Revenue: As of FY2025 Q2, the actual value is USD 0.EPS: As of FY2025 Q2, the actual value is USD -0.07.EBIT: As of FY2025 Q2, the actual value is USD -229.26 K.<h3>Segment Revenue</h3><ul><li>Operating and Formation Expenses: $74,707 for the three months ended June 30, 2025, compared to $729,679 for the same period in 2024. For the six months ended June 30, 2025, expenses were $356,195 compared to $1,610,470 in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: $516,153 for the three months ended June 30, 2025, compared to $1,317,884 for the same period in 2024. For the six months ended June 30, 2025, net loss was $274,028 compared to $2,039,626 in 2024.</li><li>Change in Fair Value of Derivative Warrant Liabilities: - $746,000 for the three months ended June 30, 2025, compared to - $932,500 for the same period in 2024. For the six months ended June 30, 2025, the change was - $373,000 compared to - $1,119,000 in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: $289,621 provided by operating activities for the six months ended June 30, 2025, compared to - $930,123 used in operating activities for the same period in 2024.</li><li>Investing Cash Flow: - $289,867 used in investing activities for the six months ended June 30, 2025, compared to - $300,000 for the same period in 2024.</li><li>Financing Cash Flow: $578,534 provided by financing activities for the six months ended June 30, 2025, compared to $1,213,500 for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Income from Cash Held in the Trust Account: $154,554 for the three months ended June 30, 2025, compared to $344,295 for the same period in 2024. For the six months ended June 30, 2025, income was $305,167 compared to $689,912 in 2024.</li><li>Benefit from Credit Loss: $150,000 for the three months ended June 30, 2025, compared to $0 for the same period in 2024. For the six months ended June 30, 2025, the benefit was $150,000 compared to $0 in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to address liquidity concerns through the completion of the initial business combination. The management has determined that the liquidity condition and mandatory liquidation, should a business combination not occur, and potential subsequent dissolution of the company raises substantial doubt about its ability to continue as a going concern for a period of time within one year after the date that the accompanying condensed consolidated financial statements are issued.</li><li>Non-Core Business: The company has entered into several SAFE Agreements and PIPE Investments to secure additional funding and support the business combination with AERKOMM Inc. These agreements are expected to provide significant capital to support the company’s operations and strategic initiatives.</li><li>Priority: The company is focused on completing the business combination with AERKOMM Inc. and securing additional funding through SAFE Agreements and PIPE Investments to ensure sufficient liquidity and support future growth.</li></ul>

IX ACQUISITION CORP C/WTS 31/07/2028 (TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 0