Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 40

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 40
---
 - 
  
    Cancellation of shares 
     (4,750,000) 
     (475) 
     475  
     -  
     -  
     -  
     - 
  
    Capital contribution 
     -  
     -  
     7,000  
     -  
     -  
     7,000  
     - 
  
    Net loss 
     -  
     -  
     -  
     (3,568) 
     (1,269,438) 
     (1,273,006) 
     - 
  
    Balance, December 31, 2024 
     44,337,557  
     4,433  
     1,476,904  
     (107,936) 
     (1,714,976) 
     (341,575) 
     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