--- title: "LaFayette Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/286465918.md" datetime: "2026-05-14T20:44:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286465918.md) - [en](https://longbridge.com/en/news/286465918.md) - [zh-HK](https://longbridge.com/zh-HK/news/286465918.md) --- # LaFayette Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0 Revenue: As of FY2026 Q1, the actual value is USD 0. EBIT: As of FY2026 Q1, the actual value is USD -1.205 M. #### Operational Metrics - **Net Income** - For the three months ended March 31, 2026, LaFayette Acquisition Corp. reported a net income of $839,928. - For the three months ended March 31, 2025, the Company reported no net income or net loss. - **Non-Operating Income** - Interest earned on marketable securities held in the Trust Account was $1,022,588 for the three months ended March 31, 2026. - Interest earned on marketable securities was $0 for the three months ended March 31, 2025. - **Operational Costs** - Formation, general and administrative costs amounted to $182,660 for the three months ended March 31, 2026. - No such costs were incurred in the corresponding period of 2025. #### Cash Flow - **Net Cash Used in Operating Activities** - For the three months ended March 31, 2026, net cash used in operating activities was -$204,170. - For the three months ended March 31, 2025, net cash used in operating activities was $0. #### Future Outlook and Strategy LaFayette Acquisition Corp. plans to use substantially all funds in its Trust Account to complete a Business Combination. Funds outside the Trust Account will be utilized for identifying, evaluating, performing due diligence on target businesses, and structuring the Business Combination. The Company acknowledges a lack of liquidity, which raises substantial doubt about its ability to continue as a going concern if a Business Combination is not completed by July 27, 2027. ### Related Stocks - [LAFA.US](https://longbridge.com/en/quote/LAFA.US.md) ## Related News & Research - [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Americold declares USD 0.23 per share Q2 2026 dividend](https://longbridge.com/en/news/287268362.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md)