Edgewater Wireless Systems Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Oct 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 197,613 | 1.5M | 266,440 | 162,837 | 163,718 |
| General And Administrative Expense | 180,856 | 1.4M | 241,489 | 162,735 | 163,413 |
| Research And Development | 148,376 | 83,990 | -11.00 | -14.00 | 988.00 |
| Other Operating Expenses | 1,919 | -- | 3,654 | 30,603 | 3,198 |
| Operating Expense | 347,908 | 1.5M | 270,083 | 193,426 | 167,904 |
| Operating Income | -347,908 | -1.5M | -270,083 | -193,426 | -167,904 |
| EBIT | -292,396 | -949,076 | -574,730 | -254,205 | -168,833 |
| Interest Expense | 19,790 | 20,104 | 20,673 | 20,063 | 49,309 |
| Interest Expense Non Operating | 19,790 | 20,104 | 20,673 | 20,063 | 49,309 |
| Interest Income | 1,843 | 5,590 | 3,506 | 157.00 | 570.00 |
| Interest Income Non Operating | 1,843 | 5,590 | 3,506 | 157.00 | 570.00 |
| Net Interest Income | -17,947 | -14,514 | -17,167 | -19,906 | -48,739 |
| Other Income Expense | 53,669 | 574,610 | -308,153 | -60,936 | -1,499 |
| Other Non Operating Income Expenses | 54,456 | 304,518 | -296,602 | -58,564 | -- |
| Special Income Charges | -- | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | -787.00 | -113,533 | -11,551 | -2,372 | -1,499 |
| Pretax Income | -312,186 | -969,180 | -595,403 | -274,268 | -218,142 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -263,687 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Income From Continuing Operation Net Minority Interest | -263,687 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Income Including Noncontrolling Interests | -312,186 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Income Common Stockholders | -263,687 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Income | -263,687 | -969,180 | -595,403 | -274,268 | -218,142 |
| EBITDA | -289,074 | -944,662 | -570,320 | -249,795 | -164,332 |
| Normalized EBITDA | -288,287 | -1.2M | -558,769 | -247,423 | -162,833 |
| Reconciled Depreciation | 3,322 | 4,414 | 4,410 | 4,410 | 4,501 |
| Basic EPS | -0.00 | -- | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -- | -0.00 | -0.00 | -0.00 |
| Basic Average Shares | 237.9M | -- | 210.7M | 197.3M | 197.2M |
| Diluted Average Shares | 237.9M | -- | 210.7M | 197.3M | 197.2M |
| Total Unusual Items | -787.00 | 270,092 | -11,551 | -2,372 | -1,499 |
| Total Unusual Items Excluding Goodwill | -787.00 | 270,092 | -11,551 | -2,372 | -1,499 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -262,900 | -1.2M | -583,852 | -271,896 | -216,643 |
| Diluted NI Availto Com Stockholders | -263,687 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Income Continuous Operations | -312,186 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Non Operating Interest Income Expense | -17,947 | -14,514 | -17,167 | -19,906 | -48,739 |
| Other Gand A | 180,856 | 1.4M | 241,489 | 162,735 | 163,413 |
| Reconciled Cost Of Revenue | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling And Marketing Expense | 16,757 | 33,710 | 24,951 | 102.00 | 305.00 |
| Total Expenses | 347,908 | 1.5M | 270,083 | 193,426 | 167,904 |
| Total Operating Income As Reported | -347,908 | -1.6M | -270,083 | -193,426 | -167,904 |
