Quarterly Report for Quarter Ending June 30, 2025 (Form 10-Q)

Management's Discussion and Analysis of Financial Condition and Results of Operations

FORWARD-LOOKING STATEMENTS

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

GENERAL

Transuite.Org Inc.("TRSO") has successfully completed a transformative evolution from a traditional translation service provider to a cutting-edge artificial intelligence solutions company, positioning itself at the forefront of the rapidly expanding AI market.

Led by an internationally recognized team with deep expertise from prestigious institutions including Tsinghua University, the Company has developed the revolutionary AI Social Agent platform, establishing TRSO as the global pioneer in "AI Workforce as a Service" (AWaaS).

This strategic transformation, combined with the formation of Goldfinch Group Holdings Ltd. where TRSO holds a commanding 70% controlling interest, has created a robust foundation for sustainable growth and market leadership in the AI sector.

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OUR CURENT BUSINESS

TRSO has successfully launched its flagship AI Social Agent platform, delivering breakthrough AI workforce solutions that seamlessly integrate with major global platforms including WhatsApp, Telegram, and WeChat. The Company's innovative AWaaS model enables enterprises to deploy sophisticated AI employees that provide 24/7 customer engagement while dramatically improving operational efficiency.

With the achievement of $50,000 in revenue during the first half of 2025 from AI-Driven Ecosystem Product Planning consulting services, TRSO has demonstrated strong commercial viability and market demand for its solutions.

The Company's comprehensive AI ecosystem addresses critical needs across healthcare, e-commerce,and education sectors, positioning TRSO to capture significant market share in the multi-billion dollar AI services market.

RECENT BUSINESS DEVELOPMENT

TRSO has achieved remarkable progress through strategic initiatives that have strengthened its market position and growth prospects.

The Company secured up to $10 million in committed funding through its amended equity purchase agreement with Williamsburg Venture Holdings, LLC, providing substantial financial resources for expansion.

The execution of a Letter of Intent to acquire 51% of SolanAI Global Limited represents a transformative opportunity to significantly enhance technological capabilities and accelerate market penetration.

Additionally, the strategic partnership with 5D Partners LLC for investment banking and M&A advisory services positions TRSO to pursue additional growth opportunities and optimize capital structure.

These developments,combined with systematic patent filing initiatives to protect core innovations, demonstrate management's commitment to building sustainable competitive advantages and long-term shareholder value.

Results of Operations for the three ended June 30, 2025 and June 30, 2024

The following summary of our operations should be read in conjunction with our audited financial statements for the three months ended June 30, 2025 and 2024, which are included herein.

		Three Months Ended
		June 30,
		2025				2024				Changes				%
Revenue		$	50,000			$	-			$	50,000				100	%
Operating Expenses			6,645,444				42,614				6,602,830				15,495	%
Other expenses			5,326				2,658				2,668				100	%
Net Loss		$	6,600,770			$	45,272			$	6,555,498				14,480	%

During the three months ended June 30, 2025 and 2024, the Company generated revenue of $50,000 and $0, respectively. During the three months ended June 30, 2025, the Company generated revenue from its AI-Driven Ecosystem Product Planning consulting service.

Net loss increased to $6,600,770 for the three months ended June 30, 2025 from $45,272 for the three months ended June 30, 2024 mainly due to the increase in operating expense.

Operating expenses for three months ended June 30, 2025 increased to $6,645,444 from $42,614 for the three months ended June 30, 2024 mainly due to the increase in stock-based compensation, audit fees, accounting fees and legal fees. During the three months ended June 30, 2025, the Company incurred stock-based compensation of $6,651,250 from the issuance of 3,395,000 shares of common stock to consultants for service rendered.

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Results of Operations for the six months ended June 30, 2025 and June 30, 2024

The following summary of our operations should be read in conjunction with our audited financial statements for the six months ended June 30, 2025 and 2024, which are included herein.

		Six Months Ended
		June 30,
		2025				2024				Changes				%
Revenue		$	50,000			$	-				50,000				100	%
Operating expenses			7,128,772				91,502				7,037,270				7,691	%
Other expenses			8,395				3,987				4,408				111	%
Net Loss		$	7,087,167			$	95,489			$	7,041,678				7,374	%

During the six months ended June 30, 2025 and 2024, the Company generated revenue of $50,000 and $0, respectively. During the six months ended June 30, 2025, the Company generated revenue from its AI-Driven Ecosystem Product Planning consulting service.

Net loss increased to $7,087,167 for the six months ended June 30, 2025 from $95,489 for the six months ended June 30, 2024 mainly due to the increase in operating expense.

