Charbone Hydrogen Corporation

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Total Revenue	0.00	0.00	5,067	64,525	79,085
Operating Revenue	0.00	0.00	5,067	64,525	79,085
Selling General And Administration	519,697	640,488	1.1M	723,433	497,273
General And Administrative Expense	465,511	568,558	999,521	637,872	407,796
Research And Development	--	--	6,761	--	--
Depreciation And Amortization In Income Statement	80,412	80,153	80,931	78,518	78,538
Operating Expense	600,109	720,641	1.2M	811,885	575,811
Operating Income	-600,109	-720,641	-1.2M	-747,360	-496,726
EBIT	-630,617	-371,925	-1.1M	-896,205	-505,457
Interest Expense	86,556	70,542	90,523	54,797	99,751
Interest Expense Non Operating	86,556	70,542	90,523	54,797	99,751
Net Interest Income	-86,556	184,198	-49,190	-54,797	-99,751
Other Income Expense	-30,508	93,976	42,123	-148,845	-8,731
Other Non Operating Income Expenses	22,950	22,747	--	--	--
Special Income Charges	-6,984	0.00	0.00	-93,528	0.00
Gain On Sale Of Security	-46,474	71,229	42,123	-55,317	-8,731
Pretax Income	-717,173	-442,467	-1.2M	-951,002	-605,208
Tax Provision	2,067	2,075	2,153	88.00	4,055
Tax Effect Of Unusual Items	-8,019	10,684	6,318	-22,327	-1,310
Net Income From Continuing And Discontinued Operation	-719,240	-444,542	-1.2M	-951,090	-609,263
Net Income From Continuing Operation Net Minority Interest	-719,240	-444,542	-1.2M	-951,090	-609,263
Net Income Including Noncontrolling Interests	-719,240	-444,542	-1.2M	-951,090	-609,263
Net Income Common Stockholders	-719,240	-444,542	-1.2M	-951,090	-609,263
Net Income	-719,240	-444,542	-1.2M	-951,090	-609,263
EBITDA	-550,204	-291,772	-1.0M	-817,687	-426,919
Normalized EBITDA	-496,746	-363,001	-1.1M	-668,842	-418,188
Reconciled Depreciation	80,413	80,152	80,931	78,518	78,538
Basic EPS	-0.01	-0.00	-0.01	--	-0.01
Diluted EPS	-0.01	-0.00	-0.01	--	-0.01
Basic Average Shares	118.5M	114.5M	108.9M	--	105.8M
Diluted Average Shares	118.5M	114.5M	108.9M	--	105.8M
Total Unusual Items	-53,458	71,229	42,123	-148,845	-8,731
Total Unusual Items Excluding Goodwill	-53,458	71,229	42,123	-148,845	-8,731
Tax Rate For Calcs	0.15	0.15	0.15	0.15	0.15
Normalized Income	-673,801	-505,087	-1.2M	-824,572	-601,842
Amortization	5,945	5,971	6,194	6,033	10,122
Amortization Of Intangibles Income Statement	5,945	5,971	6,194	6,033	10,122
Depreciation Amortization Depletion Income Statement	80,412	80,153	80,931	78,518	78,538
Depreciation Income Statement	74,467	74,182	74,737	72,485	68,416
Diluted NI Availto Com Stockholders	-719,240	-444,542	-1.2M	-951,090	-609,263
Gain On Sale Of Ppe	0.00	0.00	--	0.00	0.00
Net Income Continuous Operations	-719,240	-444,542	-1.2M	-951,090	-609,263
Net Non Operating Interest Income Expense	-86,556	184,198	-49,190	-54,797	-99,751
Other Gand A	378,489	475,810	659,273	444,747	316,506
Other Special Charges	6,984	--	--	0.00	--
Salaries And Wages	87,022	92,748	340,248	193,125	91,290
Selling And Marketing Expense	54,186	71,930	96,420	85,561	89,477
Total Expenses	600,109	720,641	1.2M	811,885	575,811
Total Operating Income As Reported	-577,159	-697,894	-1.2M	-840,888	-496,726
Total Other Finance Cost	--	-254,740	-41,333	0.00	--

Line Item	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Cash And Cash Equivalents	486,296	11,785	48,448	452,739	34,428
