--- title: "ALTENERGY ACQUISITION CORP C/WTS (TO PUR COM) | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/283982166.md" datetime: "2026-04-24T10:34:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283982166.md) - [en](https://longbridge.com/en/news/283982166.md) - [zh-HK](https://longbridge.com/zh-HK/news/283982166.md) generator: "portal-rs" --- # ALTENERGY ACQUISITION CORP C/WTS (TO PUR COM) | 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 -0.37. 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. ### Related Stocks - [AEAEW.US](https://longbridge.com/en/quote/AEAEW.US.md) ## Related News & Research - [OceanLight Acquisition files Form 3 showing OceanLight Capital Sponsor beneficial ownership](https://longbridge.com/en/news/298359698.md) - [Korn Ferry Announces First Quarter Fiscal 2027 Results of Operations | KFY Stock News](https://longbridge.com/en/news/298443711.md) - [fox e-mobility AG: Unqualified Audit Opinion for 2024 Financial Statements / Preliminary Figures for 2025 and First Half 2026](https://longbridge.com/en/news/298223863.md) - [Nike becomes London City Lionesses sponsor as well as kit partner in world record deal](https://longbridge.com/en/news/297939117.md) - [Liverpool in record £300m deal as Turkish Airlines replaces Standard Chartered](https://longbridge.com/en/news/298295147.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**