Operating expenses for six months ended June 30, 2025 increased to $7,128,772 from $91,502 for the six months ended June 30, 2024 mainly due to the increase in stock-based compensation, audit fees, accounting fees and legal fees. During the six months ended June 30, 2025, the Company incurred stock-based compensation of $7,060,100 from the issuance of 3,616,000 shares of common stock to consultants for service rendered.

Liquidity and Capital Resources

The following table provides selected financial data about the Company as of June 30, 2025 and December 31, 2024

Working Capital

		As of				As of
		June 30,				December 31,
		2025				2024				Changes				%
Current Assets		$	330,530			$	31,103			$	299,427				963	%
Current Liabilities		$	88,442			$	225,294			$	(136,852	)		(61%)
Working Capital Deficiency		$	242,088			$	(194,191	)		$	162,575			(84%)

As at June 30, 2025, our Company had a working capital of $242,088 compared with a working capital deficiency of $194,191 as at December 31, 2024. The increase in working capital was primarily due to the increase in deferred share issuance cost of $254,750, accounts receivable of $50,000 and prepaid expense of $10,680 and the decrease in convertible note of $153,250.

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Cash Flows

Six months ended June 30, 2025, compared to the six months ended June 30, 2024:

		Six Months Ended
		June 30,
		2025				2024				Changes				%
Cash flows used in operating activities		$	(92,639	)		$	(35,026	)		$	(57,613	)			165	%
Cash flows used in investing activities			-				-				-				-
Cash flows provided by financing activities			76,636				35,026				41,610				119	%
Net changes in cash		$	(16,003	)		$	-			$	(16,003	)		(100%)

Cash Flow from Operating Activities

We have not generated positive cash flow from operating activities. During the six months ended June 30, 2025, net cash used in operating activities was $92,639 compared to $35,026 used during the six months ended June 30, 2024.

Cash flows used in operating activities during the six months ended June 30, 2025, comprised of a net loss of $7,087,167, which was reduced by amortization of $6,456, stock-based compensation of $7,060,100 and was increased by net changes in operating assets and liabilities of $72,028.

Cash flows used in operating activities during the six months ended June 30, 2024, comprised of a net loss of $95,489, which was reduced by amortization of $6,456, imputed interest of $3,321 and net changes in operating assets and liabilities of $50,686.

Cash Flow from Investing Activities

During the six months ended June 30, 2025 and 2024, we did not have any investing activities.

Cash Flow from Financing Activities

During the six months ended June 30, 2025 and 2024, we had net cash provided by financing activities of $76,636 and $35,026, respectively.

During the six months ended June 30, 2025, we received advancement from non-affiliates of $53,620 and advancement from the director of $23,016 for payment made to vendors on behalf of the Company.

During the six months ended June 30, 2024, we received advancement from the former director of $35,026 for payment made to vendors on behalf of the Company.

Going Concern

As of the six months ended June 30, 2025, we had an accumulated deficit of $7,545,784 and negative operating cash flow of $92,639 for six months ended June 30, 2025.

While TRSO continues to invest heavily in its transformative growth strategy, the Company has demonstrated significant progress in strengthening its financial foundation and operational capabilities.

The improvement in working capital from a deficit of $194,191 to a positive $242,088 reflects effective financial management and successful execution of the business transformation. Management has implemented a comprehensive strategy focused on accelerating revenue growth through expanded client relationships, strategic acquisitions to enhance technology offerings, and systematic intellectual property development.

With committed funding of up to $10 million available through the Williamsburg agreement and strong early revenue generation demonstrating market validation, TRSO is well-positioned to achieve sustainable profitability and deliver exceptional returns to shareholders as the AI market continues its rapid expansion.

Off Balance Sheet Arrangements

We have no off-balance sheet arrangements including arrangements that would affect our liquidity, capital resources, market risk support and credit risk support or other benefits.

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Critical Accounting Policies

The preparation of financial statements in accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. A change in managements' estimates or assumptions could have a material impact on our financial condition and results of operations during the period in which such changes occurred. Actual results could differ from those estimates. Our financial statements reflect all adjustments that management believes are necessary for the fair presentation of their financial condition and results of operations for the periods presented.

Fair Value of Financial Instruments

ASC 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash, prepayments and the Company's loan from shareholder approximates its fair value due to their short-term maturity.

Revenue Recognition

The Company recognizes revenue in accordance with ASC 606, "Revenue Recognition" following the five steps procedure:

Step 1: Identify the contract(s) with customers

Step 2: Identify the performance obligations in the contract

Step 3: Determine the transaction price

Step 4: Allocate the transaction price to performance obligations

Step 5: Recognize revenue when the entity satisfies a performance obligation

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued. Our Company's management believes that these recent pronouncements will not have a material effect on our financial statements.