| Line Item | Q4 2025Oct 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 211,178 | 1.1M | 1.6M | 0.00 | 13,889 |
| Cash Cash Equivalents And Short Term Investments | 211,178 | 1.1M | 1.6M | 11,354 | 25,086 |
| Cash Financial | 211,178 | 1.1M | 1.6M | 0.00 | 13,889 |
| Other Short Term Investments | -- | 0.00 | 11,542 | 11,354 | 11,197 |
| Accounts Receivable | 31,157 | -- | -- | -- | -- |
| Receivables | 198,597 | 49,824 | 42,791 | 19,243 | 14,230 |
| Prepaid Assets | 151,477 | 159,383 | 123,615 | 146,199 | 150,321 |
| Current Assets | 561,252 | 1.4M | 1.8M | 176,796 | 189,637 |
| Gross PPE | 312,703 | 319,173 | 322,282 | 322,282 | 322,282 |
| Accumulated Depreciation | -304,317 | -304,129 | -316,842 | -312,432 | -308,022 |
| Net PPE | 8,386 | 15,044 | 5,440 | 9,850 | 14,260 |
| Total Non Current Assets | 8,386 | 15,044 | 5,440 | 9,850 | 14,260 |
| Total Assets | 569,638 | 1.4M | 1.8M | 186,646 | 203,897 |
| Current Debt | 97,718 | 419,761 | 78,896 | 62,277 | 42,723 |
| Current Debt And Capital Lease Obligation | 105,547 | 432,619 | 84,108 | 72,511 | 57,794 |
| Accounts Payable | 496,155 | 748,984 | 1.1M | 1.0M | 965,540 |
| Payables | 496,155 | 748,984 | 1.1M | 1.0M | 965,540 |
| Payables And Accrued Expenses | 799,715 | 1.1M | 1.6M | 1.6M | 1.5M |
| Current Accrued Expenses | 303,560 | 308,388 | 521,754 | 536,505 | 488,805 |
| Current Deferred Revenue | 252,119 | 252,119 | 252,119 | 252,119 | 252,119 |
| Current Liabilities | 1.2M | 1.7M | 1.9M | 1.9M | 1.8M |
| Long Term Debt | 420,278 | 60,000 | 597,000 | 300,898 | 241,834 |
| Long Term Debt And Capital Lease Obligation | 420,278 | 61,160 | 597,000 | 300,898 | 241,834 |
| Long Term Capital Lease Obligation | 0.00 | 1,160 | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 420,278 | 61,160 | 597,000 | 300,898 | 241,834 |
| Total Liabilities Net Minority Interest | 1.6M | 1.8M | 2.5M | 2.2M | 2.0M |
| Common Stock | 37.5M | 37.5M | 37.5M | 36.5M | 36.5M |
| Capital Stock | 37.5M | 37.5M | 37.5M | 36.5M | 36.5M |
| Additional Paid In Capital | 9.6M | 9.5M | 8.6M | 8.6M | 8.5M |
| Retained Earnings | -50.3M | -49.7M | -48.7M | -48.1M | -47.8M |
| Common Stock Equity | -1.0M | -435,052 | -724,427 | -2.0M | -1.8M |
| Stockholders Equity | -1.0M | -435,052 | -724,427 | -2.0M | -1.8M |
| Total Equity Gross Minority Interest | -1.0M | -435,052 | -724,427 | -2.0M | -1.8M |
| Total Capitalization | -587,743 | -375,052 | -127,427 | -1.7M | -1.6M |
| Net Tangible Assets | -1.0M | -435,052 | -724,427 | -2.0M | -1.8M |
| Tangible Book Value | -1.0M | -435,052 | -724,427 | -2.0M | -1.8M |
| Working Capital | -596,129 | -388,936 | -132,867 | -1.7M | -1.6M |
| Invested Capital | -490,025 | 44,709 | -48,531 | -1.7M | -1.5M |
| Total Debt | 525,825 | 493,779 | 681,108 | 373,409 | 299,628 |
| Net Debt | 306,818 | -- | -- | 363,175 | 270,668 |
| Share Issued | 237.9M | 237.9M | 237.1M | 197.3M | 197.3M |
| Ordinary Shares Number | 237.9M | 237.9M | 237.1M | 197.3M | 197.3M |
| Buildings And Improvements | 7,548 | -- | 17,127 | 17,127 | 17,127 |
| Capital Lease Obligations | 7,829 | 14,018 | 5,212 | 10,234 | 15,071 |
| Current Capital Lease Obligation | 7,829 | 12,858 | 5,212 | 10,234 | 15,071 |
| Current Deferred Liabilities | 252,119 | 252,119 | 252,119 | 252,119 | 252,119 |
