Audit financial and real-estate candidates without treating asset values as ARR

apps/docs/scripts/auth-cli.ts

@@ -184,7 +184,7 @@ async function main() {
   const research = await researchResponse.json();
   assert.equal(research.companies.length, 1039);
   assert.equal(research.categories.length, 11);
-  assert.equal(research.evidence.length, 1484);
+  assert.equal(research.evidence.length, 1512);
   assert.equal(research.observations.length, 207);
   assert.equal((await request("/api/research/ai-companies", { method: "POST", headers })).status, 405);
   const researchPage = await request("/docs/other-research/ai-company-research/overview", { headers });

apps/docs/tests/research.test.ts

@@ -24,7 +24,7 @@ test("research revisions share the authentication database and preserve replay l
     assert.equal(consumeCode(config, "invalid"), "limited");
     const initial = readResearchSnapshot();
     assert.equal(initial.companies.length, 1039);
-    assert.equal(initial.evidence.length, 1484);
+    assert.equal(initial.evidence.length, 1512);
     assert.equal(initial.observations.length, 207);
     assert.deepEqual(initial.candidateBatches, seed.candidateBatches, "candidate gaps persist in the same database metadata");
     assert.deepEqual(initial.directoryRechecks, seed.directoryRechecks, "follow-up classifications persist without rewriting the discovery audit");
@@ -66,7 +66,7 @@ test("reviews link explicit companies without turning global or excluded cases i
   const snapshot = structuredClone(seed) as ResearchSnapshot;
   assert.equal(snapshot.reviews.filter((r) => r.scope === "companies").length, 87);
   assert.equal(snapshot.reviews.filter((r) => r.scope === "dataset").length, 10);
-  assert.equal(snapshot.reviews.filter((r) => r.scope === "excluded-candidate").length, 39);
+  assert.equal(snapshot.reviews.filter((r) => r.scope === "excluded-candidate").length, 40);
   const review = snapshot.reviews.find((r) => r.id === "R4")!;
   assert.deepEqual(reviewCompanyIds(snapshot, review), ["AI007", "AI013", "AI021", "AI034"]);
   assert.deepEqual(reviewCompanyIds(snapshot, snapshot.reviews.find((r) => r.id === "CN-R-PSI")!), []);
@@ -327,7 +327,7 @@ test("unreconciled directory financials remain source reviews instead of income
   assert.ok(review.evidenceIds.includes("PH-TANA-DR"));
   assert.equal(reviewCompanyIds(snapshot, review).length, 0);
   assert.ok(!snapshot.observations.some((o) => o.evidence === "PH-TANA-DR"));
-  assert.equal(snapshot.candidateBatches!.flatMap((b) => b.records).filter((r) => r.status === "pending-year").length, 17);
+  assert.equal(snapshot.candidateBatches!.flatMap((b) => b.records).filter((r) => r.status === "pending-year").length, 20);
 });
 
 test("product pivots and founder histories do not become new company years or current revenue", () => {

content/research/ai-companies.seed.json

@@ -1,5 +1,5 @@
 {
-  "version": "2026-10-30-tc-policy-1",
+  "version": "2026-10-30-tc-finance-1",
   "asOf": "2026-10-30",
   "scope": "全球公开资料研究：保留首批个案，并扩展核查2025—2026八个YC批次候选池；成立年份以官方公司页面字段为依据。",
   "limitations": [
@@ -49318,6 +49318,314 @@
       "kind": "公司官方资料",
