--- title: "ISRAEL ACQUISITIONS CORP C/WTS (TO PUR ORD) | 10-Q: FY2025 Q2 EPS: USD -0.11" type: "News" locale: "en" url: "https://longbridge.com/en/news/252917141.md" datetime: "2025-08-13T20:33:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/252917141.md) - [en](https://longbridge.com/en/news/252917141.md) - [zh-HK](https://longbridge.com/zh-HK/news/252917141.md) --- # ISRAEL ACQUISITIONS CORP C/WTS (TO PUR ORD) | 10-Q: FY2025 Q2 EPS: USD -0.11 EPS: As of FY2025 Q2, the actual value is USD -0.11. ### Segment Revenue - **Class A Ordinary Shares Subject to Possible Redemption**: 797,932 shares at a redemption value of $9,570,875 as of June 30, 2025, compared to 7,259,615 shares at $82,604,083 as of December 31, 2024. ### Operational Metrics - **Net Loss**: For the three months ended June 30, 2025, the net loss was $238,126, compared to a net income of $738,891 for the same period in 2024. For the six months ended June 30, 2025, the net loss was $171,473, compared to a net income of $1,314,747 for the same period in 2024. - **Loss from Operations**: For the three months ended June 30, 2025, the loss from operations was $349,125, compared to $293,681 for the same period in 2024. For the six months ended June 30, 2025, the loss from operations was $630,397, compared to $925,456 for the same period in 2024. ### Cash Flow - **Net Cash Used in Operating Activities**: For the six months ended June 30, 2025, net cash used in operating activities was $192,894, compared to net cash provided by operating activities of $1,628,221 for the same period in 2024. - **Net Cash Provided by Investing Activities**: For the six months ended June 30, 2025, net cash provided by investing activities was $73,033,208, compared to $73,388,235 for the same period in 2024. - **Net Cash Used in Financing Activities**: For the six months ended June 30, 2025, net cash used in financing activities was $72,804,315, compared to $75,621,158 for the same period in 2024. ### Unique Metrics - **Gain on Extinguishment of Liability**: The company recorded a gain of $12,533 for the three months ended June 30, 2025, and $125,669 for the six months ended June 30, 2025, due to renegotiated amounts due to a vendor. ### Future Outlook and Strategy - **Core Business Focus**: The company is focused on completing its initial business combination with Gadfin Ltd., a technology company specializing in hydrogen-powered drones for logistics and cargo delivery. The business combination agreement includes a revised company equity value of $180,000,000. - **Non-Core Business**: The company received a deficiency letter from Nasdaq regarding non-compliance with the minimum market value of listed securities requirement. The company has until November 24, 2025, to regain compliance, and is considering actions to address this issue. ### Related Stocks - [ISRLW.US](https://longbridge.com/en/quote/ISRLW.US.md) - [ISLWF.US](https://longbridge.com/en/quote/ISLWF.US.md) ## Related News & Research - [Israeli airlines to increase flights to Tel Aviv this week](https://longbridge.com/en/news/277804723.md)