SEDAR Interim Financial Statements

[
  {
    "companyName": "Computer Modelling Group Ltd.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 20040,
      "restrictedCash": 644,
      "shortTermInvestment": 3700,
      "tradeAndOtherReceivables": 40323,
      "prepaidExpenses": 3062,
      "prepaidIncomeTaxes": 2838,
      "totalCurrentAssets": 70607,
      "otherLongTermAssets": 1325,
      "intangibleAssets": 62335,
      "rightOfUseAssets": 26907,
      "propertyAndEquipment": 11399,
      "goodwill": 18887,
      "deferredTaxAsset": 938,
      "totalAssets": 192398,
      "tradePayablesAndAccruedLiabilities": 16321,
      "incomeTaxesPayable": 804,
      "acquisitionHoldbackPayable": 2237,
      "acquisitionEarnoutPayable": null,
      "deferredRevenue": 31992,
      "leaseLiabilitiesCurrent": 2480,
      "governmentLoanCurrent": 322,
      "totalCurrentLiabilities": 54156,
      "leaseLiabilitiesNonCurrent": 33355,
      "revolvingCreditFacility": 2000,
      "governmentLoanNonCurrent": 1207,
      "otherLongTermLiabilities": 358,
      "deferredTaxLiabilities": 13987,
      "totalLiabilities": 105063,
      "shareCapital": 94773,
      "contributedSurplus": 15977,
      "accumulatedOtherComprehensiveIncomeOrLoss": 4098,
      "deficit": -27513,
      "totalShareholdersEquity": 87335,
      "totalLiabilitiesAndShareholdersEquity": 192398,
      "cashPerShare": 0.2413,
      "workingCapitalPerShare": 0.1983
    },
    "incomeStatement": {
      "revenue": 32685,
      "costOfRevenue": 5975,
      "grossProfit": 26710,
      "salesAndMarketing": 4526,
      "researchAndDevelopment": 8222,
      "generalAndAdministrative": 6743,
      "totalOperatingExpenses": 19491,
      "operatingProfit": 7219,
      "financeIncome": 776,
      "financeCosts": -528,
      "changeInFairValueOfContingentConsideration": null,
      "profitBeforeIncomeAndOtherTaxes": 7467,
      "incomeAndOtherTaxes": 1503,
      "netIncome": 5964,
      "foreignCurrencyTranslationAdjustment": -1548,
      "otherComprehensiveIncome": -1548,
      "totalComprehensiveIncome": 4416,
      "netIncomePerShareBasic": 0.07,
      "netIncomePerShareDiluted": 0.07,
      "dividendPerShare": 0.01,
      "weightedAverageSharesOutstanding": 83069
    },
    "cashFlowStatement": {
      "netIncome": 5964,
      "depreciationAndAmortizationOfPropertyEquipmentRightOfUseAssets": 1157,
      "amortizationOfIntangibleAssets": 1484,
      "deferredIncomeTaxExpenseRecovery": -883,
      "stockBasedCompensation": 187,
      "foreignExchangeAndOtherNonCashItems": -841,
      "changeInFairValueOfContingentConsideration": null,
      "fundsFlowFromOperations": 7068,
      "movementInNonCashWorkingCapitalTradeAndOtherReceivables": -9597,
      "movementInNonCashWorkingCapitalTradePayablesAndAccruedLiabilities": 5441,
      "movementInNonCashWorkingCapitalPrepaidExpensesAndOtherAssets": 63,
      "movementInNonCashWorkingCapitalIncomeTaxesReceivablePayable": -378,
      "movementInNonCashWorkingCapitalDeferredRevenue": -2592,
      "changeInNonCashWorkingCapital": -7063,
      "netCashProvidedByOperatingActivities": 5,
      "repaymentOfGovernmentLoan": null,
      "proceedsFromIssuanceOfCommonShares": null,
      "proceedFromCreditFacility": 2000,
      "repurchaseOfShares": -6024,
      "repaymentOfLeaseLiabilities": -539,
      "dividendsPaid": -823,
      "creditFacilityIssuanceCost": -1155,
      "netCashUsedInFinancingActivities": -6541,
      "corporateAcquisitionNetOfCashAcquired": null,
      "purchaseOfShortTermInvestment": -3700,
      "settlementOfContingentConsideration": null,
      "propertyAndEquipmentAdditionsNetOfDisposals": -723,
      "netCashUsedInInvestingActivities": -4423,
      "decreaseInCash": -10959,
      "effectOfForeignExchangeOnCash": -1840,
      "cashBeginningOfYear": 32839,
      "cashEndOfYear": 20040,
      "interestReceived": 362,
      "interestPaid": 528,
      "incomeTaxesPaid": 3375
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Short-term Investment",
        "description": "Short-term investment",
        "ownershipPercentage": null,
        "value": 3700,
        "notes": "Measured at amortized cost"
      },
      {
        "type": "Intangible Assets",
        "description": "Technology and customer relationships from acquisitions",
        "ownershipPercentage": null,
        "value": 62335,
        "notes": "Includes technology and customer relationships from acquisitions such as SeisWare"
      },
      {
        "type": "Goodwill",
        "description": "Goodwill from acquisitions",
        "ownershipPercentage": null,
        "value": 18887,
        "notes": "Primarily attributable to strategy to improve operations, opportunities to increase sales, and other intangible assets"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares, unlimited non-voting shares, unlimited preferred shares",
      "issuedShares": 81574,
      "classesOfShares": ["Common shares", "Non-voting shares", "Preferred shares"],
      "warrants": [],
      "options": [
        {
          "number": 4431000,
          "exercisePrice": 6.07,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedDec312025": {
          "equitySettledPlans": 179,
          "cashSettledPlans": 9,
          "totalStockBasedCompensationExpense": 188
        },
        "nineMonthsEndedDec312025": {
          "equitySettledPlans": 691,
          "cashSettledPlans": -12,
          "totalStockBasedCompensationExpense": 679
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-02-10",
        "description": "Board of Directors declared a quarterly cash dividend of $0.01 per share on its common shares, payable on March 13, 2026 to shareholders of record on March 5, 2026",
        "impactValue": null
      }
    ]
  }
]