Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 243

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1C
Chunk 243
---
 37,875 

The
accompanying notes are an integral part of the financial statements.

F-4

THE
CANNAISSEUR GROUP, INC.

CONSOLIDATED
STATEMENTS OF CASH FLOWS

For
the Years Ended December 31, 2024 and 2023

    Year Ended 

    December 31, 

    2024  
    2023 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

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

    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation 
     -  
     3,822 
  
    Amortization of right to use asset 
     -  
     15,485 
  
    Share-based compensation 
     1,042,000  
     - 
  
    Gain on settlement 
     -  
     (18,968)
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (285) 
     807 
  
    Inventory 
     4,275  
     8,153 
  
    Deposits 
     -  
     (6,084)
  
    Accounts payable and accrued expenses 
     121,889  
     63,420 
  
    Settlement payable 
     (5,500) 
     (2,999)
  
    Right of use liability 
     -  
     (17,124)
  
    Net Cash Used in Operating Activities 
     (110,627) 
     (126,074)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Proceeds from sale of common stock 
     13,300  
     91,518 
  
    Proceeds from short term loan 
     -  
     9,378 
  
    Payments on short term loan 
     -  
     (4,518)
  
    Contributed capital - related party 
     7,000  
     10,502 
  
    Proceeds from convertible notes payable - related party 
     51,000  
     40,000 
  
    Proceeds from (repayments of) short-term loan - related party 
     1,500