I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 0.
EPS: As of FY2025 Q3, the actual value is USD -0.06.
EBIT: As of FY2025 Q3, the actual value is USD -366.38 K.
Segment Revenue
- Administrative Fee – related party: $45,000 for the three months ended September 30, 2025 and 2024; $135,000 for the nine months ended September 30, 2025 and 2024.
- Consulting fees – related party: $46,800 for the three months ended September 30, 2025 and 2024; $140,400 for the nine months ended September 30, 2025 and 2024.
- Business combination expenses: $4,972 for the three months ended September 30, 2025; $680,534 for the three months ended September 30, 2024; $512,171 for the nine months ended September 30, 2025; $1,234,922 for the nine months ended September 30, 2024.
- General and administrative: $263,835 for the three months ended September 30, 2025; $227,033 for the three months ended September 30, 2024; $894,136 for the nine months ended September 30, 2025; $1,677,711 for the nine months ended September 30, 2024.
Operational Metrics
- Net loss: - $380,642 for the three months ended September 30, 2025; - $691,836 for the three months ended September 30, 2024; - $2,158,659 for the nine months ended September 30, 2025; - $2,120,903 for the nine months ended September 30, 2024.
- Interest income earned on investments held in Trust Account: $63,653 for the three months ended September 30, 2025; $109,352 for the three months ended September 30, 2024; $224,617 for the nine months ended September 30, 2025; $478,018 for the nine months ended September 30, 2024.
- Interest income earned on cash and investment accounts: $1,017 for the three months ended September 30, 2025; $1,276 for the three months ended September 30, 2024; $3,068 for the nine months ended September 30, 2025; $3,135 for the nine months ended September 30, 2024.
- Change in fair value of warrant liabilities: - $19,500 for the three months ended September 30, 2025; $235,000 for the three months ended September 30, 2024; - $503,100 for the nine months ended September 30, 2025; $705,000 for the nine months ended September 30, 2024.
- Interest expense: - $58,895 for the three months ended September 30, 2025; - $20,879 for the three months ended September 30, 2024; - $195,169 for the nine months ended September 30, 2025; - $48,674 for the nine months ended September 30, 2024.
- Income tax provision: - $6,310 for the three months ended September 30, 2025; - $17,218 for the three months ended September 30, 2024; - $6,368 for the nine months ended September 30, 2025; - $70,349 for the nine months ended September 30, 2024.
Cash Flow
- Net Cash Used In Operating Activities: - $816,739 for the nine months ended September 30, 2025; - $1,381,646 for the nine months ended September 30, 2024.
- Net Cash Provided by Investing Activities: $2,624,116 for the nine months ended September 30, 2025; $9,587,350 for the nine months ended September 30, 2024.
- Net Cash Used In Financing Activities: - $1,823,928 for the nine months ended September 30, 2025; - $8,194,358 for the nine months ended September 30, 2024.
Unique Metrics
- Class A common stock subject to possible redemption: $6,249,923 as of September 30, 2025; $8,646,368 as of December 31, 2024.
- Derivative warrant liabilities: $585,000 as of September 30, 2025; $81,900 as of December 31, 2024.
Future Outlook and Strategy
- Core Business Focus: The company continues to pursue an initial business combination and has extended the date by which it must complete this combination to May 1, 2026.
- Non-Core Business: The company has not commenced any operations and will not generate any operating revenues until after the completion of its initial business combination.
- Priority: The company is focused on identifying and evaluating target businesses, performing due diligence, and structuring, negotiating, and completing a business combination.