| Current Notes Payable | 13,747 | 13,337 | 12,789 | 12,857 | 12,710 |
| Line Of Credit | -- | -- | -- | 1,360 | -- |
| Machinery Furniture Equipment | 129,569 | 129,569 | 129,569 | 129,569 | 129,569 |
| Other Current Borrowings | 83,971 | 406,424 | 66,107 | 48,060 | 30,013 |
| Other Equity Interest | 2.2M | 2.2M | 1.9M | 983,250 | 983,250 |
| Other Properties | 175,586 | 189,604 | 175,586 | 175,586 | 175,586 |
| Other Receivables | 87,573 | -- | -- | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | -- | 0.00 | 0.00 | 29,139 | 31,898 |
| Properties | 0.00 | -- | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 79,867 | 49,824 | 42,791 | 19,243 | 14,230 |
| Line Item | Q4 2025Oct 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -407,278 | -468,467 | -187,555 | -9,660 | -78,912 |
| Cash Flow From Continuing Operating Activities | -407,278 | -468,467 | -187,555 | -9,660 | -78,912 |
| Depreciation And Amortization | 3,322 | 4,414 | 4,410 | 4,410 | 4,501 |
| Depreciation Amortization Depletion | 3,322 | 4,414 | 4,410 | 4,410 | 4,501 |
| Stock Based Compensation | 17,825 | 1.2M | 30,355 | 72,132 | 16,917 |
| Change In Working Capital | -129,629 | -566,347 | 57,607 | 110,213 | 68,413 |
| Change In Receivables | -65,412 | -7,033 | -23,548 | -5,013 | -5,770 |
| Change In Payables And Accrued Expense | -66,738 | -523,546 | 58,571 | 111,104 | 76,303 |
| Other Non Cash Items | 68,248 | 18,273 | 18,942 | 19,142 | 49,183 |
| Capital Expenditure | -- | -- | -- | -- | -495.00 |
| Purchase Of PPE | 0.00 | 0.00 | 0.00 | -- | -- |
| Net PPE Purchase And Sale | 0.00 | 0.00 | 0.00 | 0.00 | -495.00 |
| Net Investment Purchase And Sale | -- | -- | -- | 0.00 | 0.00 |
| Investing Cash Flow | 0.00 | 11,479 | 0.00 | 0.00 | -495.00 |
| Cash Flow From Continuing Investing Activities | 0.00 | 11,479 | 0.00 | 0.00 | -495.00 |
| Repayment Of Debt | -4,297 | -5,375 | -6,605 | -5,589 | -6,097 |
| Net Issuance Payments Of Debt | -4,297 | -5,375 | -6,605 | -5,589 | -6,097 |
| Issuance Of Capital Stock | -- | 0.00 | -- | -- | -- |
| Net Common Stock Issuance | -- | 0.00 | -- | -- | -- |
| Financing Cash Flow | -4,297 | -5,375 | 1.8M | -5,589 | -6,097 |
| Cash Flow From Continuing Financing Activities | -4,297 | -5,375 | 1.8M | -5,589 | -6,097 |
| Changes In Cash | -411,575 | -462,363 | 1.6M | -15,249 | -85,504 |
| Beginning Cash Position | 622,753 | 1.6M | -1,360 | 13,889 | 99,393 |
| End Cash Position | 211,178 | 1.1M | 1.6M | -1,360 | 13,889 |
| Free Cash Flow | -407,278 | -468,467 | -187,555 | -9,660 | -79,407 |
| Change In Prepaid Assets | 2,521 | -35,768 | 22,584 | 4,122 | -2,120 |
| Common Stock Issuance | -- | 0.00 | -- | -- | -- |
| Depreciation | 3,322 | -12,713 | 4,410 | 4,410 | 4,501 |
| Long Term Debt Payments | -5,053 | -3,081 | -6,605 | -6,343 | -5,343 |
| Net Foreign Currency Exchange Gain Loss | 297.00 | 548.00 | -68.00 | 147.00 | 216.00 |
| Net Income From Continuing Operations | -263,687 | -969,180 | -595,403 | -274,268 | -218,142 |
| Net Long Term Debt Issuance | -5,053 | -3,081 | -6,605 | -6,343 | -5,343 |
| Net Other Financing Charges | -- | 0.00 | -- | -- | -- |
| Operating Gains Losses | 297.00 | 548.00 | -68.00 | 147.00 | 216.00 |
| Unrealized Gain Loss On Investment Securities | -103,654 | -178,636 | 296,602 | 58,564 | 0.00 |