--- title: "Churchill Capital Corp X - Unit | 10-Q: FY2025 Q1 EPS: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/244713449.md" datetime: "2025-06-16T12:36:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244713449.md) - [en](https://longbridge.com/en/news/244713449.md) - [zh-HK](https://longbridge.com/zh-HK/news/244713449.md) --- # Churchill Capital Corp X - Unit | 10-Q: FY2025 Q1 EPS: USD 0 EPS: As of FY2025 Q1, the actual value is USD 0. EBIT: As of FY2025 Q1, the actual value is USD -18.2 K. ### Segment Revenue - The company has not generated any operating revenues as of March 31, 2025, since it is a blank check company focused on identifying a target for a business combination. ### Operational Metrics - **Net Loss**: For the three months ended March 31, 2025, the company reported a net loss of $18,200, primarily due to general and administrative costs. - **General and Administrative Costs**: These costs amounted to $18,200 for the three months ended March 31, 2025, compared to $44,611 for the period from January 4, 2024 (inception) through March 31, 2024. ### Cash Flow - **Net Cash Used in Operating Activities**: The company reported no net cash used in operating activities for the three months ended March 31, 2025. ### Unique Metrics - **Deferred Offering Costs**: As of March 31, 2025, deferred offering costs included in accrued offering costs amounted to $12,945. ### Future Outlook and Strategy - **Core Business Focus**: The company intends to use the funds held in the Trust Account to complete its Initial Business Combination, with a focus on identifying and evaluating target businesses, performing due diligence, and negotiating a Business Combination. - **Non-Core Business**: There are no specific plans related to non-core business activities as the company’s primary focus remains on completing its Initial Business Combination. ### Related Stocks - [CCCXU.US](https://longbridge.com/en/quote/CCCXU.US.md) ## Related News & Research - [FACTBOX-IPO-bound SpaceX's board is stacked with Musk empire loyalists](https://longbridge.com/en/news/287206089.md) - [INSTANT VIEW-SpaceX files long awaited IPO, creating a fresh AI play](https://longbridge.com/en/news/287124128.md) - [IBM Stock Surges on $1B Quantum Boost as Dan Ives Sees "Massive Upside"](https://longbridge.com/en/news/287265274.md) - [ANALYSIS-Why SpaceX's mega IPO may not signal a broader rebound in listings](https://longbridge.com/en/news/287215490.md) - [GRAPHIC-Major takeaways from Magnificent Seven's AI-fueled earnings](https://longbridge.com/en/news/287224928.md)