SEDAR Interim Financial Statements

[
  {
    "companyName": "SSC Security Services Corp.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 8567950,
      "accountsReceivable": 26723451,
      "contractAssets": 1021204,
      "inventories": 248115,
      "prepaidExpenses": 1175449,
      "mortgagesAndLoansReceivable": 365397,
      "otherAssets": 966875,
      "totalCurrentAssets": 39068441,
      "legacyContractAssets": 4846017,
      "mortgagesAndLoansReceivableNonCurrent": 0,
      "propertyAndEquipment": 6827384,
      "deferredIncomeTaxAssets": 2385756,
      "intangibleAssets": 15459133,
      "goodwill": 13909918,
      "totalAssets": 82496649,
      "accountsPayableAndAccruedLiabilities": 10866468,
      "incomeTaxPayable": 63900,
      "obligationsUnderLeaseCurrent": 979128,
      "cashSettledShareBasedPaymentLiabilityCurrent": 1691479,
      "contractLiabilities": 375526,
      "totalCurrentLiabilities": 13976501,
      "obligationsUnderLeaseNonCurrent": 4504700,
      "cashSettledShareBasedPaymentLiabilityNonCurrent": 110968,
      "deferredIncomeTaxLiability": 3085245,
      "totalLiabilities": 21677414,
      "shareCapital": 76089364,
      "contributedSurplus": 4414083,
      "deficit": -19684212,
      "totalEquity": 60819235,
      "cashPerShare": 0.4692,
      "workingCapitalPerShare": 1.3735
    },
    "incomeStatement": {
      "revenue": 33535764,
      "costOfSales": 28428448,
      "grossProfit": 5107316,
      "corporateAdministration": 4083061,
      "depreciationOfPropertyAndEquipment": 580974,
      "amortizationOfIntangibleAssets": 380581,
      "incomeLossFromOperations": 62700,
      "interestIncome": 59918,
      "interestExpense": -115220,
      "financing": -55302,
      "gainFromLegacyBusiness": 0,
      "otherExpenseIncome": -6412,
      "otherIncome": -6412,
      "netIncomeLossBeforeIncomeTax": 986,
      "incomeTaxExpenseRecovery": 8754,
      "netLossAndComprehensiveLoss": -7768,
      "basicLossPerShare": -0.00,
      "fullyDilutedLossPerShare": -0.00
    },
    "cashFlowStatement": {
      "netLoss": -7768,
      "depreciationOfPropertyAndEquipment": 580974,
      "amortizationOfIntangibleAssets": 380581,
      "deferredShareUnitRecoveryExpense": -96479,
      "shareAppreciationRightsRecoveryExpense": -24077,
      "shareBasedCompensation": 0,
      "incomeTaxExpenseRecovery": 8754,
      "expectedCreditLossOnMortgagesAndLoansReceivable": 6839,
      "interestIncome": -59918,
      "interestExpense": 115220,
      "interestReceived": 76888,
      "gainOnMortgageBuyouts": 0,
      "changesInWorkingCapitalItems": -2340509,
      "incomeTaxPaid": -119646,
      "interestPaid": -115221,
      "cashAppliedToOperatingActivities": -1594362,
      "proceedsFromRepaymentOfMortgagesAndLoansReceivable": 25961,
      "purchaseOfPropertyAndEquipment": -334670,
      "cashAppliedToInvestingActivities": -308709,
      "dividendsPaid": -547950,
      "principalLeasePayments": -238312,
      "purchaseOfCommonShares": 0,
      "cashAppliedToFinancingActivities": -786262,
      "decreaseInCash": -2689333,
      "cashAndCashEquivalentsBeginningOfTheYear": 11257283,
      "cashAndCashEquivalentsEndOfTheYear": 8567950
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mortgages and Loans Receivable",
        "description": "Mortgages and loans receivable",
        "ownershipPercentage": null,
        "value": 365397,
        "notes": "Current portion"
      },
      {
        "type": "Legacy Contract Assets",
        "description": "Legacy contract assets",
        "ownershipPercentage": null,
        "value": 4846017,
        "notes": "Non-current"
      }
    ],
    "shareStructure": {
      "authorizedShares": null,
      "issuedShares": 18264286,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedDec312025": {
          "salariesWagesAndBenefits": 2501490,
          "shareBasedCompensation": 0,
          "cashSettledShareBasedPaymentArrangements": -120556,
          "professionalFees": 220679,
          "otherAdministration": 177998
        },
        "threeMonthsEndedDec312024": {
          "salariesWagesAndBenefits": 2690312,
          "shareBasedCompensation": 7339,
          "cashSettledShareBasedPaymentArrangements": 207874,
          "professionalFees": 213428,
          "otherAdministration": 172333
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Private companies controlled by key management",
          "description": "Related party expenses",
          "amount": 355450,
          "period": "threeMonthsEndedDec312025"
        },
        {
          "counterparty": "Private companies controlled by key management",
          "description": "Related party expenses",
          "amount": 225875,
          "period": "threeMonthsEndedDec312024"
        }
      ]
    },
    "subsequentEvents": []
  }
]