DEVS · As filed with the SEC

DevvStream balance sheet, by fiscal year

The statement as DevvStream presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED BALANCE SHEETS · USD

USDFY2025
Jul 31, 2025
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
ASSETS
Current assets
Cash3,446,111224,3941,426,0061,393,939
Restricted Cash—75,773——
Trade receivable7,360———
GST receivable140,646———
Corporate taxes receivable171,57313,937——
Deferred financing costs138,720———
Prepaid expenses175,8964,091367,169462,845
Deposit on carbon credits purchase173,649———
Carbon credits83,672———
Total current assets4,337,627318,1951,793,1751,856,784
Prepaid expenses, non-current——0356,689
Cash and Investment held in Trust Account—62,418,210237,038,010234,603,156
Class A Common Stock—0——
Restricted cash6,405,000———
Equipment0———
Deferred financing costs, long-term172,925———
Deposit on carbon credits purchase, long-term247,754———
Investment in associate707,989———
Total assets11,871,29562,736,405238,831,185236,816,629
LIABILITIES AND SHAREHOLDERS' DEFICIENCY
Current liabilities
Accrued offering costs and expenses———656,314
Taxes payable———170,959
Accounts payable and accrued liabilities10,682,6654,408,0801,001,990—
Due to Sponsor——120,000—
Due to Sponsor—240,000——
Franchise taxes payable—40,03063,283—
Income taxes payable—0645,442—
Excise tax payable—2,235,006——
Class A Common Stock—2,235,006——
Redemption payable—43,640,022——
Promissory note - related party—1,875,000——
Accounts payable and accrued liabilities - related parties794,990———
Mandatory convertible debentures0———
Related Party375,027———
Derivative liabilities72,500———
Warrant liabilities5,626,473———
Stock option liabilities133,465———
Stop loss provision liabilities1,065,235———
Total current liabilities18,750,35552,438,1381,830,715827,273
Warrant liability—454,0001,135,00011,804,000
Marketing agreement—150,000150,000—
Deferred underwriting fee—08,650,0008,650,000
Related Party3,914,146———
Nonrelated Party8,800,339———
Total liabilities31,464,84053,042,13811,765,71521,281,273
Class A common stock subject to possible redemption, 1,717,578 and 23,000,000 shares at redemption value of $10.98 and 10.31 per share as of December 31, 2023 and 2022, respectively—18,853,961—234,600,000
Class A Common Stock—18,853,961237,020,680234,600,000
Shareholders' deficiency
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding—000
Common shares (No par value, unlimited common shares authorized; 3,541,668 common shares issued and outstanding) (July 31, 2024 - 1,163,871)0———
Class A Common Stock—50000
Class B Common Stock—75575575
Additional paid in capital14,174,914000
Subscription receivable(20,000)———
Accumulated other comprehensive income45,001———
Deficit(33,793,460)(9,160,269)(9,955,785)(19,065,219)
Total shareholders' deficiency(19,593,545)(9,159,694)(9,955,210)(19,064,644)
Total liabilities and shareholders' deficiency11,871,29562,736,405238,831,185236,816,629

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.