<span item_type="fundamental" item_id="c1e63e1d5eeae6f16f5fcdb011218a69" counter_id="ST/US/IRRXW" env="prod"></span><span item_type="announcement" item_id="557059573317964545" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD -1.39.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenue as of June 30, 2025, as it is a blank check company focused on effecting a Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: For the three months ended June 30, 2025, the company reported a net loss of $8,206,798, compared to a net loss of $1,040,084 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li><li><strong>Operating Expenses</strong>: Operating expenses for the three months ended June 30, 2025, were $449,001, compared to $213,679 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li><li><strong>Change in Fair Value of Warrant Liabilities</strong>: The company recorded a loss of $7,607,000 from the change in fair value of warrant liabilities for the three months ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2025, net cash used in operating activities was - $1,320,908.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li><li><strong>Net Cash Provided by Investing Activities</strong>: For the six months ended June 30, 2025, net cash provided by investing activities was $2,628,085, primarily due to cash withdrawn from the Trust Account for payment to redeeming stockholders.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li><li><strong>Net Cash Used in Financing Activities</strong>: For the six months ended June 30, 2025, net cash used in financing activities was - $1,326,802, primarily due to payments to redeeming stockholders.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Class A Common Stock Subject to Possible Redemption</strong>: As of June 30, 2025, 25,572 shares of Class A common stock were subject to possible redemption, valued at $387,193.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing a Business Combination by September 15, 2025, and has extended the deadline multiple times to facilitate this goal.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Crude Oil Supply, Offtake, and Processing Agreement with Shell Trading (US) Company, which will become effective upon meeting certain conditions precedent, including completion of construction and regulatory approvals.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854795/000121390025084539/ea0254691-10q_integrated.htm"></span></li></ul>

INTEGRATED RAIL & RESOURCES ACQ COR C/WTS (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD -1.39