SEDAR Interim Financial Statements

[
  {
    "companyName": "infinitii ai inc.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 265205,
      "accountsAndOtherReceivables": 605975,
      "prepaidExpenses": 23361,
      "totalCurrentAssets": 894541,
      "equipment": 575,
      "totalNonCurrentAssets": 575,
      "totalAssets": 895116,
      "accountsPayableAndAccruedLiabilities": 442636,
      "currentPortionOfLoansPayable": 92901,
      "currentPortionOfConvertibleNotes": 385645,
      "deferredRevenue": 75174,
      "totalCurrentLiabilities": 996356,
      "loansPayable": 0,
      "convertibleNotes": 1305950,
      "totalNonCurrentLiabilities": 1305950,
      "totalLiabilities": 2302306,
      "shareCapital": 25350718,
      "reserves": 4880528,
      "equityFeatureOnConvertibleNotes": 688341,
      "foreignCurrencyTranslationReserve": 95517,
      "deficit": -32422294,
      "totalShareholdersDeficiency": -1407190,
      "totalLiabilitiesAndShareholdersDeficiency": 895116,
      "cashPerShare": 0.0019,
      "workingCapitalPerShare": -0.0007
    },
    "incomeStatement": {
      "revenueDataServices": 1184730,
      "socialReferralSoftware": 30000,
      "customProgrammingServiceContracts": 52925,
      "totalRevenue": 1267655,
      "accretionOfConvertibleNotes": 133751,
      "badDebtRecovery": -6527,
      "computerHostingCosts": 204143,
      "consulting": 381780,
      "depreciationOfEquipment": 573,
      "filingAndTransferAgent": 24146,
      "foreignExchangeLossGain": 8891,
      "interestAndPenalties": 26581,
      "investorRelations": 11020,
      "marketing": 5788,
      "officeAndMiscellaneous": 114295,
      "professionalFees": 174429,
      "shareBasedPayments": 40152,
      "salariesAndWages": 564199,
      "travel": 95036,
      "totalExpenses": 1778257,
      "lossForThePeriod": -510602,
      "foreignExchangeGainLossOnTranslationOfSubsidiary": 1068,
      "comprehensiveLossForThePeriod": -509534,
      "weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 139540003,
      "lossPerShareBasicAndDiluted": -0.0037
    },
    "cashFlowStatement": {
      "lossForThePeriod": -510602,
      "accretionOfConvertibleNotes": 133751,
      "shareBasedPayments": 40152,
      "depreciationOfEquipment": 573,
      "interestExpense": 21721,
      "changesInAccountsAndOtherReceivables": 75338,
      "changesInPrepaidExpenses": -3647,
      "changesInDeferredRevenue": 27289,
      "changesInAccountsPayableAndAccruedLiabilities": -217540,
      "netCashUsedInOperatingActivities": -432965,
      "repaymentOfLoansPayable": -46941,
      "proceedsFromTheIssuanceOfConvertibleNotes": 610000,
      "repaymentOfConvertibleNotes": -5000,
      "netCashProvidedByFinancingActivities": 558059,
      "effectOfForeignExchangeOnCash": -1184,
      "changeInCashDuringThePeriod": 123910,
      "cashBeginningOfPeriod": 141295,
      "cashEndOfPeriod": 265205
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 139540003,
      "classesOfShares": ["common shares"],
      "warrants": [
        {
          "number": 3000000,
          "exercisePrice": 0.1,
          "expiryDate": "2026-12-14"
        },
        {
          "number": 5239048,
          "exercisePrice": 0.1,
          "expiryDate": "2028-05-06"
        },
        {
          "number": 4599172,
          "exercisePrice": 0.1,
          "expiryDate": "2028-05-20"
        }
      ],
      "options": [
        {
          "number": 17120000,
          "exercisePrice": 0.1,
          "expiryDate": null
        },
        {
          "number": 500000,
          "exercisePrice": 0.1,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": "Deferred Share Units (DSUs): 7,679,000 outstanding as at Dec 31, 2025."
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "sixMonthsEndedDec312025": {
          "consultingFees": 230000,
          "shareBasedPayments": 40152,
          "total": 270152
        },
        "sixMonthsEndedDec312024": {
          "consultingFees": 230000,
          "shareBasedPayments": 0,
          "total": 230000
        }
      },
      "namedIndividuals": [
        {
          "name": "Chief Executive Officer",
          "title": "Chief Executive Officer",
          "period": "sixMonthsEndedDec312025",
          "components": {
            "salary": 90000,
            "bonus": null,
            "total": 110076
          }
        },
        {
          "name": "Chief Financial Officer",
          "title": "Chief Financial Officer",
          "period": "sixMonthsEndedDec312025",
          "components": {
            "salary": 60000,
            "bonus": null,
            "total": 60000
          }
        },
        {
          "name": "President",
          "title": "President",
          "period": "sixMonthsEndedDec312025",
          "components": {
            "salary": 80000,
            "bonus": null,
            "total": 80000
          }
        },
        {
          "name": "Non-executive Directors",
          "title": "Non-executive Directors",
          "period": "sixMonthsEndedDec312025",
          "components": {
            "salary": 0,
            "bonus": null,
            "total": 20076
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "RA Revenue Automation Inc.",
          "description": "Social referral software revenue recorded.",
          "amount": 30000,
          "period": "sixMonthsEndedDec312025"
        },
        {
          "counterparty": "Kerr Wood Leidal Associates Ltd.",
          "description": "Data services revenue earned and expenses incurred.",
          "amount": 87249,
          "period": "sixMonthsEndedDec312025"
        }
      ]
    },
    "subsequentEvents": []
  }
]