--- title: "HCM II Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.02" type: "News" locale: "en" url: "https://longbridge.com/en/news/241179752.md" datetime: "2025-05-21T08:14:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/241179752.md) - [en](https://longbridge.com/en/news/241179752.md) - [zh-HK](https://longbridge.com/zh-HK/news/241179752.md) generator: "portal-rs" --- # HCM II Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.02 EPS: As of FY2025 Q1, the actual value is USD 0.02. ### Segment Revenue - The company has not generated any operating revenues as of March 31, 2025, since it is a blank check company focused on effecting a business combination. ### Operational Metrics - **Net Income**: The company reported a net income of $689,999 for the three months ended March 31, 2025. - **General and Administrative Costs**: These costs amounted to $1,103,133 for the same period. ### Cash Flow - **Operating Cash Flow**: The net cash used in operating activities was - $150,929 for the three months ended March 31, 2025. ### Unique Metrics - **Interest Income**: The company earned $2,462,864 in interest from marketable securities held in the Trust Account for the three months ended March 31, 2025. ### Future Outlook and Strategy - **Core Business Focus**: The company is focused on completing a business combination with Terrestrial Energy Inc., which is expected to close in the fourth quarter of 2025, subject to shareholder approval and other customary closing conditions. - **Non-Core Business**: The company has entered into PIPE Subscription Agreements to issue and sell 5,000,000 shares of Domesticated Common Stock at $10.00 per share, which will close immediately prior to or concurrently with the business combination. ### Related Stocks - [HOND.US](https://longbridge.com/en/quote/HOND.US.md) - [IMSR.US](https://longbridge.com/en/quote/IMSR.US.md) ## Related News & Research - [IMSR: Lifetime revenue per plant raised to $2.7B, with Q2 net loss improving to $9.4M](https://longbridge.com/en/news/295527150.md) - [Terrestrial Energy signs engineering services agreement with Zachry Group for Texas A&M-RELLIS IMSR project](https://longbridge.com/en/news/294063697.md) - [Terrestrial Energy posts investor presentation detailing IMSR tech, $2.3T SAM and deployment roadmap](https://longbridge.com/en/news/293348834.md) - [Terrestrial Energy publishes investor presentation on IMSR molten salt SMR for industrial heat, power markets](https://longbridge.com/en/news/293351912.md) - [Terrestrial Energy hires new employment pacts for CFO Brian Thrasher, COO William Smith and CTO David LeBlanc](https://longbridge.com/en/news/283052572.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**