      "cashBeginningOfPeriod": 953837,
      "cashEndOfPeriod": 169892
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Intangible Asset",
        "description": "RiskAssure software technology and related assets",
        "ownershipPercentage": 100,
        "value": 1367187,
        "notes": "Acquired from arm's length vendors in exchange for 6,250,000 common shares at $0.25 per share"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited number of common shares without par value",
      "issuedShares": 57286818,
      "classesOfShares": ["common shares"],
      "warrants": [
        {
          "number": 4554951,
          "exercisePrice": 0.25,
          "expiryDate": "2026-07-04"
        },
        {
          "number": 285000,
          "exercisePrice": 0.25,
          "expiryDate": "2026-08-02"
        },
        {
          "number": 898333,
          "exercisePrice": 0.25,
          "expiryDate": "2026-11-08"
        },
        {
          "number": 524983,
          "exercisePrice": 0.15,
          "expiryDate": "2026-07-04"
        },
        {
          "number": 10000,
          "exercisePrice": 0.15,
          "expiryDate": "2026-08-02"
        },
        {
          "number": 115500,
          "exercisePrice": 0.15,
          "expiryDate": "2026-11-08"
        }
      ],
      "options": [
        {
          "number": 4550000,
          "exercisePrice": 0.15,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": "3,900,000 Restricted Share Units (RSUs) outstanding"
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "sixMonthsEndedDecember312025": {
          "consultingFees": 113750,
          "stockBasedCompensation": 7448
        },
        "sixMonthsEndedDecember312024": {
          "consultingFees": 12000,
          "stockBasedCompensation": 0
        }
      },
      "namedIndividuals": [
        {
          "name": null,
          "title": "CEO",
          "period": "2025-12-31",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 90000
          }
        },
        {
          "name": null,
          "title": "CFO",
          "period": "2025-12-31",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 23750
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Directors and officers or companies controlled by directors and officers",
          "description": "Amounts due to related parties",
          "amount": 15750,
          "period": "2025-12-31"
        }
      ]
    },
    "subsequentEvents": []
  }
]