--- title: "Harvard Ave Acquisition | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/280683455.md" datetime: "2026-03-26T20:19:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280683455.md) - [en](https://longbridge.com/en/news/280683455.md) - [zh-HK](https://longbridge.com/zh-HK/news/280683455.md) --- # Harvard Ave Acquisition | 10-K: FY2025 Revenue: USD 0 Revenue: As of FY2025, the actual value is USD 0. EPS: As of FY2025, the actual value is USD 0.09. EBIT: As of FY2025, the actual value is USD -1.277 M. Harvard Ave Acquisition Corporation operates as a single reportable segment, with the Chief Executive Officer serving as the chief operating decision maker (CODM) who reviews overall company assets, operating results, and financial metrics to allocate resources and assess performance. #### Operational Metrics - **Net Income (Loss)**: The company reported a net income of $729,121 for the year ended December 31, 2025, compared to a net loss of -$84,721 for the period from August 15, 2024 (inception) through December 31, 2024. - **Interest Earned on Investments Held in Trust Account**: This amounted to $1,003,054 for the year ended December 31, 2025, with no interest earned in the prior period. - **Formation and Operating Costs**: These costs were $273,933 for the year ended December 31, 2025, and $84,721 for the period from August 15, 2024 (inception) through December 31, 2024. #### Cash Flow - **Net Cash Used in Operating Activities**: The company used -$1,311,873 in operating activities for the year ended December 31, 2025, and -$11,000 for the period from August 14, 2024 (inception) through December 31, 2024. - **Net Cash Used in Investing Activities**: Investing activities used -$145,000,000 for the year ended December 31, 2025, primarily due to investment of cash into the Trust Account, with no investing activities in the prior period. - **Net Cash Provided by Financing Activities**: Financing activities provided $146,311,873 for the year ended December 31, 2025, and $11,100 for the period from August 14, 2024 (inception) through December 31, 2024. #### Unique Metrics - **Investments Held in Trust Account**: As of December 31, 2025, the Trust Account held $146,003,054, including approximately $1,003,054 of interest income. There were no assets held in the Trust Account as of December 31, 2024. - **Related Party Receivable**: The company had a related party receivable of $965,240 at December 31, 2025, up from $6,082 at December 31, 2024. - **Working Capital**: The company reported working capital of $635,210 at December 31, 2025, an improvement from a working capital deficit of -$266,763 at December 31, 2024. - **Deferred Underwriting Fee Payable**: A deferred underwriting fee of $4,350,000 is payable at the closing of the initial Business Combination. #### Outlook / Guidance Harvard Ave Acquisition Corporation expects to continue incurring significant costs for its financing and acquisition plans, which raises substantial doubt about its ability to continue as a going concern without successfully completing a Business Combination within the required timeframe. The company does not anticipate needing additional funds for current operations but may require further financing if acquisition costs exceed estimates or if a significant number of public shares are redeemed. There is no assurance that the company’s plans to complete a Business Combination will be successful. ### Related Stocks - [HAVA.US](https://longbridge.com/en/quote/HAVA.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [Eli Lilly Retatrutide 12 Mg Achieved 30.3% Average Weight Loss At 104 Weeks In Extension](https://longbridge.com/en/news/287203984.md) - [Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction | LPSIF Stock News](https://longbridge.com/en/news/287209736.md) - [Celestica Director Sold Shares Worth Over $1.3M](https://longbridge.com/en/news/287130203.md) - [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md)