SEDAR Interim Financial Statements

[
  {
    "companyName": "Nextleaf Solutions Ltd.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 680277,
      "receivablesAndPrepayments": 1957031,
      "inventory": 3969644,
      "totalCurrentAssets": 6606952,
      "deposits": 335242,
      "propertyAndEquipment": 2163221,
      "intangibleAssets": 388902,
      "totalNonCurrentAssets": 2887365,
      "totalAssets": 9494317,
      "accountsPayableAndAccruedLiabilities": 1979875,
      "governmentTaxesPayable": 2223778,
      "customerDeposits": null,
      "leaseLiabilityCurrent": 119814,
      "totalCurrentLiabilities": 4323467,
      "leaseLiabilityNonCurrent": 307951,
      "totalLiabilities": 4631418,
      "shareCapital": 27068156,
      "reserves": 1664977,
      "deficit": -23870234,
      "totalShareholdersEquity": 4862899,
      "cashPerShare": 0.0040,
      "workingCapitalPerShare": 0.0136
    },
    "incomeStatement": {
      "revenue": 3994369,
      "exciseTaxes": -973850,
      "netRevenue": 3020519,
      "costOfSales": 1732322,
      "grossProfit": 1288197,
      "administrativeExpenses": 124154,
      "amortization": 17169,
      "depreciation": 8749,
      "financeCosts": 15810,
      "investorRelationsAndMarketing": 244026,
      "professionalFeesAndConsulting": 90987,
      "researchAndOperationalSupplies": 61456,
      "salariesAndFees": 466675,
      "totalExpenses": 1029026,
      "gainOnSettlementOfAccountsPayable": null,
      "incomeAndComprehensiveIncome": 259171,
      "weightedAverageSharesOutstandingBasic": 168505092,
      "weightedAverageSharesOutstandingDiluted": 168505092,
      "basicEarningsPerShare": 0.00,
      "dilutedEarningsPerShare": 0.00
    },
    "cashFlowStatement": {
      "incomeForThePeriod": 259171,
      "amortization": 17169,
      "depreciation": 57811,
      "financeCosts": 15810,
      "sharesIssuedForSalariesAndFees": 32500,
      "gainOnSettlementOfAccountsPayable": null,
      "receivablesAndPrepayments": -1050648,
      "inventory": -390165,
      "deposits": null,
      "accountsPayableAndAccruedLiabilities": 1209338,
      "governmentTaxPayable": 197623,
      "customerDeposits": null,
      "cashFromOperatingActivities": 348609,
      "purchasesOfPropertyAndEquipment": -55671,
      "developmentCostsForIntangibleAssets": -16892,
      "cashUsedInInvestingActivities": -72563,
      "leasePayments": -42332,
      "cashUsedInFinancingActivities": -42332,
      "changeInCash": 233714,
      "cashBeginningOfPeriod": 446563,
      "cashEndOfPeriod": 680277
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 168819815,
      "classesOfShares": ["common shares"],
      "warrants": [
        {
          "number": 3200000,
          "exercisePrice": 0.08,
          "expiryDate": "2027-09-21"
        },
        {
          "number": 3675000,
          "exercisePrice": 0.14,
          "expiryDate": "2027-09-21"
        }
      ],
      "options": [
        {
          "number": 390000,
          "exercisePrice": 0.35,
          "expiryDate": "2026-01-13"
        },
        {
          "number": 160000,
          "exercisePrice": 0.35,
          "expiryDate": "2026-02-15"
        },
        {
          "number": 790000,
          "exercisePrice": 0.28,
          "expiryDate": "2026-08-04"
        },
        {
          "number": 70000,
          "exercisePrice": 0.18,
          "expiryDate": "2027-04-19"
        },
        {
          "number": 9925000,
          "exercisePrice": 0.14,
          "expiryDate": "2029-03-01"
        }
      ],
      "rightsConvertibleInstruments": "Shareholder Rights Plan in effect (Note 7)"
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-12-31": {
          "directorsFees": 12000,
          "salariesAndFees": 60750,
          "total": 72750
        },
        "2024-12-31": {
          "directorsFees": 12000,
          "salariesAndFees": 68250,
          "total": 80250
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-01-13",
        "description": "390,000 stock options expired unexercised",
        "impactValue": null
      },
      {
        "eventDate": "2026-02-15",
        "description": "160,000 stock options expired unexercised",
        "impactValue": null
      }
    ]
  }
]