None
SEDAR Interim Financial Statements
MVMD · Price
[
{
"companyName": "MOUNTAIN VALLEY MD HOLDINGS INC.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
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"hstRecoverable": 26,
"purchaseConsiderationReceivable": 44,
"prepaidsDepositsAndOther": 43,
"totalCurrentAssets": 429,
"intangibleAssets": 92,
"investmentsInEquityInstruments": 0,
"capitalAssets": 73,
"totalNonCurrentAssets": 165,
"totalAssets": 594,
"accountsPayableAndAccruedLiabilities": 27,
"deferredRevenue": 14,
"totalCurrentLiabilities": 41,
"promissoryNote": 89,
"totalNonCurrentLiabilities": 89,
"totalLiabilities": 130,
"shareCapital": 53338,
"contributedSurplus": 8458,
"accumulatedOtherComprehensiveLoss": -2,
"deficit": -61330,
"totalEquity": 464,
"cashPerShare": 0.0009,
"workingCapitalPerShare": 0.0011
},
"2025-03-31": {
"cashAndCashEquivalents": 1723,
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"purchaseConsiderationReceivable": 53,
"prepaidsDepositsAndOther": 112,
"totalCurrentAssets": 1935,
"intangibleAssets": 100,
"investmentsInEquityInstruments": 305,
"capitalAssets": 403,
"totalNonCurrentAssets": 808,
"totalAssets": 2743,
"accountsPayableAndAccruedLiabilities": 169,
"deferredRevenue": 40,
"totalCurrentLiabilities": 209,
"promissoryNote": 0,
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"totalLiabilities": 209,
"shareCapital": 53338,
"contributedSurplus": 8457,
"accumulatedOtherComprehensiveLoss": 0,
"deficit": -59261,
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"cashPerShare": 0.0049,
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}
},
"incomeStatement": {
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"depreciationOfCapitalAssetsAndRightOfUseAssets": 10,
"generalAndAdministrative": 437,
"researchAndDevelopment": 30,
"gainOnReceiptOfInventoryAtZeroCost": 0,
"stockBasedCompensation": 0,
"lossBeforeOtherItems": 467,
"lossGainOnInvestmentsInEquityInstruments": 305,
"lossOnDisposalOfEquipment": 76,
"interestIncome": -1,
"netLossForThePeriod": 847,
"foreignCurrencyTranslation": 2,
"totalComprehensiveLossForThePeriod": 849,
"basicAndDilutedLossPerShare": -0.00,
"weightedAverageNumberOfSharesOutstandingBasicAndDiluted": 352354962
},
"threeMonthsEnded2024-12-31": {
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"amortizationOfIntangibleAssets": 31,
"depreciationOfCapitalAssetsAndRightOfUseAssets": 31,
"generalAndAdministrative": 710,
"researchAndDevelopment": 31,
"gainOnReceiptOfInventoryAtZeroCost": 0,
"stockBasedCompensation": 21,
"lossBeforeOtherItems": 821,
"lossGainOnInvestmentsInEquityInstruments": 306,
"lossOnDisposalOfEquipment": 0,
"interestIncome": -20,
"netLossForThePeriod": 1107,
"foreignCurrencyTranslation": 0,
"totalComprehensiveLossForThePeriod": 1107,
"basicAndDilutedLossPerShare": -0.00,
"weightedAverageNumberOfSharesOutstandingBasicAndDiluted": 352354962
},
"nineMonthsEnded2025-12-31": {
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"amortizationOfIntangibleAssets": 8,
"depreciationOfCapitalAssetsAndRightOfUseAssets": 53,
"generalAndAdministrative": 1592,
"researchAndDevelopment": 83,
"gainOnReceiptOfInventoryAtZeroCost": 0,
"stockBasedCompensation": 1,
"lossBeforeOtherItems": 1698,
"lossGainOnInvestmentsInEquityInstruments": 305,