       "summary": "当前直达列Founded 2023，域名torchsystems.com；检索缓存曾列2021。",
       "limitation": "日期缓存与主体沿革差异保留，均在2025前；融资、传感器数量与人员档案不是ARR或完整人数。"
+    },
+    {
+      "id": "TC25-FIN-LIST",
+      "companyId": null,
+      "title": "2025金融与房地产参赛名单登记",
+      "url": "https://techcrunch.com/2025/12/28/the-14-fintech-real-estate-proptech-startups-from-disrupt-startup-battlefield/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "媒体名单读取",
+      "summary": "仅作为候选发现入口。",
+      "limitation": "逐项按原始资料核业务及年份，参赛年不等成立年；不复制报道业务介绍为独立验证。"
+    },
+    {
+      "id": "TC25-FIN-CLOX-HOME",
+      "companyId": null,
+      "title": "Clox文档智能",
+      "url": "https://clox.ai/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "文档篡改检测、抽取、关系图与金融工作流集成。",
+      "limitation": "演示工资、行业欺诈损失与效率百分比不是公司收入；准确率及合规标识未独立验证。"
+    },
+    {
+      "id": "TC25-FIN-CLOX-YEAR",
+      "companyId": null,
+      "title": "Clox公司公开主页",
+      "url": "https://www.linkedin.com/company/clox-ai",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "公司自述Founded 2024，网站clox.ai一致。",
+      "limitation": "精确注册未核；公开人数范围和关联档案不当完整团队人数。"
+    },
+    {
+      "id": "TC25-FIN-CYPHR-HOME",
+      "companyId": null,
+      "title": "Cyphr当前业务",
+      "url": "https://www.cyphrai.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "为中小企业及资本提供方生成经营准备度评分、资料包与融资匹配。",
+      "limitation": "示例企业2019年及政策/债券金额不等Cyphr成立或收入；不能与同名英国设计公司合并。"
+    },
+    {
+      "id": "TC25-FIN-CYPHR-YEAR",
+      "companyId": null,
+      "title": "Techstars Cyphr名录",
+      "url": "https://jobs.techstars.com/companies/cyphr-ai",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "投资孵化机构名录",
+      "summary": "机构名录列founded in 2022，域名cyphrai.com。",
+      "limitation": "机构字段不是精确法律登记，当前AI产品上线与公司成立分开。"
+    },
+    {
+      "id": "TC25-FIN-IDENTIFEE-HOME",
+      "companyId": null,
+      "title": "Identifee银行工作台",
+      "url": "https://identifee.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "整合银行核心数据、CRM、业务分析及AI工作流。",
+      "limitation": "示例存款、贷款、交易管线与客户收入增长不等平台收入；客户数自述不等合同核验。"
+    },
+    {
+      "id": "TC25-FIN-IDENTIFEE-YEAR",
+      "companyId": null,
+      "title": "Identifee公司公开主页",
+      "url": "https://www.linkedin.com/company/identifee/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "自述Founded 2019，链接identifee.com。",
+      "limitation": "第三方历史估算年收入和收购标记未独立核，不导入新公司ARR。"
+    },
+    {
+      "id": "TC25-FIN-KRUNCHER-HOME",
+      "companyId": null,
+      "title": "Kruncher投资研究工作台",
+      "url": "https://kruncher.ai/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "面向私募市场整合内部资料和市场信号，辅助公司跟踪、投资备忘与分析。",
+      "limitation": "ACME演示公司及样例财务不属于Kruncher，基金规模、投资标的ARR和预测不导入公司收入。"
+    },
+    {
+      "id": "TC25-FIN-KRUNCHER-YEAR",
+      "companyId": null,
+      "title": "Kruncher公司公开主页",
+      "url": "https://www.linkedin.com/company/kruncher/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "自述Founded 2024，链接kruncher.ai。",
+      "limitation": "仅公司自述；总部、团队展示和客户管理资产规模不等收入。"
+    },
+    {
+      "id": "TC25-FIN-LOOTLOCK-HOME",
+      "companyId": null,
+      "title": "Lootlock家庭游戏消费管理",
