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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Q2) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Operating expenses        
Sales and marketing $ 404,797 $ 129,729 $ 676,692 $ 326,650
Depreciation 361 464 722 924
General and administrative 334,070 77,672 391,405 290,002
Professional fees 4,596,025 1,024,030 6,005,398 3,321,212
Salaries and wages 171,086 580,601 659,344 1,202,147
Total operating expenses (5,506,339) (1,812,496) (7,733,561) (5,140,935)
Other income        
Interest expense (63,861) (2,544) (76,601) (2,544)
Accretion expense (124,380) 0 (168,945) 0
Change in fair value of derivative liabilities 2,067,350 (1,200) 719,000 (1,200)
Change in fair value of warrant liabilities 497,355 0 9,223 0
Change in fair value of mandatory convertible debentures 0 0 70,500 0
Impairment of carbon credits (1,207,800) 0 (1,207,800) 0
Stop-loss provision loss (1,024,713) 0 (1,024,713) 0
Unrealized loss on mandatory convertible debentures 0 0 70,500 0
Equity loss on investment in associate (106,850) 0 (106,850) 0
Gain on settlement of debt 907,392 0 899,015 0
Foreign exchange gain 4,220 77,740 6,672 34,105
Net loss (4,557,626) (1,738,500) (8,614,060) (5,110,574)
Other comprehensive gain (loss)        
Foreign currency translation 313 (97,001) 1,808 (40,936)
Net loss and comprehensive loss $ (4,557,313) $ (1,835,501) $ (8,612,252) $ (5,151,510)
Weighted average number of common shares outstanding - Basic (in shares) 26,991,083 11,638,712 19,321,120 11,621,064
Weighted average number of common shares outstanding - Diluted (in shares) 26,991,083 11,638,712 19,321,120 11,621,064
Loss per share - Basic (in dollars per share) $ (0.17) $ (0.15) $ (0.45) $ (0.44)
Loss per share - Diluted (in dollars per share) $ (0.17) $ (0.15) $ (0.45) $ (0.44)