{"filing": {"accession": "0001654954-26-005180", "cik": "0001081938", "ticker": "CPMD", "company_name": "CANNAPHARMARX, INC.", "form_type": "10-Q", "filing_type": "10-Q", "filing_date": "2026-05-20", "accepted_datetime": null, "acceptance_datetime": null, "accepted_at": null, "primary_doc_url": "https://www.sec.gov/Archives/edgar/data/1081938/000165495426005180/0001654954-26-005180-index.htm", "filing_url": "https://www.sec.gov/Archives/edgar/data/1081938/000165495426005180/0001654954-26-005180-index.htm", "period_of_report": "2026-03-31"}, "html_url": "/api/filings/000165495426005180/stream", "exhibits": [], "sections": [{"section_name": "item_1a", "section_title": "Risk Factors", "start_position": 2982, "end_position": 3109}, {"section_name": "item_4", "section_title": "Mine Safety Disclosures", "start_position": 3109, "end_position": 107004}], "tables": [{"table_index": 2, "table_type": "text", "caption": null, "header_text": "Delaware27-4635140"}, {"table_index": 3, "table_type": "text", "caption": null, "header_text": "Title of each classTrading Symbol(s)Name of each exchange on which registered"}, {"table_index": 4, "table_type": "text", "caption": null, "header_text": "Large accelerated filer\u2610Accelerated filer\u2610"}, {"table_index": 7, "table_type": "exhibit_index", "caption": null, "header_text": "Page"}, {"table_index": 10, "table_type": "financial", "caption": null, "header_text": "March 31,2026(Unaudited)December 31,2025"}, {"table_index": 13, "table_type": "financial", "caption": null, "header_text": "Three months endedMarch 31,"}, {"table_index": 16, "table_type": "financial", "caption": null, "header_text": "Three months endedMarch 31,"}, {"table_index": 19, "table_type": "financial", "caption": null, "header_text": "Preferred SharesPreferred SharesPreferred SharesAccumulated"}, {"table_index": 22, "table_type": "financial", "caption": null, "header_text": "Level 1:Valuation is based on quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities generally include debt and equity securities that are traded in an act"}, {"table_index": 27, "table_type": "text", "caption": null, "header_text": "20262025"}, {"table_index": 28, "table_type": "text", "caption": null, "header_text": "Balance, December 31, 2024$1,159,324"}, {"table_index": 29, "table_type": "text", "caption": null, "header_text": "Period ended March 31, 2026Year ended December 31, 2025"}, {"table_index": 32, "table_type": "financial", "caption": null, "header_text": "Three months endedMarch 31,"}, {"table_index": 33, "table_type": "financial", "caption": null, "header_text": "\u00b7During the three months ended March 31, 2026, the Company incurred professional expenses of $42,733(2025 - $78,363) related to accounting fees payable to Invictus Accounting Group LLP (\u201cInvictus\u201d), a"}, {"table_index": 36, "table_type": "financial", "caption": null, "header_text": "\u00b7During the three months ended March 31, 2026, the Company incurred interest expense on promissory and convertible notes with Mr. Tal of $11,153(2025 - $14,425)."}, {"table_index": 37, "table_type": "financial", "caption": null, "header_text": "\u00b7During the three months ended March 31, 2026, the Company incurred imputed interest expense on promissory and convertible notes with Mr. Tal of $17,099(2025 - $nil)."}, {"table_index": 38, "table_type": "financial", "caption": null, "header_text": "20262025"}, {"table_index": 39, "table_type": "text", "caption": null, "header_text": "\u00b7As at March 31, 2026, $4,481,131(December 31, 2025 - $4,283,706) was payable to Formosa for outstanding lease payments. As at March 31, 2026, accrued interest on unpaid lease payments on the Formosa "}, {"table_index": 42, "table_type": "financial", "caption": null, "header_text": "\u00b7As at March 31, 2026, $542,727(December 31, 2025 - $551,953) was payable to Dominic Colvin, a director of the Company, for unpaid salary and expense reimbursement amounts during Mr. Colvin\u2019s employme"}, {"table_index": 44, "table_type": "text", "caption": null, "header_text": "\u00b7Koze Lucky Tackle Box Management, LLC (\u201cLTB\u201d):"}, {"table_index": 45, "table_type": "financial", "caption": null, "header_text": "As a result of the Debt Modification,principal and accrued interest outstanding related to the note as of August 7, 2025 of $2,550,000 