Exhibit 99.2

Northcore Technologies Inc.

Consolidated Statements of Operations

(expressed in thousands of dollars, except per share amounts)

(Canadian GAAP, Unaudited)

	Three Months Ended									Six Months Ended
	June 30									June 30
	2007			2007			2006			2007			2007			2006
	($C)			($US)			($C)			($C)			($US)			($C)
				translated									translated
				into US$ at									into US$ at
				Cdn$ 1.0634									Cdn$ 1.0634
				for									for
				convenience									convenience
Revenue	$	285		$	268		$	170		$	607		$	571		$	541
Operating expenses
General and administrative		448			421			498			895			842			940
Customer service and technology		178			168			159			350			329			325
Sales and marketing costs		78			73			120			149			140			256
Employee stock options		6			6			37			13			12			72
Depreciation  and amortization		10			9			20			19			18			45
Total operating expenses		720			677			834			1,426			1,341			1,638
Loss from operations		(435	)		(409	)		(664	)		(819	)		(770	)		(1,097	)
Interest expense
Cash interest expense		67			63			93			131			123			200
Accretion of secured subordinated notes		88			83			123			191			180			268
Interest income		-			-			(5	)		(1	)		(1	)		(5	)
		155			146			211			321			302			463
Loss from continuing operations		(590	)		(555	)		(875	)		(1,140	)		(1,072	)		(1,560	)
Income from discontinued operations		-			-			1,918			-			-			2,123
Net income (loss) for the period		(590	)		(555	)		1,043			(1,140	)		(1,072	)		563
Other comprehensive income, net of tax:
Foreign currency translation adjustment		-			-			-			-			-			17
Comprehensive income (loss)	$	(590	)	$	(555	)	$	1,043		$	(1,140	)	$	(1,072	)	$	580
Earnings (loss) per share:
From continuing operations, basic and diluted	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.02	)
Net earnings (loss) per share, basic and diluted	$	(0.01	)	$	(0.01	)	$	0.01		$	(0.01	)	$	(0.01	)	$	0.01
Weighted average common shares		84,397			84,397			79,212			84,117			84,117			76,724

Northcore Technologies Inc.
Consolidated Balance Sheet
(expressed in thousands of Canadian dollars)
(Canadian GAAP, Unaudited)
	June 30			June 30			December 31
	2007			2007			2006
	(Unaudited)			(Unaudited)			(Audited)
				(in US$)
				translated
				into US$ at
				Cdn$ 1.0634
				for
				convenience
Cash	$	44		$	41		$	475
Other current assets		296			278			217
Other assets		70			66			121
Total assets	$	410		$	385		$	813
Accounts payable and accrued liabilities	$	745		$	701		$	1,074
Deferred revenue		161			151			68
Demand loans		602			566			-
Current portion of secured subordinated notes		160			150			1,682
Non-current portion of secured subordinated notes		943			887			244
Total shareholders' deficiency		(2,201	)		(2,070	)		(2,255	)
Total liabilities and shareholders' deficiency	$	410		$	385		$	813