+      "url": "https://www.lootlock.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "家长设置零花钱、任务奖励、游戏消费限制和支出报告。",
+      "limitation": "儿童余额、充值和支出属于客户资金，不是公司收入；当前AI核心用途未专项确认。"
+    },
+    {
+      "id": "TC25-FIN-LOOTLOCK-TERMS",
+      "companyId": null,
+      "title": "Lootlock历史条款与主体",
+      "url": "https://www.lootlock.com/terms-of-service",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "2024-11-19条款列Payd Digital DBA Lootlock及Connecticut，网站沿革含lootlock.io。",
+      "limitation": "条款日期不是精确注册年；旧业务及DBA关系与新公司成立分开。"
+    },
+    {
+      "id": "TC25-FIN-MUSE-HOME",
+      "companyId": null,
+      "title": "Muse嵌入式税务AI",
+      "url": "https://www.musetax.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "向金融机构提供税务与财务洞察的嵌入式API及平台。",
+      "limitation": "客户退税、节税或工资改善不等Muse收入，速度宣传未复测；与其他同名Muse分开。"
+    },
+    {
+      "id": "TC25-FIN-MUSE-YEAR",
+      "companyId": null,
+      "title": "Muse官方成立沿革",
+      "url": "https://www.musetax.com/about-us",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "官网说明两位CPA于2022年2月创立Muse。",
+      "limitation": "精确注册与收入底表未核，不把创始人累计从业年数当公司年龄或人数。"
+    },
+    {
+      "id": "TC25-FIN-TICKER-HOME-ACCESS",
+      "companyId": null,
+      "title": "ticker官网访问缺项",
+      "url": "https://tickerapp.io/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官网访问缺项",
+      "summary": "普通读取返回Content length is too large，未取得可核正文。",
+      "limitation": "不把超大响应报错当停业，也不从报道描述确认当前产品或AI技术。"
+    },
+    {
+      "id": "TC25-FIN-TICKER-PROFILE-ACCESS",
+      "companyId": null,
+      "title": "ticker公司主页访问缺项",
+      "url": "https://www.linkedin.com/company/ti-kerapp/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "原始资料访问缺项",
+      "summary": "直达robots拒绝；检索有2023线索，未获取可读原始公司字段。",
+      "limitation": "不使用镜像冒充原始全文，不把第三方人员或收入估算导入。"
+    },
+    {
+      "id": "TC25-FIN-GENIA-HOME",
+      "companyId": null,
+      "title": "Genia结构设计与套餐",
+      "url": "https://www.genia.design/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "AI辅助结构设计、工程量与计算结果导出；首页同时列按结果交付叙述和月/年信用点套餐。",
+      "limitation": "首页套餐与后续创始人按交付收费自述须核当前合同；工程师签章、客户项目价值与套餐价不等公司ARR。"
+    },
+    {
+      "id": "TC25-FIN-GENIA-YEAR",
+      "companyId": null,
+      "title": "Genia公司公开主页及定价变化",
+      "url": "https://www.linkedin.com/company/genia-engineering/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "公司自述Founded 2023；创始人更新称结构设计包交付且工程师收款时收费。",
+      "limitation": "相对发布时长不推精确变更日；收入合同及独立性能未核，不与加拿大同名AI咨询公司合并。"
+    },
+    {
+      "id": "TC25-FIN-INVESTWISE-HOME-ACCESS",
+      "companyId": null,
+      "title": "Investwise原始链接访问缺项",
+      "url": "https://www.learninvestwise.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官网访问缺项",
+      "summary": "直达502，未取得官网正文。",
+      "limitation": "成立、主体、当前AI主营均未确认；不能把发现文章类别或第三方同名业务直接归入主表。"
+    },
+    {
+      "id": "TC25-FIN-SMARTBRICKS-HOME",
+      "companyId": null,
+      "title": "Smart Bricks地产智能",
+      "url": "https://smart-bricks.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "地产投资发现、承保分析、尽调与持续监测，覆盖机构及个人场景。",
+      "limitation": "网页标Illustrative example的资产值、贷款、收益率和投资利润不等公司收入；应用AI宣传未独立评测。"
+    },
+    {
+      "id": "TC25-FIN-SMARTBRICKS-YEAR",
+      "companyId": null,