Cash Cash Equivalents And Short Term Investments	486,296	11,785	48,448	452,739	34,428
Cash Financial	486,296	11,785	48,448	452,739	34,428
Accounts Receivable	0.00	0.00	2,300	4,717	28,177
Receivables	340,489	165,549	70,102	115,839	106,208
Prepaid Assets	123,351	66,351	28,189	56,263	141,917
Current Assets	950,136	243,685	146,739	624,841	282,553
Gross PPE	9.6M	7.4M	7.0M	6.8M	4.4M
Accumulated Depreciation	-1.2M	-1.1M	-1.0M	-967,324	-793,236
Net PPE	8.4M	6.3M	6.0M	5.8M	3.7M
Goodwill And Other Intangible Assets	149,210	152,012	166,385	172,746	188,525
Other Non Current Assets	231,970	225,769	213,822	213,969	200,433
Total Non Current Assets	8.8M	6.7M	6.4M	6.2M	4.1M
Total Assets	9.8M	6.9M	6.5M	6.8M	4.4M
Current Debt	2.0M	1.7M	1.7M	1.7M	589,897
Current Debt And Capital Lease Obligation	2.2M	1.9M	1.9M	1.8M	719,416
Accounts Payable	5.7M	3.2M	3.5M	3.5M	3.2M
Payables	5.7M	3.2M	3.6M	3.5M	3.2M
Payables And Accrued Expenses	6.0M	3.4M	3.8M	3.6M	3.3M
Current Accrued Expenses	298,112	232,549	185,187	111,178	98,931
Other Current Liabilities	-666,667	--	--	--	-1.00
Current Liabilities	7.6M	5.3M	5.6M	5.4M	4.1M
Long Term Debt	1.6M	1.5M	1.6M	1.5M	1.2M
Long Term Debt And Capital Lease Obligation	2.6M	2.6M	2.6M	2.6M	2.3M
Long Term Capital Lease Obligation	1.0M	1.0M	1.1M	1.1M	1.1M
Total Non Current Liabilities Net Minority Interest	3.3M	2.6M	2.7M	2.8M	2.3M
Total Liabilities Net Minority Interest	10.9M	7.9M	8.3M	8.2M	6.4M
Common Stock	16.4M	16.0M	14.9M	14.3M	12.8M
Capital Stock	16.4M	16.0M	14.9M	14.3M	12.8M
Additional Paid In Capital	2.1M	2.1M	1.0M	550,979	317,063
Retained Earnings	-20.4M	-19.7M	-19.2M	-18.1M	-17.1M
Gains Losses Not Affecting Retained Earnings	38,241	26,100	56,138	56,728	6,484
Other Equity Adjustments	38,241	26,100	56,138	56,728	6,484
Common Stock Equity	-1.1M	-1.0M	-1.8M	-1.4M	-2.0M
Stockholders Equity	-1.1M	-1.0M	-1.8M	-1.4M	-2.0M
Total Equity Gross Minority Interest	-1.1M	-1.0M	-1.8M	-1.4M	-2.0M
Total Capitalization	432,361	531,666	-241,694	181,263	-786,661
Net Tangible Assets	-1.3M	-1.2M	-2.0M	-1.5M	-2.2M
Tangible Book Value	-1.3M	-1.2M	-2.0M	-1.5M	-2.2M
Working Capital	-6.6M	-5.0M	-5.5M	-4.8M	-3.8M
Invested Capital	2.5M	2.2M	1.5M	1.9M	-196,764
Total Debt	4.8M	4.4M	4.5M	4.5M	3.0M
Net Debt	3.1M	3.2M	3.3M	2.8M	1.8M
Share Issued	177.8M	168.5M	145.8M	135.8M	107.1M
Ordinary Shares Number	177.8M	168.5M	145.8M	135.8M	107.1M
Buildings And Improvements	198,316	197,037	200,293	200,351	196,397
Capital Lease Obligations	1.1M	1.2M	1.2M	1.2M	1.2M
Construction In Progress	6.6M	4.4M	4.0M	3.8M	1.6M
Current Capital Lease Obligation	145,265	154,686	156,389	148,982	129,519
Derivative Product Liabilities	94,941	94,682	82,666	129,501	--
Dueto Related Parties Current	0.00	12,318	29,261	29,261	29,261
Income Tax Payable	0.00	0.00	0.00	0.00	0.00
Interest Payable	298,112	232,549	185,187	111,178	98,931
Land And Improvements	91,946	90,046	94,881	94,967	89,095
Leases	1.2M	1.2M	1.2M	1.2M	1.2M
Machinery Furniture Equipment	453,156	453,156	453,156	453,156	394,109
Non Current Prepaid Assets	33,580	33,328	33,100	34,422	33,983
Other Current Borrowings	2.0M	1.7M	1.7M	1.7M	589,897
Other Equity Interest	681,901	530,977	1.4M	1.8M	1.9M
Other Payable	3,000	3,000	3,000	3,000	3,000
Other Properties	1.1M	1.0M	1.1M	1.1M	1.0M
