---
title: "Quetta Acquisition 2025 10-K: $0 Revenue, $(0.78) M Net Loss, $0.854M Interest Income"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283856239.md"
description: "Quetta Acquisition reported no operating revenue for 2025, with a net loss of $0.781 million, down from a net income of $2.094 million in 2024. Interest income decreased to $0.854 million from $3.659 million. The company, a special purpose acquisition vehicle, is focused on business combinations rather than generating revenue. It executed and terminated a merger with KM QUAD and entered a new agreement with Smart Kreate in March 2026. The company maintained its public status and managed trust account extensions to support future transactions."
datetime: "2026-04-23T14:45:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283856239.md)
  - [en](https://longbridge.com/en/news/283856239.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283856239.md)
generator: "portal-rs"
---

# Quetta Acquisition 2025 10-K: $0 Revenue, $(0.78) M Net Loss, $0.854M Interest Income

**Quetta Acquisition** reported no operating revenues for the year ended December 31, 2025 and recorded a net loss of $0.781 million (net loss of $780,924), compared with net income of $2.094 million in 2024; interest income was $0.854 million in 2025 versus $3.659 million in 2024. The results reflect the company's status as a special purpose acquisition vehicle with primary activity centered on pursuing and executing a business combination rather than generating operating revenue. Per‑share net income (loss) figures were not specified in the filing.

**Financial Highlights**

-   **Revenue:** $0 — no operating revenues to date; interest income reported separately.
-   **Interest Income:** $853,854 for year ended Dec 31, 2025 (versus $3,658,889 for year ended Dec 31, 2024).
-   **Net Income (Loss):** Net loss of $(780,924) for year ended Dec 31, 2025 (net income of $2,094,096 for year ended Dec 31, 2024).
-   **Net Income Per Share:** Not specified in the provided data.

**Business Highlights**

-   **Business Combination Activity:** Executed and later terminated a proposed KM QUAD merger; subsequently entered a new Business Combination Agreement with Smart Kreate (PubCo) in March 2026.
-   **Operational Focus:** Continued active search for an initial business combination with expanded acquisition criteria to include entities operating in the People’s Republic of China, Hong Kong and Macau.
-   **Public Company Operations:** Maintained public company status and incurred increased compliance and transaction-related activities while conducting ongoing due diligence on potential targets.
-   **Trust and Extension Management:** Managed trust account extensions and redemptions, enabling monthly extension payments through April 2026 to preserve runway for completing a transaction.

Original SEC Filing: Quetta Acquisition Corp \[ QETA \] - 10-K - Apr. 23, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**