+      "title": "Techstars Smart Bricks名录",
+      "url": "https://jobs.techstars.com/companies/smart-bricks?l=77",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "投资孵化机构名录",
+      "summary": "机构名录列2024成立并链接smart-bricks.com。",
+      "limitation": "投资年与成立分开，融资及地产估值不当收入；人数范围非精确团队数。"
+    },
+    {
+      "id": "TC25-FIN-SOUNDSPACE-HOME",
+      "companyId": null,
+      "title": "Soundspace当前入口",
+      "url": "https://soundspace.co/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "提供录音、排练、播客等场地会员、预约与空间入口。",
+      "limitation": "入口不足以确认AI核心交付或成立年份；同名音响、其他域名音乐企业不能直接合并。"
+    },
+    {
+      "id": "TC25-FIN-SOUNDSPACE-TERMS",
+      "companyId": null,
+      "title": "Soundspace主体及服务条款",
+      "url": "https://soundspace.co/terms",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "条款列SOUNDSPACE LLC、音乐排练预约、订阅及一次性产品，提及sndspc.com。",
+      "limitation": "未见明确成立年；场地订阅不自动等AI软件订阅，会员收入与场地合作方分摊未核。"
+    },
+    {
+      "id": "TC25-FIN-SURFAICE-HOME",
+      "companyId": null,
+      "title": "Surfaice当前交付",
+      "url": "https://www.surfaice.pro/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "面向零售地产的租约管理、门店开发Agent、AI辅助人工服务及流程改造。",
+      "limitation": "人工服务、实施与软件需按合同拆分，设计施工业务标未来计划不当已交付；客户资本预算及旧雇主业绩不转移。"
+    },
+    {
+      "id": "TC25-FIN-SURFAICE-INVESTOR",
+      "companyId": null,
+      "title": "Shadow Ventures历史投资公告",
+      "url": "https://shadow.vc/blog/announcing-our-investment-in-surfaice",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "投资机构原始公告",
+      "summary": "2024-12-03投资公告链接surfaice.pro，介绍重复建设项目的AI工作流及人工核验。",
+      "limitation": "只能证明更早业务，非精确注册日或独立技术测试；投资款不等收入。"
+    },
+    {
+      "id": "TC25-FIN-UNLISTED-HOME",
+      "companyId": null,
+      "title": "Unlisted房产平台",
+      "url": "https://unlistedhomes.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "展示未挂牌房产、潜在买家联系及业主信息编辑入口。",
+      "limitation": "房产估值、历史成交、挂牌或候补数量不是公司收入，模型估值不作已实现交易。"
+    },
+    {
+      "id": "TC25-FIN-UNLISTED-YEAR",
+      "companyId": null,
+      "title": "Unlisted公司公开主页",
+      "url": "https://www.linkedin.com/company/unlistedinc/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "自述2022成立，域名UnlistedHomes.com一致。",
+      "limitation": "关联档案与2—10人数范围差异不能当精确员工数，法律登记未核。"
+    },
+    {
+      "id": "TC25-FIN-ZOWN-HOME",
+      "companyId": null,
+      "title": "Zown地产经纪",
+      "url": "https://zownhomes.com/",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "住房购买服务与首付款补助/返佣入口。",
+      "limitation": "房产成交额、给买家的补助及经纪毛佣金需分清，不能年化交易额为软件ARR。"
+    },
+    {
+      "id": "TC25-FIN-ZOWN-YEAR",
+      "companyId": null,
+      "title": "Zown公司公开主页",
+      "url": "https://ca.linkedin.com/company/thezown",
+      "publishedAt": null,
+      "accessedAt": "2026-10-30",
+      "kind": "公司官方资料",
+      "summary": "自述Founded 2024，链接zownhomes.com；说明买家补助由赚取佣金支持。",
+      "limitation": "地域、合作经纪及返佣后的净额分摊未核，不把员工档案或客户交易数当订阅数。"
     }
   ],
   "reviews": [
@@ -51405,6 +51713,44 @@
         "TC25-POL-TORCH-PROFILE"
       ],
       "handling": "参赛年、成立年、转型与更名分开；Orchestra同名不同域名不关联，JustiGuide两年声明冲突保留。限制、访问失败和检索线索明记，标价、示例金额、融资与客户价值不进ARR。"
+    },
+    {
+      "id": "TC25-FIN-R-SCOPE",
