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Condensed Interim Consolidated Statements of Changes in Shareholders’ Equity (Deficit) (Unaudited) - CAD ($)
$ in Thousands
Common Shares
Class A
Common Shares
Class B
Common Shares
Non-Voting
Preferred Shares
Additional Paid-in Capital
Deficit
Total
Balance at May. 31, 2023 $ 5,083   $ 55 $ (6,523) $ (1,385)
Balance (in Shares) at May. 31, 2023 5,075,420 1,062,244 168,832        
Stock-based Compensation   13 13
Net Income (loss)   (417) (417)
Balance at Aug. 31, 2023 $ 5,083   68 (6,940) (1,789)
Balance (in Shares) at Aug. 31, 2023 5,075,420 1,062,244 168,832        
Balance at May. 31, 2023 $ 5,083   55 (6,523) (1,385)
Balance (in Shares) at May. 31, 2023 5,075,420 1,062,244 168,832        
Net Income (loss)             (6,463)
Balance at Feb. 29, 2024 $ 72,351   (75,508) (12,986) (16,143)
Balance (in Shares) at Feb. 29, 2024 17,995,436        
Balance at Aug. 31, 2023 $ 5,083   68 (6,940) (1,789)
Balance (in Shares) at Aug. 31, 2023 5,075,420 1,062,244 168,832        
Stock-based Compensation   33 33
Conversion of Convertible Debentures $ 1,496   1,496
Conversion of Convertible Debentures (in Shares) 517,352        
Net Income (loss)   (740) (740)
Balance at Nov. 30, 2023 $ 5,083 $ 1,496   101 (7,680) (1,000)
Balance (in Shares) at Nov. 30, 2023 5,075,420 1,579,596 168,832        
Stock-based Compensation   10 10
Conversion of Convertible Notes Payable $ 6,843   6,843
Conversion of Convertible Notes Payable (in Shares) 1,253,770        
Issuance of Service Shares $ 1,558   1,558
Issuance of Service Shares (in Shares) 385,297        
Legacy Horizon Share Exchange $ 9,897 $ (9,897)  
Legacy Horizon Share Exchange (in Shares) 3,588,689 (3,218,663) (168,832)        
New Horizon Shares on Effective Date $ 55,531   (75,619) (20,088)
New Horizon Shares on Effective Date (in Shares) 7,251,939        
Capital Markets Advisory Shares $ 1,840   1,840
Capital Markets Advisory Shares (in Shares) 740,179        
Underwriter Shares Issued  
Underwriter Shares Issued (in Shares) 385,016        
Net Income (loss)   (5,306) (5,306)
Incentive Shares Issued  
Incentive Shares Issued (in Shares) 954,013        
Balance at Feb. 29, 2024 $ 72,351   (75,508) (12,986) (16,143)
Balance (in Shares) at Feb. 29, 2024 17,995,436        
Balance at May. 31, 2024 $ 74,406   (77,656) (14,683) (17,933)
Balance (in Shares) at May. 31, 2024 18,607,931        
Stock-based Compensation   26 26
Net Income (loss)   (2,911) (2,911)
Incentive Shares Issued $ 74   74
Incentive Shares Issued (in Shares) 66,316        
Class A Shares Issued $ 1,799   1,799
Class A Shares Issued (in Shares) 2,800,000        
Warrant Exercise $ 44   44
Warrant Exercise (in Shares) 45,000        
Pre-Funded Warrants   1,925 1,925
Warrant Issuance   (5,157) (5,157)
Balance at Aug. 31, 2024 $ 76,323   (80,862) (17,594) (22,133)
Balance (in Shares) at Aug. 31, 2024 21,519,247        
Balance at May. 31, 2024 $ 74,406   (77,656) (14,683) (17,933)
Balance (in Shares) at May. 31, 2024 18,607,931        
Net Income (loss)             $ 11,811
Class A Shares Issued (in Shares)             4,166,667
Balance at Feb. 28, 2025 $ 83,079   $ 6,264 (79,473) (2,873) $ 6,997
Balance (in Shares) at Feb. 28, 2025 31,230,914   4,500      
Balance at Aug. 31, 2024 $ 76,323   (80,862) (17,594) (22,133)
Balance (in Shares) at Aug. 31, 2024 21,519,247        
Stock-based Compensation   13 13
Pre-Funded Warrants Exercised $ 1,925   (1,925)
Pre-Funded Warrants Exercised (in Shares) 3,000,000        
Net Income (loss)   19,664 19,664
Warrant Exercise $ 59   44 103
Warrant Exercise (in Shares) 55,000        
Balance at Nov. 30, 2024 $ 78,307   (82,730) 2,070 (2,353)
Balance (in Shares) at Nov. 30, 2024 24,574,247        
Stock-based Compensation   71 71
Preferred Shares Issued   $ 6,264 6,264
Preferred Shares Issued (in Shares)   4,500      
Net Income (loss)   (4,943) (4,943)
Class A Shares Issued $ 2,088   2,088
Class A Shares Issued (in Shares) 4,166,667        
Warrant Exercise $ 2,684   3,186 5,870
Warrant Exercise (in Shares) 2,490,000        
Balance at Feb. 28, 2025 $ 83,079   $ 6,264 $ (79,473) $ (2,873) $ 6,997
Balance (in Shares) at Feb. 28, 2025 31,230,914   4,500