SEDAR Interim Financial Statements

[
  {
    "companyName": "Quizam Media Corporation",
    "reportingPeriodEnd": "2025-11-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 104265,
      "accountsReceivable": 30546,
      "dueFromRelatedParties": 983548,
      "salesTaxesRecoverable": 11093,
      "prepaidExpenses": 79552,
      "inventory": 200005,
      "totalCurrentAssets": 1409009,
      "securityDeposit": 35000,
      "investmentInSublease": 29220,
      "propertyAndEquipment": 789626,
      "totalAssets": 2262855,
      "accountsPayableAndAccruedLiabilities": 917207,
      "salesTaxesPayable": 0,
      "deferredRevenue": 11137,
      "dueToRelatedParties": 1152479,
      "leaseLiabilitiesCurrent": 463040,
      "totalCurrentLiabilities": 2543863,
      "leaseLiabilitiesLongTerm": 455984,
      "totalLiabilities": 2999847,
      "shareCapital": 26801042,
      "reserves": 3420463,
      "deficit": -30958496,
      "totalDeficiency": -736991,
      "cashPerShare": 0.0016,
      "workingCapitalPerShare": -0.0178
    },
    "incomeStatement": {
      "retailSales": 3060930,
      "consultingFees": 210000,
      "trainingServicesAndSoftwareSales": 840756,
      "totalRevenues": 4111686,
      "accountingAndLegal": 105959,
      "automobile": 14024,
      "bankChargesAndFinanceFees": 104151,
      "depreciation": 223056,
      "investorAndFinanceDevelopment": 0,
      "managementFees": 140840,
      "officeAndMiscellaneous": 1187049,
      "onTrackTvDevelopmentCosts": 28390,
      "regulatoryFees": 10358,
      "researchAndDevelopment": 96252,
      "retailInventory": 2049814,
      "subcontractors": 126474,
      "telephoneAndInternet": 13717,
      "travelAndBusinessDevelopment": 256615,
      "wagesAndBenefits": 659481,
      "totalExpenses": 5016180,
      "lossBeforeOtherItems": -904494,
      "interestIncome": 1577,
      "otherIncome": 837400,
      "netLossAndComprehensiveLoss": -65517,
      "lossPerShareBasicAndDiluted": 0.0,
      "weightedAverageSharesOutstanding": 63906845
    },
    "cashFlowStatement": {
      "netLoss": -65517,
      "depreciation": 223058,
      "interestIncomeOnSublease": -1631,
      "leaseInterestExpense": 43535,
      "accountsReceivable": 26121,
      "prepaidExpensesAndDeposits": -30091,
      "salesTaxesRecoverable": -45606,
      "inventory": 17549,
      "accountsPayableAndAccruedLiabilities": 423141,
      "dueToDueFromRelatedParties": -252358,
      "deferredRevenue": -18805,
      "cashProvidedByUsedInOperatingActivities": 319396,
      "loansPayableToRelatedParties": 0,
      "leasePayments": -259950,
      "cashProvidedByUsedInFinancingActivities": -259950,
      "disposalPurchaseOfPropertyAndEquipment": -5237,
      "cashProvidedByUsedInInvestingActivities": -5237,
      "decreaseInCashAndCashEquivalents": 54209,
      "cashAndCashEquivalentsBeginning": 50056,
      "cashAndCashEquivalentsEnding": 104265
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Sublease",
        "description": "Investment in sublease for store premise in North Vancouver",
        "ownershipPercentage": null,
        "value": 29220,
        "notes": "Three-year sublease agreement with a third-party leasee. The future aggregate sublease payments to be received as at November 30, 2025 is estimated to be $30,371."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 63906845,
      "classesOfShares": ["common"],
      "warrants": [
        {
          "number": 5000000,
          "exercisePrice": 0.15,
          "expiryDate": "2026-05-10"
        },
        {
          "number": 2500000,
          "exercisePrice": 0.15,
          "expiryDate": "2027-05-15"
        },
        {
          "number": 3000000,
          "exercisePrice": 0.15,
          "expiryDate": "2025-12-03"
        }
      ],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-11-30": {
          "managementFees": 78030
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Companies owned by the president and CEO",
          "description": "Expenses incurred from companies owned by the president and CEO",
          "amount": 269714,
          "period": "2025-11-30"
        },
        {
          "counterparty": "Company controlled by a close family member of the president and CEO",
          "description": "Income earned from a company controlled by a close family member of the president and CEO",
          "amount": 1791101,
          "period": "2025-11-30"
        }
      ]
    },
    "subsequentEvents": []
  }
]