Visionstate Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	0.08	0.46	0.09	0.02	0.64
Cash & Short-Term Investments	0.08	0.46	0.09	0.02	0.64
Cash Growth	-83.39%	408.53%	353.43%	-96.89%	-
Accounts Receivable	0.01	0.01	0.01	0.03	0.04
Other Receivables	-	0.18	-	-	-
Receivables	0.01	0.19	0.04	0.03	0.24
Inventory	-	-	-	-	0.02
Prepaid Expenses	0.03	0.09	0.15	0.01	0.02
Total Current Assets	0.11	0.73	0.28	0.06	0.92
Property, Plant & Equipment	0.02	0.04	0.06	0.07	0.01
Long-Term Investments	-	-	-	0.56	0.56
Other Long-Term Assets	0.05	0.05	0.05	0.05	0
Total Assets	0.19	0.83	0.39	0.98	1.49
Accounts Payable	0.1	0.03	0.14	0.14	0.2
Accrued Expenses	0.19	0.27	0.25	0.23	0.27
Short-Term Debt	0.13	0.12	0.12	0.12	0.13
Current Portion of Long-Term Debt	-	-	0.06	-	-
Current Portion of Leases	0.02	0.02	0.02	0.01	0.01
Current Income Taxes Payable	-	-	-	-	0.01
Current Unearned Revenue	0.06	0.05	0.01	0.03	0.16
Other Current Liabilities	-	-	-	0.07	-
Total Current Liabilities	0.49	0.49	0.59	0.6	0.78
Long-Term Debt	-	-	-	0.05	0.05
Long-Term Leases	0.01	0.03	0.05	0.06	-
Total Liabilities	0.5	0.52	0.64	0.72	0.83
Common Stock	12.17	11.93	11.1	10.37	10.08
Additional Paid-In Capital	3.93	3.83	2.67	2.67	2.17
Retained Earnings	-17.68	-16.6	-15.67	-13.94	-13.32
Comprehensive Income & Other	1.26	1.15	1.64	1.17	1.73
Total Common Equity	-0.31	0.31	-0.25	0.26	0.66
Shareholders' Equity	-0.31	0.31	-0.25	0.26	0.66
Total Liabilities & Equity	0.19	0.83	0.39	0.98	1.49
Total Debt	0.16	0.17	0.24	0.25	0.19
Net Cash (Debt)	-0.08	0.29	-0.15	-0.23	0.45
Net Cash Per Share	-0.00	0.00	-0.00	-0.00	0.01
Filing Date Shares Outstanding	258.33	240.13	171.13	120.35	105.96
Total Common Shares Outstanding	258.33	171.13	171.13	110.31	105.96
Working Capital	-0.38	0.25	-0.32	-0.54	0.14
Book Value Per Share	-0.00	0.00	-0.00	0.00	0.01
Tangible Book Value	-0.31	0.31	-0.25	0.26	0.66
Tangible Book Value Per Share	-0.00	0.00	-0.00	0.00	0.01
Machinery	-	-	0.18	0.18	0.18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.