I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025, the actual value is USD 0.
EPS: As of FY2025, the actual value is USD -0.37.
EBIT: As of FY2025, the actual value is USD -2.032 M.
AltEnergy Acquisition Corp. is a blank check company with no operating segments and has not generated any operating revenues to date, nor does it expect to until after a business combination is completed. All financial data presented is for the company as a whole.
Operational Metrics
- Net Loss: The company reported a net loss of - $2,339,611 for the year ended December 31, 2025, compared to a net loss of - $2,697,841 for the year ended December 31, 2024.
- Interest Income (Trust Account): Income earned on investments held in the Trust Account was $283,899 in 2025, a decrease from $576,286 in 2024.
- Interest Income (Operating and Investment Accounts): Income was $4,019 in 2025, slightly lower than $4,285 in 2024.
- Operating Expenses (Total): Total operating expenses were $2,028,609 in 2025, a significant reduction from $3,942,881 in 2024.
- Administrative Fee - related party: Remained constant at $180,000 for both 2025 and 2024.
- Consulting fees - related party: Remained constant at $187,200 for both 2025 and 2024.
- Business combination expenses: Decreased to $512,171 in 2025 from $1,669,253 in 2024.
- General and administrative: Decreased to $1,149,238 in 2025 from $1,906,428 in 2024.
- Change in Fair Value of Warrant Liabilities: The company experienced a loss of - $308,100 in 2025, contrasting with a gain of $858,100 in 2024.
- Interest Expense: Increased to - $284,452 in 2025 from - $102,355 in 2024.
- Income Tax Provision: Income tax provision was - $6,368 in 2025, down from - $91,276 in 2024.
Cash Flow
- Net Cash Used In Operating Activities: Net cash used in operating activities was - $1,795,718 for 2025, compared to - $1,765,142 for 2024.
Unique Metrics
- Investments held in Trust Account: As of December 31, 2025, the Trust Account held $6,196,874 (approximately $12.00 per share), down from $8,544,857 as of December 31, 2024.
- Cash Held Outside Trust Account: Cash available for working capital purposes outside the Trust Account was $18,708 as of December 31, 2025, compared to $18,458 as of December 31, 2024.
- Restricted Investment Account: As of December 31, 2025, $101,025 was held in a restricted investment account, with $100,000 reserved for dissolution costs and expenses if a business combination is not completed.
- Accrued Tax Payable – Excise Tax: The company recorded a 1% excise tax liability of $2,346,016 as of December 31, 2025, compared to $2,319,976 as of December 31, 2024.
- Warrant Liabilities: Total derivative warrant liabilities were $390,000 as of December 31, 2025, an increase from $81,900 as of December 31, 2024. This includes Private Placement Warrants valued at $160,000 and Public Warrants valued at $230,000 as of December 31, 2025.
- Deferred Underwriting Commission: The deferred underwriting commission remained at $8,050,000 for both December 31, 2025 and 2024, contingent upon the consummation of a business combination.
- Loan Payable – Sponsor: Outstanding loans from the Sponsor increased to $3,800,000 (plus $210,542 of accrued interest) as of December 31, 2025, from $2,335,000 (plus $91,688 of accrued interest) as of December 31, 2024.
Outlook / Guidance
AltEnergy Acquisition Corp. faces substantial doubt about its ability to continue as a going concern, as it must complete an initial business combination by May 1, 2026, or liquidate. Management plans to use Trust Account funds for a business combination and may seek additional third-party financing if needed. The company intends to file amended tax returns to remove accrued excise tax liability, interest, and penalties, pending IRS acceptance.