New Risk • Jul 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.8m free cash flow). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m (CA$419k revenue, or US$295k). Market cap is less than US$10m (CA$14.1m market cap, or US$9.93m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Reported Earnings • Jul 02
Third quarter 2026 earnings released: CA$0.005 loss per share (vs CA$0.011 loss in 3Q 2025) Third quarter 2026 results: CA$0.005 loss per share (improved from CA$0.011 loss in 3Q 2025). Net loss: CA$1.08m (loss narrowed 37% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 07
KDA Group Inc. Announces Settlement of Judicial Claims KDA Group Inc. announced that it has settled a dispute with a former executive officer of the Corporation who claimed from the Corporation a total of $808,191 plus interest and expenses, as well as the issuance of 1,000,000 shares of the capital stock of the Corporation pursuant to his employment contract terminated by the Corporation in July 2022. The Corporation, for its part, was claiming a total of $474,200 plus interest and costs from this former executive. The parties settled this dispute, and the Court ratified the settlement on May 4, 2026. Pursuant to the Settlement, the Corporation has agreed to pay the former executive compensation on May 31, 2026, in the amount of $215,000 payable as follows: (i) the payment of $190,000 and (ii) the issuance of 250,000 common shares at a value of $0.10 per share. The Corporation must obtain the approval of the TSX Venture Exchange for the issuance of these shares, and they will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities regulations. The Corporation also announces that it has settled, on March 23, 2026, another dispute involving a former executive who claimed $760,000 from the Corporation under the terms of his employment contract terminated by the Corporation in September 2021. Pursuant to the settlement, the Corporation has agreed to pay the former executive an amount of $215,000 payable on or before April 24, 2026. 
