---
title: "Arogo Capital Acquisition - UNIT | 10-Q: FY2025 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273880405.md"
datetime: "2026-01-27T18:25:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273880405.md)
  - [en](https://longbridge.com/en/news/273880405.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273880405.md)
---

# Arogo Capital Acquisition - UNIT | 10-Q: FY2025 Q1 Revenue: USD 0

Revenue: As of FY2025 Q1, the actual value is USD 0.

EPS: As of FY2025 Q1, the actual value is USD -0.07.

EBIT: As of FY2025 Q1, the actual value is USD -201.38 K.

#### Net Loss

For the three months ended March 31, 2025, Arogo Capital Acquisition Corp. reported a net loss of - $104,395, which is an improvement from a net loss of - $188,723 for the three months ended March 31, 2024.

#### Operating Costs

Formation and operating costs were $171,379 for the three months ended March 31, 2025, a decrease from $358,992 for the same period in 2024. Franchise tax expenses were $30,000 for the three months ended March 31, 2025, down from $35,600 for the three months ended March 31, 2024. The income tax provision was $0 for the three months ended March 31, 2025, compared to $45,261 for the three months ended March 31, 2024.

#### Investment Income

Investment income earned on cash held in the Trust Account was $96,982 for the three months ended March 31, 2025, a decrease from $251,129 for the three months ended March 31, 2024. Interest earned in the operating account was $2 for the three months ended March 31, 2025, compared to $1 for the same period in 2024.

#### Cash Flow

Net cash used in operating activities was - $69,260 for the three months ended March 31, 2025, compared to - $40,850 for the three months ended March 31, 2024. Redemption of common stock resulted in cash provided by financing activities of $20,073,718 for the three months ended March 31, 2025, whereas there was $0 for the same period in 2024.

#### Balance Sheet Highlights

As of March 31, 2025, cash held in the Trust Accounts was $285,779, a decrease from $20,262,514 as of December 31, 2024. Cash outside the Trust Accounts was $52,755 as of March 31, 2025, down from $122,013 as of December 31, 2024. The working capital deficit was - $6,385,167 as of March 31, 2025, an improvement from - $25,596,951 as of December 31, 2024. Deferred underwriting fees stand at $3,622,500. Working Capital Loans from related parties totaled $180,000 as of both March 31, 2025, and December 31, 2024. Total extension payments deposited into the Trust Account amounted to $1,750,211 as of March 31, 2025, and December 31, 2024.

#### Strategic Summary and Outlook

Arogo Capital Acquisition Corp. is a blank check company aiming to complete a business combination by June 29, 2026, and has entered into a business combination agreement with Bangkok Tellink Co., Ltd. (Tellink) on February 14, 2025. The company’s securities were delisted from Nasdaq and began trading on the OTC Pink Market on September 17, 2024, although it intends to continue making required SEC filings and comply with Nasdaq corporate governance requirements. Management acknowledges that failure to complete an initial business combination within the prescribed period raises substantial doubt about the company’s ability to continue as a going concern and anticipates needing to raise additional funds for working capital and potential acquisitions.

### Related Stocks

- [AOGOU.US](https://longbridge.com/en/quote/AOGOU.US.md)

## Related News & Research

- [LIFT Completes Combination With Winsome Resources | LIFFF Stock News](https://longbridge.com/en/news/287205295.md)
- [Sachem Capital Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Sachem Capital Corp. - SACH](https://longbridge.com/en/news/286947803.md)
- [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md)
- [Dominion, NextEra Merge to Create a $67 Billion Electric Behemoth. History Tells Us This Is a Cautionary Tale.](https://longbridge.com/en/news/287073456.md)
- [United Lithium to Change Name to NordX Metals Corp. and Complete 2 for 1 Share Consolidation | ULTHF Stock News](https://longbridge.com/en/news/286252684.md)