SEDAR Interim Financial Statements

[
  {
    "companyName": "ASTRON CONNECT INC.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 444935,
      "otherReceivables": 4008,
      "prepaidExpensesAndDeposit": 16257,
      "totalCurrentAssets": 465200,
      "investment": 1,
      "totalAssets": 465201,
      "accountsPayableAndAccruedLiabilities": 279292,
      "customerDeposits": 36692,
      "totalCurrentLiabilities": 315984,
      "totalLiabilities": 315984,
      "shareCapital": 8553477,
      "shareSubscriptionReceived": 193000,
      "reserves": 469455,
      "deficit": -9066715,
      "totalShareholdersEquityDeficit": 149217,
      "totalLiabilitiesAndShareholdersEquity": 465201,
      "cashPerShare": 0.0147,
      "workingCapitalPerShare": 0.0049
    },
    "incomeStatement": {
      "consulting": 10000,
      "directorFees": 12000,
      "filing": 9784,
      "office": 7073,
      "professionalFees": 44372,
      "managementFees": 22500,
      "totalExpenses": 105729,
      "lossFromOperations": -105729,
      "interestIncome": 23,
      "foreignExchangeLoss": -186,
      "governmentLoanForgiveness": null,
      "otherIncomeLoss": -163,
      "netLossAndComprehensiveLoss": -105892,
      "lossPerCommonShareBasicAndFullyDiluted": 0,
      "weightedAverageNumberOfCommonSharesOutstanding": 30271236
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -105892,
      "adjustmentsForItemsNotInvolvingCash": null,
      "changesInTradeAndOtherReceivables": -3445,
      "changesInPrepaidExpenses": -8788,
      "changesInAccountsPayableAndAccruedLiabilities": 39962,
      "cashUsedInOperatingActivities": -78163,
      "netProceedsFromShareIssuanceForCash": 193000,
      "repaymentOfGovernmentSubsidiaryObligation": null,
      "cashProvidedByFinancingActivities": 193000,
      "increaseInCash": 114837,
      "cashAndCashEquivalentsBeginning": 330098,
      "cashAndCashEquivalentsEnding": 444935
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Investment",
        "description": "15% equity interest in a Canadian bottled water supplier (the 'Borrower') acquired for $1. Loan receivable of $480,000 acquired for $330,000 cash and $150,000 in common shares. Loan is unsecured, bears 10% interest, but fully impaired and interest accrual stopped.",
        "ownershipPercentage": 15,
        "value": 1,
        "notes": "Loan receivable and accrued interest of $485,786 fully impaired. Investment carried at $1."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited number of voting common shares without par value",
      "issuedShares": 30271236,
      "classesOfShares": ["Common shares"],
      "warrants": [
        {
          "number": 47800000,
          "exercisePrice": 0.05,
          "expiryDate": null
        }
      ],
      "options": [],
      "rightsConvertibleInstruments": "Subscription receipts (47,800,000 issued post-period) convertible to common shares and warrants."
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025": {
          "directorFees": 12000,
          "salariesAndBenefits": 22500,
          "total": 34500
        },
        "2024": {
          "directorFees": null,
          "salariesAndBenefits": null,
          "total": null
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Directors and officers",
          "description": "Amounts owing included in accounts payable and accrued liabilities",
          "amount": 143450,
          "period": "As at December 31, 2025"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-02-26",
        "description": "Closed a non-brokered private placement of 47,800,000 subscription receipts at $0.05 per receipt for gross proceeds of $2,390,000. Each receipt comprises one common share and one warrant exercisable at $0.05 for 36 months.",
        "impactValue": 2390000
      }
    ]
  }
]