Company: FTSP
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001199835-25-000267
Chunk: 24

Company: FinTrade Sherpa, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 24
---
8,907  
     (16,269) 
     -183%
  
    Transfer and filing fees 
     12,023  
     1,611  
     (10,412) 
     -646%

    Six Months Ended June 30  
    Change 

    2025  
    2024  
    Amount  
    Percentage 

    $  
    $  
    $  

    Consulting 
     1,610  
     926  
     (684) 
     -42%
  
    Corporate support services 
     -  
     2,068  
     2,068  
     - 
  
    Office, foreign exchange and sundry 
     (289) 
     (2,812) 
     (2,523) 
     873%
  
    Professional fees 
     172,212  
     17,656  
     (154,556) 
     -90%
  
    Transfer and filing fees 
     17,017  
     4,729  
     (12,288) 
     -72%

11

    ITEM
    2.
    MANAGEMENT’S
    DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (continued)

The
increase in the first quarter of 2025 is related to higher professional and filing expenses for accounting and legal fees.

Balance
Sheets at June 30, 2025, and December 31, 2024

Items
with notable period-end differences are as follows:

    Change 

    June 30, 2025  
    December 31, 2024  
    Amount  
    Percentage 

    $  
    $  
    $  

    Cash 
     1,932  
     1,175  
     (757) 
     -64%
  
    Accounts payable and accrued liabilities 
     141,762  
     24,773  
     (116,989) 
     -472%
  
    Due to related parties and accrued interest 
     29,577  
     144,904  
     115,327  
     80%

The
increase in accounts payable is due to professional expenses incurred for accounting and legal fees offset with lower related parties
payable