Financial and operating metrics (USD, unless stated otherwise):
- Revenue: Not disclosed in QQ1 2026 data; cost of revenue = $234,453; gross profit = -$234,453; operating income = -$234,453; EBITDA = -$234,453.
- Total other income/expenses: $566,531; income before tax = $332,078; net income = $332,078; earnings per share (basic) = $0.0462; EPS (diluted) = -$0.22; weighted average common shares outstanding = 5,691.
- Cash flow (operating activities): -$570,078; investing activities: -$57,500,000; financing activities: +$58,334,940; net change in cash: +$264,862; cash at end of period: $282,083; cash at beginning: $17,221; operating cash flow yield is not meaningful given SPAC dynamics and lack of revenue.
- Balance sheet highlights: total assets $58,684,239; cash and cash equivalents $282,083; total current assets $617,708; total non-current assets $58,066,531; total liabilities $53,816,988; total current liabilities $40,000; total non-current liabilities $53,776,988; total stockholders' equity $4,867,251; net debt = -$282,083.
- Liquidity/solvency observations: current ratio â 15.4x (617,708 / 40,000); substantial non-current asset base relative to thin equity base; no long-term debt reported but large non-current liabilities exist, indicating structural leverage typical for a SPAC structure awaiting a business combination.