---
title: "Cantor Equity Partners III | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283971751.md"
datetime: "2026-04-24T09:34:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283971751.md)
  - [en](https://longbridge.com/en/news/283971751.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283971751.md)
---

# Cantor Equity Partners III | 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 0.17.

EBIT: As of FY2025, the actual value is USD -8.133 M.

Cantor Equity Partners III, Inc. operates as a single reportable segment, primarily focused on effecting a business combination and has not generated operating revenues to date .

#### Net Income (Loss)

Cantor Equity Partners III, Inc. reported net income of approximately $3,605,000 for the year ended December 31, 2025, a significant improvement from a net loss of approximately - $61,000 for the year ended December 31, 2024 .

#### Interest Income

Interest income on investments held in the Trust Account was approximately $5,869,000 for the year ended December 31, 2025, with no interest income generated in the prior year ended December 31, 2024 .

#### Operating Costs and Expenses

General and administrative costs increased to approximately $2,203,000 for the year ended December 31, 2025, from approximately $61,000 in 2024 . Administrative expenses paid to a related party were approximately $61,000 in 2025, with no such expenses in 2024 . The loss from operations was - $2,264,307 for the year ended December 31, 2025, compared to - $61,126 for the year ended December 31, 2024 .

#### Cash and Working Capital

Cash in the operating account increased to $25,000 as of December 31, 2025, from $0 as of December 31, 2024 . The company had a working capital deficit of approximately - $1,888,000 as of December 31, 2025, which worsened from approximately - $164,000 as of December 31, 2024 . Approximately $5,884,000 of funds earned on investments held in the Trust Account were available to pay taxes as of December 31, 2025, compared to $0 in 2024 . The Sponsor Loan had an outstanding balance of approximately $312,000 as of December 31, 2025, with no balance in 2024 .

#### Outlook / Guidance

Management expects to have sufficient working capital and borrowing capacity from the Sponsor to cover needs until a business combination or one year from the report date, specifically for existing payables and the AIR Business Combination . However, the 2024 SPAC Rules and potential climate-related disclosure requirements are identified as factors that could materially impact the completion of the Business Combination . These factors could potentially increase associated costs, time, and reporting complexity .

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