+      "type": "完整可见名单登记与财务边界",
+      "company": "2025金融及房地产参赛名单候选",
+      "scope": "excluded-candidate",
+      "summary": "14项均尝试原始链接：11项范围外/既有业务，ticker、Investwise及Soundspace 3项主体/年份/AI相关性待核；没有新增主公司或收入。",
+      "evidenceIds": [
+        "TC25-FIN-LIST",
+        "TC25-FIN-CLOX-HOME",
+        "TC25-FIN-CLOX-YEAR",
+        "TC25-FIN-CYPHR-HOME",
+        "TC25-FIN-CYPHR-YEAR",
+        "TC25-FIN-IDENTIFEE-HOME",
+        "TC25-FIN-IDENTIFEE-YEAR",
+        "TC25-FIN-KRUNCHER-HOME",
+        "TC25-FIN-KRUNCHER-YEAR",
+        "TC25-FIN-LOOTLOCK-HOME",
+        "TC25-FIN-LOOTLOCK-TERMS",
+        "TC25-FIN-MUSE-HOME",
+        "TC25-FIN-MUSE-YEAR",
+        "TC25-FIN-TICKER-HOME-ACCESS",
+        "TC25-FIN-TICKER-PROFILE-ACCESS",
+        "TC25-FIN-GENIA-HOME",
+        "TC25-FIN-GENIA-YEAR",
+        "TC25-FIN-INVESTWISE-HOME-ACCESS",
+        "TC25-FIN-SMARTBRICKS-HOME",
+        "TC25-FIN-SMARTBRICKS-YEAR",
+        "TC25-FIN-SOUNDSPACE-HOME",
+        "TC25-FIN-SOUNDSPACE-TERMS",
+        "TC25-FIN-SURFAICE-HOME",
+        "TC25-FIN-SURFAICE-INVESTOR",
+        "TC25-FIN-UNLISTED-HOME",
+        "TC25-FIN-UNLISTED-YEAR",
+        "TC25-FIN-ZOWN-HOME",
+        "TC25-FIN-ZOWN-YEAR"
+      ],
+      "handling": "当前官网业务优先于旧描述，订阅、结果收费、地产经纪和AI辅助人工服务分开。标价、ACME演示财务、贷款、存款、房产估值、客户收入和返佣不导入公司ARR；访问失败保留缺项。"
     }
   ],
   "coverage": {
@@ -53247,6 +53593,225 @@
           "note": "公司主页当前自述2023，与检索缓存2021不同，均为范围外；不能把更名或2026融资当新公司，不与医疗Torch混同。"
         }
       ]
+    },
+    {
+      "id": "TC-2025-battlefield-finance-1",
+      "sourceId": "S02",
+      "url": "https://techcrunch.com/2025/12/28/the-14-fintech-real-estate-proptech-startups-from-disrupt-startup-battlefield/",
+      "accessedAt": "2026-10-30",
+      "scope": "本篇当前可见14项文字标题逐项登记并尝试官网，11项原始资料指向范围外或既有业务，3项成立/AI/主体待核；仅该篇名单，非全部200参赛者或两年档案。",
+      "complete": false,
+      "records": [
+        {
+          "id": "TC25-FIN-01",
+          "name": "Clox AI",
+          "url": "https://clox.ai/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "公司公开主页列2024成立，按范围外保留；金融文档检测自述不等独立技术评测或公司收入。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-CLOX-HOME",
+            "TC25-FIN-CLOX-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-02",
+          "name": "Cyphr（cyphrai.com）",
+          "url": "https://www.cyphrai.com/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "机构名录列2022成立；当前主营资本准备度评分，以官网为准，不照旧报道直接记作CFO服务或同名设计公司。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-CYPHR-HOME",
+            "TC25-FIN-CYPHR-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-03",
+          "name": "Identifee",
+          "url": "https://identifee.com/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "公司公开主页列2019成立，排除新公司；银行存贷款、样例交易和客户增长不能当公司ARR。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-IDENTIFEE-HOME",
+            "TC25-FIN-IDENTIFEE-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-04",
+          "name": "Kruncher",
+          "url": "https://kruncher.ai/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "公司页列2024成立；ACME与投资标的示例不转为Kruncher财务。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-KRUNCHER-HOME",