and $555,406, respectively, were extinguished. A new note (\u201cKoze "}, {"table_index": 48, "table_type": "financial", "caption": null, "header_text": "As a result of the Debt Modification,principal and accrued interest outstanding related to the note as of August 7, 2025 of $849,278 and $443,339, respectively, were extinguished. A new note (\u201cKoze A\u201d"}, {"table_index": 49, "table_type": "financial", "caption": null, "header_text": "\u00b7Koze convertible note (\u201cKoze CN\u201d):"}, {"table_index": 52, "table_type": "financial", "caption": null, "header_text": "\u00b7Mr. Tal LTB:"}, {"table_index": 55, "table_type": "text", "caption": null, "header_text": "20262025"}, {"table_index": 60, "table_type": "financial", "caption": null, "header_text": "20262025"}, {"table_index": 62, "table_type": "text", "caption": null, "header_text": "\u00b7risks associated with the Company's history of losses and need for additional financing,"}, {"table_index": 66, "table_type": "financial", "caption": null, "header_text": "20262025"}, {"table_index": 69, "table_type": "financial", "caption": null, "header_text": "20262025"}, {"table_index": 70, "table_type": "financial", "caption": null, "header_text": "\u00b7Change in the fair value of derivative conversion feature arising from variably priced convertible notes was a gain of $801,038 compared to $641,711 in the prior year comparable period. The primary d"}, {"table_index": 72, "table_type": "financial", "caption": null, "header_text": "\u00b7Change in the fair value of obligation to issue shares was a gain of $317,527 compared to a gain of $1,880,911 in the 2025 comparable period resulting from remeasurement of the obligation to issue sh"}, {"table_index": 73, "table_type": "text", "caption": null, "header_text": "20262025"}, {"table_index": 75, "table_type": "text", "caption": null, "header_text": "Average Price per Gram (CAD)*"}, {"table_index": 76, "table_type": "financial", "caption": null, "header_text": "\u00b7During the three months ended March 31, 2026, the Company incurred professional expenses of $42,733 (2025 - $78,363) related to accounting fees payable to Invictus Accounting Group LLP (\u201cInvictus\u201d), "}, {"table_index": 77, "table_type": "financial", "caption": null, "header_text": "\u00b7During the three months ended March 31, 2026, the Company incurred interest expense on promissory and convertible notes with Mr. Tal of $11,153 (2025 - $14,425)."}, {"table_index": 79, "table_type": "financial", "caption": null, "header_text": "\u00b7During the three months ended March 31, 2026, the Company incurred imputed interest expense on promissory and convertible notes with Mr. Tal of $17,099 (2025 - $nil)."}, {"table_index": 80, "table_type": "financial", "caption": null, "header_text": "\u00b7As at March 31, 2026, $4,481,131 (December 31, 2025 - $4,283,706) was payable to Formosa for outstanding lease payments. As at March 31, 2026, accrued interest on unpaid lease payments on the Formosa"}, {"table_index": 82, "table_type": "text", "caption": null, "header_text": "\u00b7Koze LTB:"}, {"table_index": 84, "table_type": "financial", "caption": null, "header_text": "As a result of the Debt Modification, principal and accrued interest outstanding related to the note as of August 7, 2025 of $2,550,000 and $555,406, respectively, were extinguished. A new note (\u201cKoze"}, {"table_index": 86, "table_type": "financial", "caption": null, "header_text": "As a result of the Debt Modification, principal and accrued interest outstanding related to the note as of August 7, 2025 of $68,555 and $75,714, respectively, were extinguished. A new note, Koze CN, "}, {"table_index": 87, "table_type": "financial", "caption": null, "header_text": "\u00b7Mr. Tal LTB:"}, {"table_index": 89, "table_type": "text", "caption": null, "header_text": "20262025"}, {"table_index": 91, "table_type": "financial", "caption": null, "header_text": "\u00b7pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;"}, {"table_index": 96, "table_type": "financial", "caption": null, "header_text": "2.1Amended and Restated Membership Interest Purchase Agreement, dated November 22, 2023"}, {"table_index": 98, "table_type": "text", "caption": null, "header_text": "CannaPharmaRx, Inc."}], "exhibits_pending": true, "cdn_html": true, "response_time_ms": 36}