AGRIFORCE GROWING SYSTEMS LTD. (AGRI)
2025-06-30 | 2025-03-31 | 2024-09-30 | ||
|---|---|---|---|---|
| Revenue | 451,955 | 344,416 | - | |
| Asset impairment loss | - | - | 4,137,271 | |
| Consulting fees or expenses | - | - | 177,215 | |
| Severance expense | -19,946 | 144,928 | - | |
| Sales and marketing | 29,342 | 46,533 | 20,281 | |
| Research and development | - | 233,179 | 54,036 | |
| Professional fees | 441,142 | 138,500 | 112,361 | |
| Lease expense | 4,738 | 8,277 | 782 | |
| Wages and salaries | 553,793 | 604,399 | 486,521 | |
| Office and administrative | 164,398 | 184,476 | 285,186 | |
| Depreciation and amortization | 318,340 | 275,395 | 169,248 | |
| Bitcoin unrealized (gain) loss market valuation | 116,702 | -36,385 | - | |
| Share based compensation | 81,333 | 127,165 | 63,552 | |
| Write-off of inventory | - | - | - | |
| Travel and entertainment | 5,387 | 15,990 | 23,757 | |
| Shareholder and regulatory | 43,840 | 75,819 | 13,431 | |
| Repairs and maintenance | 114,723 | 85,669 | - | |
| Investor and public relations | 41,554 | 68,516 | 61,814 | |
| Cost of revenue, excluding depreciation | 239,210 | - | - | |
| Consulting | 35,178 | 100,359 | - | |
| Total operating expenses | 1,936,330 | 2,145,590 | 5,605,455 | |
| Cost of sales | - | 265,393 | - | |
| Gross profit | - | 79,023 | - | |
| Operating loss | -1,484,375 | -2,066,567 | -5,605,455 | |
| Loss on debt extinguishment (note 8) | -4,615,255 | -115,384 | 75,119 | |
| Foreign exchange gain | -20,553 | -56,159 | -63,834 | |
| Change in fair value of derivative liabilities (note 13) | - | 2,976,911 | - | |
| Loss on conversion of convertible debt | - | 86,563 | -235,376 | |
| Accretion of interest on debentures | 966,284 | 971,343 | 469,684 | |
| Loss on disposal of fixed assets | - | - | - | |
| Other income | 60,624 | 524 | 28,956 | |
| Net loss from continuing operations | -7,025,843 | - | - | |
| Loss on disposal of discontinued operations | -904,112 | - | - | |
| Loss from operations of discontinued component | -130,287 | - | - | |
| Gainlossonextinguishmentofwarrantliability | - | - | 14,769 | |
| Gain (loss) on derivative instruments, net, pretax | - | - | 505,628 | |
| Gain (loss) on investments | - | - | -97,488 | |
| Net loss | -8,060,242 | -145,455 | -5,847,365 | |
| Foreign currency translation | - | 37,156 | 179,950 | |
| Comprehensive loss attributable to common shareholders | -8,060,242 | -108,299 | -5,667,415 | |
| Basic net loss per common share, total | -27.6 | -0.09 | -0.06 | |
| Diluted net loss per common share, total | -27.6 | -1.17 | -0.06 | |
| Weighted average number of common shares outstanding - basic | 292,021 | 1,661,921 | 92,015,605 | |
| Weighted average number of common shares outstanding - diluted | 292,021 | 5,780,930 | 92,015,605 | |