SEDAR Interim Financial Statements

[
  {
    "companyName": "Trail Blazer Capital Corp.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 744620,
      "loanReceivable": 250000,
      "interestReceivable": 39148,
      "prepaidExpenses": 1658,
      "totalCurrentAssets": 1035426,
      "accountsPayableAndAccruedLiabilities": 4098,
      "totalCurrentLiabilities": 4098,
      "totalLiabilities": 4098,
      "shareCapital": 1267912,
      "reserves": 74658,
      "accumulatedDeficit": -311242,
      "totalShareholdersEquity": 1031328,
      "totalLiabilitiesAndShareholdersEquity": 1035426,
      "cashPerShare": 0.0496,
      "workingCapitalPerShare": 0.0688
    },
    "incomeStatement": {
      "generalAndAdministrativeCosts": 29126,
      "professionalFees": 15870,
      "transferAgentRegulatoryAndFilingFees": 12132,
      "operatingExpenses": -57128,
      "interestIncome": 25995,
      "netIncomeLossAndComprehensiveIncomeLoss": -31133,
      "basicAndDilutedLossPerShare": 0,
      "weightedAverageNumberOfCommonSharesOutstanding": 15000000
    },
    "cashFlowStatement": {
      "netLoss": -31133,
      "interestReceivable": -24987,
      "prepaidExpenses": 7463,
      "accountsPayableAndAccruedLiabilities": -14457,
      "netCashFlowsUsedInOperatingActivities": -63114,
      "loanReceivable": null,
      "netCashFlowsUsedInInvestingActivities": null,
      "netDecreaseInCashAndCashEquivalents": -63114,
      "cashAndCashEquivalentsBeginningOfPeriod": 807734,
      "cashAndCashEquivalentsEndOfPeriod": 744620
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Loan Receivable",
        "description": "Working capital loan to Good Purpose Investments Inc. (GPI) secured by a general charge over GPI's assets, 5.0% annual interest rate.",
        "ownershipPercentage": null,
        "value": 250000,
        "notes": "Bridge Loan for potential Qualifying Transaction; repayable within 6 months if transaction terminated."
      },
      {
        "type": "Marketable Securities",
        "description": "Guaranteed Investment Certificates (GIC) - cashable at any time, fixed interest rate 2.85%.",
        "ownershipPercentage": null,
        "value": 740000,
        "notes": "Part of cash and cash equivalents."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 15000000,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [
        {
          "number": 1000000,
          "exercisePrice": 0.1,
          "expiryDate": "2026-11-12"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "nineMonthsEndedDec312025": {
          "salaries": null,
          "shareBased": null,
          "bonus": null,
          "total": null
        },
        "nineMonthsEndedDec312024": {
          "salaries": null,
          "shareBased": null,
          "bonus": null,
          "total": null
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-02-04",
        "description": "Granted 500,000 stock options to management and directors, exercisable at $0.075 per share, expiring five years from grant date.",
        "impactValue": null
      }
    ]
  }
]