SEDAR Interim Financial Statements

[
  {
    "companyName": "Mazarin Inc.",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 864,
      "restrictedCash": 1416,
      "restrictedCashRelatedToRestructuring": 2778,
      "accountsReceivable": 4040,
      "incomeTaxRecoverable": 899,
      "prepaidExpenses": 251,
      "currentPortionOfInvestments": 1263,
      "totalCurrentAssets": 11511,
      "investments": 32292,
      "securityDeposits": 339,
      "propertyPlantAndEquipment": 1267,
      "totalNonCurrentAssets": 33898,
      "totalAssets": 45409,
      "accountsPayableAndAccruedLiabilities": 6616,
      "incomeTaxPayable": 283,
      "currentPortionOfLitigationRelatedLiabilities": 3170,
      "restructuringLiabilitiesOfASubsidiary": 13967,
      "currentPortionOfDeferredRevenue": 59,
      "totalCurrentLiabilities": 24095,
      "litigationRelatedLiabilities": 28025,
      "deferredRevenue": 145,
      "securityDepositPayable": 284,
      "postEmploymentBenefitLiabilities": 510,
      "deferredTaxLiabilities": 118,
      "totalNonCurrentLiabilities": 29082,
      "totalLiabilities": 53177,
      "capitalStock": 4567,
      "contributedSurplus": 7537,
      "deficit": -15433,
      "totalEquityAttributableToShareholders": -3329,
      "nonControllingInterests": -4439,
      "totalEquity": -7768,
      "cashPerShare": 0.0173,
      "workingCapitalPerShare": -0.2520
    },
    "incomeStatement": {
      "revenue": 4574,
      "revenueFromMiningProperties": 1272,
      "investmentIncome": 2818,
      "otherRevenue": 484,
      "operatingExpenses": 21449,
      "miningPropertiesOwnershipAndManagementExpenses": 2205,
      "administrativeExpenses": 1489,
      "litigationManagementFees": 2457,
      "restructuringFeesOfASubsidiary": 15298,
      "incomeBeforeTax": -16875,
      "incomeTaxExpense": null,
      "netIncomeLoss": -16875,
      "basicAndDilutedLossPerShare": -0.22,
      "weightedAverageSharesOutstanding": 49931818.1818
    },
    "cashFlowStatement": {
      "cashFlowsFromOperatingActivities": {
        "netIncomeLoss": -16875,
        "adjustments": {
          "postEmploymentBenefits": 0,
          "shareBasedCompensation": 43,
          "depreciationOfPropertyPlantAndEquipment": 70,
          "gainsOnSaleOfInvestments": -1023,
          "proceedsOnDisposalOfAssetsHeldForSale": 0,
          "netChangeInFairValueOfInvestments": -1272,
          "netChangeInLitigationRelatedLiabilities": 1400
        },
        "changesInWorkingCapital": {
          "accountsReceivable": 1237,
          "incomeTaxesRecoverable": 0,
          "prepaidExpenses": -89,
          "accountsPayableAndAccruedLiabilities": 3727,
          "deferredRevenue": -45,
          "incomeTaxPayable": -377
        },
        "netCashUsedInOperatingActivities": -13204
      },
      "investingActivities": {
        "changesInRestrictedCash": 279,
        "restrictedCashRelatedToRestructuring": -2778,
        "purchaseOfInvestments": -4929,
        "proceedsFromSaleOfInvestments": 6711,
        "purchaseOfPropertyPlantAndEquipment": -107,
        "proceedsOnDisposalOfAssetsHeldForSale": 0,
        "securityDepositsReceivable": -98,
        "netCashUsedInInvestingActivities": -922
      },
      "financingActivities": {
        "shareOptionsExercised": 0,
        "loanRelatedToRestructuring": 13967,
        "longTermDebt": 0,
        "securityDepositsPayable": 114,
        "netCashGeneratedByFinancingActivities": 14081
      },
      "netChangeInCash": -45,
      "cashBeginningOfYear": 909,
      "cashEndOfPeriod": 864,
      "supplementaryInformation": {
        "interestReceived": 224,
        "dividendsReceived": 234
      }
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Government Bonds",
        "description": "Government bonds at fair value through profit or loss",
        "ownershipPercentage": null,
        "value": 6107,
        "notes": "Level 1 fair value hierarchy"
      },
      {
        "type": "Shares",
        "description": "Shares in other companies at fair value through profit or loss",
        "ownershipPercentage": null,
        "value": 14632,
        "notes": "Level 1 and Level 3 fair value hierarchy"
      },
      {
        "type": "Mutual Funds",
        "description": "Mutual funds at fair value through profit or loss",
        "ownershipPercentage": null,
        "value": 12816,
        "notes": "Level 1 and Level 2 fair value hierarchy"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 50254684,
      "classesOfShares": ["Common shares", "Preferred shares"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "nineMonthsEndedSeptember302025": {
          "salariesWagesAndEmployeeBenefits": 674,
          "shareBasedCompensation": 43,
          "totalCompensation": 717
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-10-29",
        "description": "United States Bankruptcy Court for the Southern District of New York issued an order recognizing the validity of the CCAA proceedings in the United States and extending the Monitor’s protection in the United States.",
        "impactValue": null
      }
    ]
  }
]