+            "TC25-FIN-KRUNCHER-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-05",
+          "name": "Lootlock",
+          "url": "https://www.lootlock.com/",
+          "categoryId": "C09",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "官方2024条款证明更早业务，保留范围外；AI具体用途、法律注册日和收费收入仍未核。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-LOOTLOCK-HOME",
+            "TC25-FIN-LOOTLOCK-TERMS"
+          ]
+        },
+        {
+          "id": "TC25-FIN-06",
+          "name": "Muse（Muse Tax）",
+          "url": "https://www.musetax.com/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "官方列2022年2月创立，按既有公司排除；嵌入API服务与客户税务收益分开。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-MUSE-HOME",
+            "TC25-FIN-MUSE-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-07",
+          "name": "ticker（tickerapp.io）",
+          "url": "https://tickerapp.io/",
+          "categoryId": "C00",
+          "kind": "company",
+          "profileStatus": "unavailable",
+          "status": "pending-year",
+          "note": "官网超大响应、公司主页robots拒绝；主体、成立年及当前AI主营留缺，不据第三方收入估算纳入。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-TICKER-HOME-ACCESS",
+            "TC25-FIN-TICKER-PROFILE-ACCESS"
+          ]
+        },
+        {
+          "id": "TC25-FIN-08",
+          "name": "Genia（genia.design）",
+          "url": "https://www.genia.design/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "公司页列2023成立；首页套餐和创始人结果收费自述并存，不能简单按席位或信用点推ARR，不与同名加拿大咨询业务合并。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-GENIA-HOME",
+            "TC25-FIN-GENIA-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-09",
+          "name": "Investwise（learninvestwise.com）",
+          "url": "https://www.learninvestwise.com/",
+          "categoryId": "C00",
+          "kind": "company",
+          "profileStatus": "unavailable",
+          "status": "pending-year",
+          "note": "原始链接502；未确认当前主营、AI相关性或成立年，不按名称匹配其他投资教育、地产或数据中心公司。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-INVESTWISE-HOME-ACCESS"
+          ]
+        },
+        {
+          "id": "TC25-FIN-10",
+          "name": "Smart Bricks",
+          "url": "https://smart-bricks.com/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "机构名录列2024成立；2026融资不新增公司，房产与贷款演示金额排除公司收入。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-SMARTBRICKS-HOME",
+            "TC25-FIN-SMARTBRICKS-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-11",
+          "name": "Soundspace（soundspace.co）",
+          "url": "https://soundspace.co/",
+          "categoryId": "C08",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "pending-year",
+          "note": "官网条款可核场地预约/会员及SOUNDSPACE LLC；成立年和AI核心交付仍缺。第三方同名档案域名、年份不一致，暂不移用。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-SOUNDSPACE-HOME",
+            "TC25-FIN-SOUNDSPACE-TERMS"
+          ]
+        },
+        {
+          "id": "TC25-FIN-12",
+          "name": "Surfaice",
+          "url": "https://www.surfaice.pro/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "投资方2024公告已确认同域名业务，保留范围外；当前交付含人工服务与软件，客户项目预算不等ARR。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-SURFAICE-HOME",
