--- title: "Israel Acquisitions - Unit | 10-Q: FY2025 Q3 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/265982954.md" datetime: "2025-11-14T21:09:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265982954.md) - [en](https://longbridge.com/en/news/265982954.md) - [zh-HK](https://longbridge.com/zh-HK/news/265982954.md) --- # Israel Acquisitions - Unit | 10-Q: FY2025 Q3 Revenue: USD 0 Revenue: As of FY2025 Q3, the actual value is USD 0. EBIT: As of FY2025 Q3, the actual value is USD -280.99 K. ### Segment Revenue - No revenue reported as the company has not commenced any operations as of September 30, 2025. ### Operational Metrics - **Net Loss**: For the three months ended September 30, 2025, the net loss was $180,427, compared to a net income of $810,926 for the same period in 2024. - **Net Loss**: For the nine months ended September 30, 2025, the net loss was $351,900, compared to a net income of $2,125,673 for the same period in 2024. - **Administrative Expenses**: For the three months ended September 30, 2025, administrative expenses were $36,509, compared to $30,000 for the same period in 2024. - **Legal and Accounting Expenses**: For the three months ended September 30, 2025, legal and accounting expenses were $142,580, compared to $91,427 for the same period in 2024. - **Insurance Expenses**: For the three months ended September 30, 2025, insurance expenses were $27,500, compared to $63,981 for the same period in 2024. ### Cash Flow - **Operating Cash Flow**: For the nine months ended September 30, 2025, net cash used in operating activities was $295,938. - **Investing Cash Flow**: For the nine months ended September 30, 2025, net cash provided by investing activities was $72,849,016. - **Financing Cash Flow**: For the nine months ended September 30, 2025, net cash used in financing activities was $72,510,532. ### Unique Metrics - **Gain on Extinguishment of Liability**: For the nine months ended September 30, 2025, the company recorded a gain of $125,669. - **Dividend Income on Marketable Securities**: For the three months ended September 30, 2025, dividend income on marketable securities held in the Trust Account was $100,408, compared to $1,045,197 for the same period in 2024. ### 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 forming new entities and merging with Gadfin to create a new public company. - **Non-Core Business**: The company has received a deficiency letter from Nasdaq regarding its market value of listed securities and is considering actions to regain compliance. Additionally, the company has entered into an advisory agreement with BTIG, LLC to provide strategic and capital markets advisory services. - **Priority**: The company aims to complete the business combination with Gadfin Ltd. and address the Nasdaq compliance issue to maintain its listing status. ### Related Stocks - [ISRLU.US](https://longbridge.com/en/quote/ISRLU.US.md) - [ISLUF.US](https://longbridge.com/en/quote/ISLUF.US.md)