"lossOnDisposalOfEquipment": 76,
"interestIncome": -10,
"netLossForThePeriod": 2069,
"foreignCurrencyTranslation": 2,
"totalComprehensiveLossForThePeriod": 2071,
"basicAndDilutedLossPerShare": -0.01,
"weightedAverageNumberOfSharesOutstandingBasicAndDiluted": 352354962
},
"nineMonthsEnded2024-12-31": {
"revenue": 31,
"amortizationOfIntangibleAssets": 74,
"depreciationOfCapitalAssetsAndRightOfUseAssets": 92,
"generalAndAdministrative": 2645,
"researchAndDevelopment": 50,
"gainOnReceiptOfInventoryAtZeroCost": -406,
"stockBasedCompensation": 142,
"lossBeforeOtherItems": 2566,
"lossGainOnInvestmentsInEquityInstruments": -113,
"lossOnDisposalOfEquipment": 0,
"interestIncome": -97,
"netLossForThePeriod": 2356,
"foreignCurrencyTranslation": 0,
"totalComprehensiveLossForThePeriod": 2356,
"basicAndDilutedLossPerShare": -0.01,
"weightedAverageNumberOfSharesOutstandingBasicAndDiluted": 347154246
}
},
"cashFlowStatement": {
"nineMonthsEnded2025-12-31": {
"netLossForThePeriod": -2069,
"amortizationOfIntangibleAssets": 8,
"depreciationOfCapitalAssetAndRightOfUseAssets": 53,
"gainOnReceiptOfInventoryAtZeroCost": 0,
"stockBasedCompensation": 1,
"writeDownOfInventory": 0,
"lossOnDisposalOfEquipment": 76,
"lossGainFromInvestmentsInEquityInstruments": 305,
"changesInNonCashWorkingCapital": -1626,
"hstRecoverable": 21,
"inventory": 0,
"purchaseConsiderationReceivable": 9,
"prepaidsDepositsAndOther": 69,
"accountsPayableAndAccruedLiabilities": -142,
"deferredRevenue": -26,
"cashUsedInOperatingActivities": -1695,
"proceedsOnDisposalOfEquipment": 201,
"purchaseOfCapitalAssets": 0,
"loanReceivable": 0,
"cashProvidedByUsedInInvestingActivities": 201,
"promissoryNoteReceived": 89,
"cashProvidedByFinancingActivities": 89,
"effectOfExchangeRateChanges": -2,
"decreaseInCashAndCashEquivalents": -1407,
"cashAndCashEquivalentsBeginning": 1723,
"cashAndCashEquivalentsEnding": 316
},
"nineMonthsEnded2024-12-31": {
"netLossForThePeriod": -2356,
"amortizationOfIntangibleAssets": 74,
"depreciationOfCapitalAssetAndRightOfUseAssets": 92,
"gainOnReceiptOfInventoryAtZeroCost": -406,
"stockBasedCompensation": 142,
"writeDownOfInventory": 55,
"lossOnDisposalOfEquipment": 0,
"lossGainFromInvestmentsInEquityInstruments": -113,
"changesInNonCashWorkingCapital": -2512,
"hstRecoverable": 3,
"inventory": -283,
"purchaseConsiderationReceivable": 7,
"prepaidsDepositsAndOther": -342,
"accountsPayableAndAccruedLiabilities": -122,
"deferredRevenue": -28,
"cashUsedInOperatingActivities": -3277,
"proceedsOnDisposalOfEquipment": 0,
"purchaseOfCapitalAssets": -4,
"loanReceivable": -272,
"cashProvidedByUsedInInvestingActivities": -276,
"promissoryNoteReceived": 0,
"cashProvidedByFinancingActivities": 0,
"effectOfExchangeRateChanges": 0,
"decreaseInCashAndCashEquivalents": -3553,
"cashAndCashEquivalentsBeginning": 5915,
"cashAndCashEquivalentsEnding": 2362
}
},
"investmentsAndOtherAssets": [
{
"type": "Equity Investment",
"description": "Circadian Wellness Corp. - 1,222,222 shares (post 3:1 share split on May 27, 2021)",
"ownershipPercentage": null,
"value": 0,
"notes": "Fair valued using Level 3 inputs. During the nine months ended December 31, 2025, management assessed the fair value of the investment and determined that its estimated fair value was negligible."
