SEDAR Interim Financial Statements

[
  {
    "companyName": "Railtown AI Technologies Inc.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 517893,
      "receivables": 262348,
      "prepaidExpenses": 88470,
      "totalCurrentAssets": 868711,
      "equipment": 17357,
      "rightOfUseAsset": 49251,
      "goodwill": 22591378,
      "totalAssets": 23526697,
      "tradePayablesAndAccruedLiabilities": 291888,
      "leaseLiabilityCurrentPortion": 43338,
      "derivativeLiability": 1481,
      "totalCurrentLiabilities": 336707,
      "leaseLiability": 19964,
      "totalLiabilities": 356671,
      "shareCapital": 40108710,
      "contributionSurplus": 2330703,
      "deficit": -19269387,
      "totalShareholdersEquity": 23170026,
      "cashPerShare": 0.0032,
      "workingCapitalPerShare": 0.0033
    },
    "incomeStatement": {
      "consultingFees": 297955,
      "depreciation": 10472,
      "filingFees": 53932,
      "interestOnLease": 2272,
      "investorRelations": 56304,
      "marketingAndPromotion": 19375,
      "office": 57976,
      "productDevelopment": 24091,
      "professionalFees": 85576,
      "salariesAndBenefits": 411401,
      "shareBasedCompensation": 49012,
      "travel": 14645,
      "gainOnChangeInFairValueOfWarrants": 1306568,
      "netIncomeLoss": 223557,
      "weightedAverageSharesOutstandingBasic": 162846936,
      "basicLossPerShare": -0.0,
      "dilutedLossPerShare": -0.0
    },
    "cashFlowStatement": {
      "netIncomeLoss": 223557,
      "depreciation": 10473,
      "interestOnLeaseLiability": 2272,
      "gainOnFairValueOfWarrants": -1306568,
      "shareBasedCompensation": 49012,
      "changeInReceivables": -28212,
      "changeInPrepaidExpense": 154439,
      "changeInTradePayablesAndAccruedLiabilities": 83177,
      "netCashUsedInOperatingActivities": -811850,
      "cashFromBusinessAcquisition": 84852,
      "purchaseOfEquipment": -2999,
      "netCashUsedInInvestingActivities": 81853,
      "proceedsFromPrivatePlacements": 0,
      "unitIssuanceCostsCash": 0,
      "proceedsFromExerciseOfWarrants": 507534,
      "leasePayments": -12118,
      "netCashProvidedByFinancingActivities": 495416,
      "changeInCash": -234581,
      "cashBeginning": 752474,
      "cashEnd": 517893
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 194386776,
      "classesOfShares": ["Common Shares"],
      "warrants": [
        { "number": 3405250, "exercisePrice": 0.42, "expiryDate": "2026-01-12" },
        { "number": 475946, "exercisePrice": 0.21, "expiryDate": "2026-01-12" },
        { "number": 25000, "exercisePrice": 0.30, "expiryDate": "2026-02-15" },
        { "number": 7500, "exercisePrice": 0.15, "expiryDate": "2026-02-15" },
        { "number": 5585500, "exercisePrice": 0.30, "expiryDate": "2026-02-28" },
        { "number": 1428500, "exercisePrice": 0.15, "expiryDate": "2026-02-28" },
        { "number": 200000, "exercisePrice": 0.30, "expiryDate": "2026-03-01" },
        { "number": 14400, "exercisePrice": 0.15, "expiryDate": "2026-03-01" },
        { "number": 3155833, "exercisePrice": 0.25, "expiryDate": "2026-06-21" },
        { "number": 51447, "exercisePrice": 0.15, "expiryDate": "2026-06-21" },
        { "number": 977000, "exercisePrice": 0.25, "expiryDate": "2026-06-27" },
        { "number": 26800, "exercisePrice": 0.15, "expiryDate": "2026-06-27" },
        { "number": 3282500, "exercisePrice": 0.60, "expiryDate": "2026-12-09" },
        { "number": 523602, "exercisePrice": 0.30, "expiryDate": "2026-12-09" },
        { "number": 262666, "exercisePrice": 0.125, "expiryDate": "2029-06-07" },
        { "number": 600000, "exercisePrice": 0.75, "expiryDate": "2027-01-09" }
      ],
      "options": [
        { "number": 1900000, "exercisePrice": 0.25, "expiryDate": "2026-03-15" },
        { "number": 125000, "exercisePrice": 0.25, "expiryDate": "2026-05-13" },
        { "number": 1250000, "exercisePrice": 0.25, "expiryDate": "2028-02-09" },
        { "number": 1100000, "exercisePrice": 0.25, "expiryDate": "2028-11-01" },
        { "number": 2800000, "exercisePrice": 0.50, "expiryDate": "2029-11-22" }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": [
        {
          "period": "three months ended December 31, 2025",
          "components": {
            "salaries": 112933
          }
        },
        {
          "period": "three months ended December 31, 2024",
          "components": {
            "salaries": 105000
          }
        }
      ],
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Company with common directors",
          "description": "Consulting fees",
          "amount": 0,
          "period": "three months ended December 31, 2025"
        },
        {
          "counterparty": "Company with common directors",
          "description": "Consulting fees",
          "amount": 15000,
          "period": "three months ended December 31, 2024"
        },
        {
          "counterparty": "Related parties",
          "description": "Trade payables and accrued liabilities",
          "amount": 0,
          "period": "three months ended December 31, 2025"
        },
        {
          "counterparty": "Related parties",
          "description": "Trade payables and accrued liabilities",
          "amount": 93,
          "period": "three months ended December 31, 2024"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": null,
        "description": "Issued 5,664,472 common shares pursuant to the exercise of warrants.",
        "impactValue": null
      },
      {
        "eventDate": null,
        "description": "Issued 11,333,334 units at $0.30 per Unit, each Unit comprised of one common share and one-half warrant exercisable at $0.45 for 18 months.",
        "impactValue": null
      }
    ]
  }
]