SEDAR Interim Financial Statements

[
  {
    "companyName": "AnorTech Inc.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 1826034,
      "salesTaxAndOtherReceivables": 21419,
      "prepaidExpenses": 37852,
      "totalCurrentAssets": 1885305,
      "equipment": 1925,
      "resourceProperties": 7376,
      "totalNonCurrentAssets": 9301,
      "totalAssets": 1894606,
      "accountsPayableAndAccruedLiabilities": 5761,
      "totalLiabilities": 5761,
      "shareCapital": 78370502,
      "reserves": 13610558,
      "deficit": -90092215,
      "totalEquity": 1888845,
      "totalEquityAndLiabilities": 1894606,
      "cashPerShare": 0.0101,
      "workingCapitalPerShare": 0.0104
    },
    "incomeStatement": {
      "depreciation": 1547,
      "explorationAndEvaluationCosts": 309455,
      "foreignExchange": -1756,
      "interest": 1374,
      "office": 29408,
      "personnelCosts": 136848,
      "professionalFees": 90211,
      "rent": 1692,
      "shareBasedPayments": 103821,
      "shareholderAndCommunityEngagement": 5240,
      "transferAgentAndFilingFees": 30175,
      "travelAndAccommodation": 26655,
      "totalExpenses": -734670,
      "otherIncome": 0,
      "interestIncome": 44738,
      "netLoss": -689932,
      "basicEarningsPerShare": 0,
      "dilutedEarningsPerShare": 0,
      "weightedAverageSharesBasic": 181642538,
      "weightedAverageSharesDiluted": 181642538
    },
    "cashFlowStatement": {
      "netLoss": -689932,
      "depreciation": 1547,
      "shareBasedPayments": 103821,
      "netChangesInNonCashWorkingCapital": {
        "salesTaxAndOtherReceivables": 915,
        "prepaidExpenses": -14581,
        "accountsPayableAndAccruedLiabilities": -101428
      },
      "netCashUsedInOperatingActivities": -699658,
      "cashBeginning": 2525692,
      "cashEnd": 1826034,
      "interestReceived": 44738,
      "supplementaryCashFlowInformation": {
        "reclassificationOfFairValueOfOptionsForfeited": 165617,
        "reclassificationOfFairValueOfWarrantsExpired": 0
      }
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Resource Properties",
        "description": "Gronne Bjerg exploration license for anorthosite in Greenland. Also includes 5% future interest in Sarfartoq and Nukittooq projects.",
        "ownershipPercentage": null,
        "value": 7376,
        "notes": "Carrying amount of mineral properties as at December 31, 2025."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 181642538,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [
        {
          "number": 3000000,
          "exercisePrice": 0.05,
          "expiryDate": "2027-10-17"
        },
        {
          "number": 4950000,
          "exercisePrice": 0.05,
          "expiryDate": "2029-09-04"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": [
        {
          "period": "2025-12-31",
          "salaries": 112500,
          "professionalFees": 56250,
          "shareBasedPayments": 103821,
          "total": 272571
        },
        {
          "period": "2024-12-31",
          "salaries": 198360,
          "professionalFees": 56250,
          "shareBasedPayments": 79959,
          "total": 334568
        }
      ],
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": null,
        "description": "Grant of 5,150,000 stock options with an exercise price of $0.10 per share, vesting in three equal tranches over 18 months.",
        "impactValue": null
      }
    ]
  }
]