$TRSO

TRANSUITE.ORG INC.

CIK:0001758699|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Condensed Consolidated Statements of Operations (Unaudited)
Revenues	$ 126,252	$ 50,000	$ 248,036	$ 50,000
Cost of sales	8,832	0	20,992	0
Gross Profit	117,420	50,000	227,044	50,000
Operating Expenses
General and administrative expenses	30,908	820	46,158	923
Professional fees (including stock-based compensation of $4,305,637 and $6,651,250 for three months ended June 30, 2026 and 2025 and $7,612,148 and $7,060,100 for six months ended June 30, 2026 and 2025, respectively)	4,341,517	6,641,396	7,676,331	7,121,393
Professional fees - related party (including stock-based compensation of $11,219 and $0 for the three months ended June 30, 2026 and 2025 and $22,315 and $0 for six months ended June 30, 2026 and 2025, respectively)	11,219	0	22,315	0
Amortization and Depreciation	4,009	3,228	6,205	6,456
Total operating expenses	4,387,653	6,645,444	7,751,009	7,128,772
Net loss from operations	(4,270,233)	(6,595,444)	(7,523,965)	(7,078,772)
Other income (expense)
Loss on change in fair value of derivative liabilities	(474,191)	0	(474,191)	0
Interest expense	(2,599)	(4,050)	(2,646)	(7,119)
Loss from accounts payable settlement	0	0	0	0
Other expense	(912)	(1,276)	(1,023)	(1,276)
Other income	64	0	141	0
Total other income (expense)	(477,638)	(5,326)	(477,719)	(8,395)
Net loss before taxes	(4,747,871)	(6,600,770)	(8,001,684)	(7,087,167)
Provision for income taxes	0	0	0	0
Net loss	(4,747,871)	(6,600,770)	(8,001,684)	(7,087,167)
Less: Net income (loss) attributable to non-controlling interest	23,684	(152)	(33,664)	(302)
Net loss attributable to Transuite.Org. Inc.	(4,771,555)	(6,600,618)	(7,968,020)	(7,086,865)
Comprehensive loss
Net loss	(4,747,871)	(6,600,770)	(8,001,684)	(7,087,167)
Foreign currency adjustment	(1,259)	0	(1,624)	0
Total comprehensive loss	(4,749,130)	(6,600,770)	(8,003,308)	(7,087,167)
Less: Comprehensive income (loss) attributable to noncontrolling interest	23,502	0	(33,854)	0
Net comprehensive loss attributed to stockholders of Transuite.Org. Inc.	$ (4,772,632)	$ (6,600,770)	$ (7,969,454)	$ (7,087,167)
Net Loss Per Common Share - Basic and Diluted	$ (0.06)	$ (0.58)	$ (0.11)	$ (0.83)
Weighted Average Common Shares Outstanding	74,472,702	11,429,324	71,852,364	8,538,938

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net loss	$ (8,001,684)	$ (7,087,167)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization on intangible assets	0	6,456
Depreciation on property and equipment	6,205	0
Issuance of common stock to non-affiliates for services	1,032,000	7,060,100
Accrual of unvested incentive stock	67,498	0
Cancellation of common stock issued to non-affiliates for services	(522,324)	0
Stock-based compensation incurred from deferred compensation	7,057,289	0
Loss on change in fair value of derivative liabilities	474,191	0
Amortization of debt discount	2,137	0
Changes in operating assets and liabilities:
Accounts receivable	(11,057)	(50,000)
Other receivable	(1,486)	0
Prepaid expense	(106,450)	(10,680)
Deferred Share Issuance Cost	0	(5,000)
Accounts payable and accrued liabilities	7,823	(13,468)
Accrued Interest	447	7,120
Net Cash Provided by (Used in) Operating Activities	4,589	(92,639)
Cash Flows from Investing Activities:
Acquisition of property and equipment	(76,046)	0
Net Cash Used in Investing Activities	(76,046)	0
Cash Flows from Financing Activities:
Proceeds from issuance of convertible note	112,000	0
Proceeds from loans	95,038	53,620
Repayment to related party	(32,700)	0
Advancement from related party	3,982	0
Proceeds from loan payable - related party	0	23,016
Net Cash Provided by Financing Activities	178,320	76,636
Effect of exchange rate changes on cash	(3,575)	0
Net Change in Cash and Cash Equivalents	103,288	(16,003)
Cash and Cash Equivalents, beginning of period	3,705	16,103
Cash and Cash Equivalents, end of period	106,993	100
Supplemental Disclosure Information:
Cash paid for interest	0	0
Cash paid for taxes	0	0
Non-Cash Disclosure:
Debt discount from derivative liabilities	130,000	0
Issuance of common stock as commitment shares	0	249,750
Issuance of common stock to non-affiliates for services	1,032,000	0
Issuance of common stock to SolanAI Global Ltd. as treasury stock	600,000	0
Issuance of common stock for debt settlement	188,934	0
Issuance of common stock for acquisition of Goldfinch Group Co. Ltd. HK	400,000	0
Cancellation of common stock issued to non-affiliates for services	(522,324)	0
Conversion of convertible notes payable	$ 0	$ 153,520

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets
Cash and cash equivalents	$ 106,993	$ 3,705
Accounts receivable	30,356	19,299
Other receivable	16,375	14,889
Prepaid expense	125,207	18,757
Due from related party	41,601	8,901
Deferred share issuance cost	254,750	254,750
Total Current Assets	575,282	320,301
Other Assets
Property and Equipment, net	87,524	17,160
Total Assets	662,806	337,461
Current Liabilities
Accounts payable and accrued liabilities	107,103	109,281
Accrued interest	447	0
Due to related parties	14,236	11,682
Convertible note (net of note discount of $127,863 and $0, respectively.)	2,137	0
Derivative Liabilities	586,191	0
Stock payable	167,497	688,934
Total Current Liabilities	877,611	809,897
Loan payable	95,038	0
Total Liabilities	972,649	809,897
Preferred Stock, par value $0.001, 100,000,000 shares authorized, 0 shares issued and outstanding, respectively	0	0
Common Stock: $0.001 par value, 1,000,000,000 shares authorized, 80,349,992 shares and 61,254,427 shares issued and outstanding, respectively	80,350	61,254
Additional paid-in capital	48,910,354	46,928,116
Accumulated deficit	(45,587,093)	(37,619,073)
Accumulated other comprehensive income	945	2,379
Less: Deferred compensation (including $12,575 and $34,890 of deferred compensation to related party, respectively)	(3,093,253)	(9,857,820)
Less: Treasury Stock	(600,000)	0
Total deficit attributed to Transuite.Org. Inc.	(288,697)	(485,144)
Non-controlling interest	(21,146)	12,708
Total Stockholders' Deficit	(309,843)	(472,436)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 662,806	$ 337,461