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 352354962,
"classesOfShares": ["Common Shares"],
"warrants": [],
"options": [
{
"number": 2040000,
"exercisePrice": 0.27,
"expiryDate": "2026-07-14"
},
{
"number": 1775000,
"exercisePrice": 0.22,
"expiryDate": "2027-01-25"
},
{
"number": 50000,
"exercisePrice": 0.13,
"expiryDate": "2027-04-07"
},
{
"number": 2295000,
"exercisePrice": 0.05,
"expiryDate": "2028-03-31"
},
{
"number": 500000,
"exercisePrice": 0.05,
"expiryDate": "2028-09-11"
},
{
"number": 2825000,
"exercisePrice": 0.06,
"expiryDate": "2029-04-04"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"threeMonthsEnded2025-12-31": {
"consultingFees": 70,
"directorFees": 13,
"stockBasedCompensation": 0,
"total": 83
},
"threeMonthsEnded2024-12-31": {
"consultingFees": 70,
"directorFees": 24,
"stockBasedCompensation": 11,
"total": 105
},
"nineMonthsEnded2025-12-31": {
"consultingFees": 208,
"directorFees": 53,
"stockBasedCompensation": 0,
"total": 261
},
"nineMonthsEnded2024-12-31": {
"consultingFees": 216,
"directorFees": 73,
"stockBasedCompensation": 74,
"total": 363
}
},
"namedIndividuals": [
{
"name": null,
"title": "CEO",
"period": "threeMonthsEnded2025-12-31",
"components": {
"salary": 44,
"bonus": 0,
"total": 44
}
},
{
"name": null,
"title": "CFO",
"period": "threeMonthsEnded2025-12-31",
"components": {
"salary": 26,
"bonus": 0,
"total": 26
}
},
{
"name": null,
"title": "Directors",
"period": "threeMonthsEnded2025-12-31",
"components": {
"salary": 13,
"bonus": 0,
"total": 13
}
},
{
"name": null,
"title": "CEO",
"period": "threeMonthsEnded2024-12-31",
"components": {
"salary": 44,
"bonus": 0,
"shareBased": 7,
"total": 51
}
},
{
"name": null,
"title": "CFO",
"period": "threeMonthsEnded2024-12-31",
"components": {
"salary": 26,
"bonus": 0,
"shareBased": 2,
"total": 28
}
},
{
"name": null,
"title": "Directors",
"period": "threeMonthsEnded2024-12-31",
"components": {
"salary": 24,
"bonus": 0,
"shareBased": 2,
"total": 26
}
},
{
"name": null,
"title": "CEO",
"period": "nineMonthsEnded2025-12-31",
"components": {
"salary": 131,
"bonus": 0,
"total": 131
}
},
{
"name": null,
"title": "CFO",
"period": "nineMonthsEnded2025-12-31",
"components": {
"salary": 77,
"bonus": 0,
"total": 77
}
},
{
"name": null,
"title": "Directors",
"period": "nineMonthsEnded2025-12-31",
"components": {
"salary": 53,
"bonus": 0,
"total": 53
}
},
{
"name": null,
"title": "CEO",
"period": "nineMonthsEnded2024-12-31",
"components": {
"salary": 131,
"bonus": 0,
"shareBased": 47,
"total": 178
}
},
{
"name": null,
"title": "CFO",
"period": "nineMonthsEnded2024-12-31",
"components": {
"salary": 85,
"bonus": 0,
"shareBased": 15,
"total": 100
}
},
{
"name": null,
"title": "Directors",
"period": "nineMonthsEnded2024-12-31",
"components": {
"salary": 73,
"bonus": 0,
"shareBased": 12,
"total": 85
}
}
],
"otherRelatedPartyTransactions": [
{
"counterparty": "Close family member of key management personnel",
"description": "Consulting fees for IT and branded communications management",
"amount": 75,
"period": "nineMonthsEnded2025-12-31"
},
{
"counterparty": "Close family member of key management personnel",
"description": "Office fees for general office administration and maintenance",
"amount": 12,
"period": "nineMonthsEnded2025-12-31"
}
]
},
"subsequentEvents": [
{
"eventDate": "2026-01-13",
"description": "Entered into an unsecured promissory note agreement for gross proceeds of US$65 maturing on July 13, 2027. The promissory note bears interest at 8% per annum and the accrued interest is payable on the maturity date.",
"impactValue": 89
}
]
}
]
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