+            "TC25-FIN-SURFAICE-INVESTOR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-13",
+          "name": "Unlisted Homes",
+          "url": "https://unlistedhomes.com/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "公司主页列2022成立，排除新公司；物业估值与卖方成交金额不当公司ARR。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-UNLISTED-HOME",
+            "TC25-FIN-UNLISTED-YEAR"
+          ]
+        },
+        {
+          "id": "TC25-FIN-14",
+          "name": "Zown",
+          "url": "https://zownhomes.com/",
+          "categoryId": "C07",
+          "kind": "company",
+          "profileStatus": "readable",
+          "status": "outside-cohort",
+          "note": "公司页列2024成立，排除新公司；返佣模式须核净收入与成本，交易佣金也不自动视为持续软件ARR。",
+          "evidenceIds": [
+            "TC25-FIN-LIST",
+            "TC25-FIN-ZOWN-HOME",
+            "TC25-FIN-ZOWN-YEAR"
+          ]
+        }
+      ]
     }
   ],
   "directoryRechecks": [

content/research/ai-companies.sources.json

@@ -1,5 +1,5 @@
 {
-  "version": "2026-10-30-33",
+  "version": "2026-10-30-34",
   "scopeConfirmedAt": "2026-10-30",
   "acceptance": "以确认的公开来源清单为边界，逐条核对并标明缺项。",
   "provenance": "S01—S12恢复自已提交用户的《AI公司研究_来源与分类模板》来源清单；S13—S16单列后续已使用的补充证据渠道，不将使用次数当作全量覆盖。",
@@ -28,8 +28,8 @@
         "techcrunch.com"
       ],
       "initialAccess": "AI栏目可读取",
-      "boundary": "2026首页定向3项已登记，另从AI第3—4页登记5项：3项关联公司、1项范围外、1项待核；不等全部卡片核验。另已读2025年度档案入口与AI第二页，并完整登记一篇2025企业竞赛名单32项：复用1项、范围外29项、待核2项；每项均尝试原始链接，未知与不可读保留。单篇32项不等全部200参赛者、全部分页或两年全量；RSS/API普通请求受限。 另从AI第5—6页定向4项：2项原始资料归范围外，2项原始成立/年份待核；不是全部卡片、参赛者或档案。 另逐条登记2025政府/法律名单正文11项（标题称10）：7项范围外或既有业务、4项成立/主体待核；不新增主公司或ARR，非全部200或两年档案。",
-      "nextCheck": "继续核本篇2项的成立、主体及AI主营，优先解决Billow批次与发现年份时序、Sponstar原始年份冲突；既有业务的法律沿革及不可读项仍留缺；沿普通2025档案和AI分页扩展其余来源台账，区分参赛年、批次与公司成立年。 继续核Laplace原始年份及Eka精确注册主体；Recursive的2025/2026年份冲突保留。 继续核Honeyjar主字段与转载的年份差异、Blueprints原始可读资料与旧建筑业务主体；不把包价、演示金额或建设项目价值当ARR。 本篇待核Aparti原始成立、JustiGuide的2024/2026语义、orchestraos主体与年份及Pytho原始登记；补其余竞赛类别和年度档案，不用同名链接替代核查。",
+      "boundary": "2026首页定向3项已登记，另从AI第3—4页登记5项：3项关联公司、1项范围外、1项待核；不等全部卡片核验。另已读2025年度档案入口与AI第二页，并完整登记一篇2025企业竞赛名单32项：复用1项、范围外29项、待核2项；每项均尝试原始链接，未知与不可读保留。单篇32项不等全部200参赛者、全部分页或两年全量；RSS/API普通请求受限。 另从AI第5—6页定向4项：2项原始资料归范围外，2项原始成立/年份待核；不是全部卡片、参赛者或档案。 另逐条登记2025政府/法律名单正文11项（标题称10）：7项范围外或既有业务、4项成立/主体待核；不新增主公司或ARR，非全部200或两年档案。 另将2025金融/地产名单14项全部登记：11项范围外/既有业务，3项年份/主体/AI待核；不新增公司或收入，不等其余竞赛类别。",
+      "nextCheck": "继续核本篇2项的成立、主体及AI主营，优先解决Billow批次与发现年份时序、Sponstar原始年份冲突；既有业务的法律沿革及不可读项仍留缺；沿普通2025档案和AI分页扩展其余来源台账，区分参赛年、批次与公司成立年。 继续核Laplace原始年份及Eka精确注册主体；Recursive的2025/2026年份冲突保留。 继续核Honeyjar主字段与转载的年份差异、Blueprints原始可读资料与旧建筑业务主体；不把包价、演示金额或建设项目价值当ARR。 本篇待核Aparti原始成立、JustiGuide的2024/2026语义、orchestraos主体与年份及Pytho原始登记；补其余竞赛类别和年度档案，不用同名链接替代核查。 补ticker原始可读页面、Investwise主营及主体、Soundspace成立与AI实际交付；保留Genia结果收费与首页套餐的合同缺项，不把交易、返佣或客户资产年化为ARR。",
       "limitation": "需追溯原始披露，部分文章受访问限制",
       "accessRecheckedAt": "2026-10-30"
     },

content/research/ai-income-analysis.json

@@ -1,5 +1,5 @@
 {
-  "sourceVersion": "2026-10-30-tc-policy-1",
+  "sourceVersion": "2026-10-30-tc-finance-1",
   "asOf": "2026-10-30",
   "metric": "platform-mrr-usd",
   "sampleUnit": "product-or-business",