Other Receivables	--	--	--	55,000	3,004
Properties	0.00	0.00	0.00	0.00	0.00
Taxes Receivable	340,489	165,549	67,802	56,122	75,027
Total Tax Payable	0.00	0.00	0.00	0.00	0.00
Tradeand Other Payables Non Current	666,667	--	--	--	--

Line Item	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Operating Cash Flow	-360,055	-212,896	-620,097	-356,710	-295,527
Cash Flow From Continuing Operating Activities	-360,055	-212,896	-620,097	-356,710	-295,528
Depreciation And Amortization	80,413	80,152	80,931	78,518	78,538
Depreciation Amortization Depletion	80,413	80,152	80,931	78,518	78,538
Stock Based Compensation	0.00	0.00	153,847	97,392	0.00
Deferred Tax	2,067	2,075	2,153	88.00	4,055
Deferred Income Tax	2,067	2,075	2,153	88.00	4,055
Change In Working Capital	34,798	290,852	237,977	144,144	148,177
Changes In Account Receivables	-263,249	-52,835	45,737	-177,712	26,410
Change In Receivables	-263,249	-52,835	45,737	-177,712	26,410
Change In Payables And Accrued Expense	355,047	381,849	164,166	306,530	124,729
Other Non Cash Items	188,229	-72,355	139,419	127,465	73,995
Capital Expenditure	-4,945	--	-12,510	-158,709	-48,295
Purchase Of PPE	-4,945	0.00	-12,510	-158,709	-48,295
Net PPE Purchase And Sale	-4,945	0.00	-12,510	-3,424	-48,295
Investing Cash Flow	47,887	-17,171	-11,188	-3,863	-49,827
Cash Flow From Continuing Investing Activities	47,887	-17,171	-11,188	-3,863	-49,827
Issuance Of Debt	303,634	0.00	0.00	-10,000	0.00
Repayment Of Debt	-60,358	-60,531	-59,953	-57,647	-54,631
Net Issuance Payments Of Debt	243,276	-45,531	-33,953	-216,649	-1,597
Issuance Of Capital Stock	461,980	0.00	0.00	923,916	0.00
Net Common Stock Issuance	461,980	0.00	0.00	923,916	0.00
Financing Cash Flow	775,550	165,384	226,537	805,114	227,370
Cash Flow From Continuing Financing Activities	775,550	165,384	226,537	805,114	227,370
Effect Of Exchange Rate Changes	11,129	28,020	457.00	-26,230	9,801
Changes In Cash	463,382	-64,683	-404,748	444,541	-117,984
Beginning Cash Position	11,785	48,448	452,739	34,428	142,611
End Cash Position	486,296	11,785	48,448	452,739	34,428
Free Cash Flow	-365,000	-212,896	-632,607	-515,419	-343,822
Amortization Cash Flow	5,945	5,971	6,194	6,033	10,122
Amortization Of Intangibles	5,945	5,971	6,194	6,033	10,122
Cash Dividends Paid	0.00	0.00	0.00	0.00	0.00
Change In Prepaid Assets	-57,000	-38,162	28,074	15,326	-2,962
Common Stock Issuance	461,980	0.00	0.00	923,916	0.00
Depreciation	74,468	74,181	74,737	72,485	68,416
Gain Loss On Investment Securities	-1,653	16,433	-46,638	--	--
Interest Paid Cff	0.00	-61,727	-31,055	-140,612	0.00
Long Term Debt Issuance	303,634	0.00	0.00	-10,000	0.00
Long Term Debt Payments	-60,358	-60,531	-59,953	-57,647	-54,631
Net Foreign Currency Exchange Gain Loss	48,347	-85,511	0.00	50,396	8,972
Net Income From Continuing Operations	-719,240	-444,542	-1.2M	-951,090	-609,264
Net Long Term Debt Issuance	243,276	-60,531	-59,953	-67,647	-54,631
Net Other Financing Charges	-12,356	-9,110	-1,725	-176,190	0.00
Net Other Investing Changes	52,832	-17,171	1,322	-439.00	-1,532
Net Short Term Debt Issuance	0.00	15,000	26,000	-149,002	53,034
Operating Gains Losses	53,678	-69,078	-46,638	53,245	8,972
Proceeds From Stock Option Exercised	82,650	281,752	293,270	414,649	228,967