SEDAR Interim Financial Statements

[
  {
    "companyName": "RADIAL RESEARCH CORP.",
    "reportingPeriodEnd": "2026-02-28",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 105687,
      "amountsReceivable": 15551,
      "prepaidExpenseAndDeposits": 0,
      "totalCurrentAssets": 121238,
      "intangibleAssets": 1,
      "totalAssets": 121239,
      "accountsPayableAndAccruedLiabilities": 197358,
      "convertibleDebenture": 477028,
      "totalLiabilities": 674387,
      "shareCapital": 1409734,
      "optionsReserve": 20000,
      "equityPortionOfConvertibleDebenture": 478386,
      "deficit": -2461265,
      "totalShareholdersDeficit": -553145,
      "totalLiabilitiesAndShareholdersDeficit": 121239,
      "cashPerShare": 0.0038,
      "workingCapitalPerShare": -0.0199
    },
    "incomeStatement": {
      "consulting": 37300,
      "generalAndAdministrative": 26069,
      "professionalFees": 22880,
      "totalOperatingExpenses": 86249,
      "lossBeforeOtherItems": -86249,
      "gainOnModificationOfDebt": 45247,
      "interestAndAccretion": -51097,
      "totalOtherItems": -5850,
      "netLossAndComprehensiveLoss": -92099,
      "lossPerShareBasicAndDiluted": 0,
      "weightedAverageNumberOfCommonSharesOutstanding": 27838189
    },
    "cashFlowStatement": {
      "netLoss": -92098,
      "accretionOfDiscountOnConvertibleDebenture": 32399,
      "gainOnModificationOfConvertibleDebenture": -45247,
      "changeInAmountsReceivable": -3234,
      "changeInPrepaidExpensesAndDeposits": 7500,
      "changeInAccountsPayableAndAccruedLiabilities": 28262,
      "netCashUsedInOperatingActivities": -72418,
      "changeInCash": -72418,
      "cashBeginningOfYear": 178108,
      "cashEndOfYear": 105690
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 27838189,
      "classesOfShares": ["common shares"],
      "warrants": [],
      "options": [
        {
          "number": 250000,
          "exercisePrice": 0.11,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": "Convertible debenture, convertible at $0.07 per share, maturing August 19, 2026."
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2026": {
          "consulting": 37300,
          "professionalFees": 22880,
          "total": 60180
        },
        "2025": {
          "consulting": 39304,
          "professionalFees": 28387,
          "total": 67691
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Chief Executive Officer",
          "description": "Amount owed to CEO, unsecured, non-interest bearing, due on demand",
          "amount": 7500,
          "period": "2026"
        }
      ]
    },
    "subsequentEvents": []
  }
]