---
title: "AQUARON ACQUISITION CORP | 10-Q: FY2025 Q1 EPS: USD -0.22"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249737574.md"
datetime: "2025-07-23T10:03:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249737574.md)
  - [en](https://longbridge.com/en/news/249737574.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249737574.md)
---

# AQUARON ACQUISITION CORP | 10-Q: FY2025 Q1 EPS: USD -0.22

EPS: As of FY2025 Q1, the actual value is USD -0.22.

EBIT: As of FY2025 Q1, the actual value is USD -373.31 K.

### Segment Revenue

-   The company has not generated any operating revenues as of March 31, 2025, as it is still in the process of identifying a target company for an initial business combination.

### Operational Metrics

-   **Net Loss**: For the three months ended March 31, 2025, the company reported a net loss of $383,100, compared to a net income of $98,814 for the same period in 2024.
-   **General and Administrative Expenses**: Increased to $464,483 for the three months ended March 31, 2025, from $79,082 for the same period in 2024.
-   **Franchise Tax Expenses**: Decreased to $5,900 for the three months ended March 31, 2025, from $10,800 for the same period in 2024.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the three months ended March 31, 2025, net cash used in operating activities was - $25,329, compared to - $140,171 for the same period in 2024.
-   **Net Cash Used in Investing Activities**: For the three months ended March 31, 2025, net cash used in investing activities was - $42,211, compared to - $114,421 for the same period in 2024.
-   **Net Cash Provided by Financing Activities**: For the three months ended March 31, 2025, net cash provided by financing activities was $60,000, compared to $281,948 for the same period in 2024.

### Unique Metrics

-   **Interest Earned on Investments Held in Trust Account**: $63,679 for the three months ended March 31, 2025, compared to $274,776 for the same period in 2024.
-   **Unrealized Gain on Investments Held in Trust Account**: $33,391 for the three months ended March 31, 2025, compared to $143,038 for the same period in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company is focused on completing a business combination by August 6, 2025, and is considering extending the period if necessary. The company is also evaluating additional financing options to complete the business combination.
-   **Non-Core Business**: The company has entered into a merger agreement with Huture Ltd., which implies a current equity value of Huture at $1.0 billion prior to the closing of the mergers.
-   **Priority**: The company is prioritizing the completion of the business combination and addressing the delisting from Nasdaq, which raises substantial doubt about its ability to continue as a going concern.

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- [AQUNR.US](https://longbridge.com/en/quote/AQUNR.US.md)

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