Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 140

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 140
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 is reported on the balance sheet
as total consolidated assets.

The
Company’s CODM decides how to allocate resources based on gross profit, net income (loss) and significant expenses, comparing budgeted
amounts to actual expenses. Gross profit is used to determine the most profitable products, and which products the company will make
available for sale to customers. Significant expenses and net loss are used to determine resource allocation for maintaining operations
and fostering progress.

    Year Ended 

    December 31, 

    2024  
    2023 

    Revenue, net of discounts 
    $700  
    $53,130 
  
    Cost of revenue 
     4,275  
     26,976 
  
    Gross profit 
     (3,575) 
     26,154 

    Operating expenses: 

    Professional fees 
     123,917  
     89,396 
  
    Payroll and related costs 
     84,165  
     22,911 
  
    Rent expense 
     -  
     53,637 
  
    Office related expenses 
     4,813  
     16,878 
  
    Consulting services 
     5,950  
     14,441 
  
    Share-based compensation 
     1,042,034  
     - 
  
    Bank fees 
     1,541  
     4,347 
  
    Taxes 
     75  
     5,306 
  
    Advertising and marketing 
     40  
     1,139 
  
    Depreciation 
     -  
     3,822 
  
    Other 
     469  
     4,177 
  
    Total operating expenses 
     1,263,004  
     216,054 

    Other income (expense) 

    Gain on settlement 
     -  
     18,968 
  
    Interest expense 
     (6,427) 
     (1,654)
  
    Total other income (expense) 
     (6,427) 
     17,314 

    Net loss 
    $(1,273,006) 
    $(172,586)

    Reconciliation of loss 

    Adjustments and reconciling items 
     -  
     - 
  
    Net loss 
    $(1,