12 unchanged sentences
has developed a SaaS based application, which focuses on the small to medium business segment.
−Removed: This offering allows members to quote, process, generate labels, insure, dispatch and track courier and LTL shipments all from a single interface.
+Added: This offering allows members to quote, process, generate labels, purchase insurance, dispatch and track courier and LTL shipments all from a single interface.
The application provides customers with a choice of today’s leading couriers and freight carriers, all with discounted pricing allowing members to save on every shipment.
3 unchanged sentences
(the “Company”) has developed a full line of SaaS-based business services including PaidPayments, PaidCart, PaidShipping and PaidWeb.
−Removed: These eCommerce services provide commerce solutions to small - and medium-sized businesses by enabling them to use one platform to market their products, sell their goods and services, accept payment, and create repeat sales though an online payment processing solution.
+Added: These eCommerce services provide commerce solutions to small - and medium-sized businesses by enabling them to use one platform to market their products, sell their goods and services, accept payment, and create repeat sales through an online payment processing solution.
This capability also provides cost advantages, rapid response to market needs, simplified processes for boarding business and a seamless interface for our merchant customers.
10 unchanged sentences
The notes are backed by the assets of the debtor and management continues to evaluate the collectability of the notes.
−Removed: The Company has recognized significant gains on interest and penalties, however, as of the year ended 2024, one of the notes is in default.
+Added: The Company has recognized significant gains on interest and penalties.
If the Company determines this note is uncollectible, it could result in a significant loss and subsequent litigation for the Company.
12 unchanged sentences
Client services revenues, which include brewery management software and shipping calculator services decreased $13,951 or 78% to $3,863 compared to $17,815 in 2024.
−Removed: The decrease was attributable to the cancellation of several clients using our brewery management software and the limited marketing of this segment of the business.
+Added: The decrease was attributable to the retirement of the brewery management software business.
Shipping coordination and label generation services revenues increased $2,178,219 or 12% to $20,677,832 in 2025 compared to $18,499,613 in 2024.
The increase is largely attributable to impacts of the Canada Post strike and the additional marketing for this segment of the business.
−Removed: eCommerce services have launched its United States shipping portal which resulted in an increase of $2,930 or 4% to $68,097 in 2024 compared to $65,167 in 2023.
−Removed: The Company continues to increase the product offerings in this segment of the business.
+Added: eCommerce services made up of PaidPayments and PaidWeb in the United States returned a decrease of $41,557 or 61% to $26,540 in 2025 compared to $68,097 in 2024.
+Added: The Company is shifting the focus on single Paid products to a full platform of product offerings;
+Added: the decrease is attributable to customers using PaidPayments products.
Gross profit increased $573,378 or 14% to $4,644,795 in 2025 compared to $4,071,417 in 2024.
−Removed: Gross margin remained at 23% for the years ended 2024 and 2023.
+Added: Gross margin decreased to 22% for the year ended 2025 compared to 23% for 2024.
The increase in gross profit was due to growth of the shipping coordination and label generation service revenues.
1 unchanged sentence
Total operating expenses in 2025 were $5,299,572 compared to $4,564,799 in 2024, an increase of $734,773 or 16%.
−Removed: The increase is mainly due to the salaries for newly hired employees and consultants in 2024.
+Added: The increase is mainly due to the share-based compensation for the renewal of one employee contract in addition to the hiring of two new executive level employees in 2025.
Other Income/Expense, net
−Removed: Net other income in 2024 was $1,215,925 compared to $849,258 in 2023, an increase of $366,667 or 43%.
−Removed: The 2024 amount is made up of a gain of $1,192,182 on the Embolx, Inc.
−Removed: note receivable and an additional gain of $25,884 for the note receivable with 5String Solutions.
+Added: Net other income in 2025 was $50,520 in 2025 compared to $1,215,925 in 2024, a decrease of 1,165,405 or 96%.
+Added: The 2024 other income is made of a gain of $1,192,182 on the Embolx, Inc.
+Added: note receivable whereas the Company has elected to refrain from recording any revenues from the Embolx note until the end of the current agreement.
(Benefit) Provision for Income Taxes
1 unchanged sentence
The change of $194,965 is a result of the net effect of the adjustment for long term tax liabilities.
−Removed: The Company reported a net income in 2024 of $763,592 compared to $353,214 for the same period in 2023.
+Added: The Company reported a net loss in 2025 of $(368,243) compared to net income of $763,592 for the same period in 2024.
The basic income per common share in 2025 is ($0.04) compared to $0.09 per common share in 2024.
1 unchanged sentence
A summarized reconciliation of the Company's cash flows for the years ended December 31, 2025 and 2024 is as follows:
+Added: Net income (loss)
Depreciation and amortization
5 unchanged sentences
Changes in current assets and liabilities
−Removed: Net cash provided by operating activities
+Added: Net cash provided by (used in) operating activities
Net cash used in investing activities
−Removed: Net cash provided by (used in) financing activities
+Added: Net cash provided by financing activities
Effect of exchange rate on cash and cash equivalents
2 unchanged sentences
The Company had cash and cash equivalents of $1,108,059 on December 31, 2025 compared to $1,284,965 on December 31, 2024.
−Removed: The Company had working capital of (629,467) on December 31, 2024 compared to $2,592,522 on December 31, 2023, a decrease of (3,221,989).
−Removed: The decrease in working capital is primarily attributed to the reclassification of the short term note receivable to long term.
+Added: The Company had working capital of ($304,212) on December 31, 2025 compared to ($629,467) on December 31, 2024, An increase of $325,255.
+Added: The increase in working capital is attributed to the increase in notes receivable and the decrease in accounts payable for the year ended 2025.
Management believes that the Company has adequate cash resources to fund operations during the next 12 months.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.