Revenue: As of FY2026 Q1, the actual value is USD 0.EPS: As of FY2026 Q1, the actual value is USD 0.04.EBIT: As of FY2026 Q1, the actual value is USD -2.257 M.Melar Acquisition Corp. I operates as a single segment, with its Chief Financial Officer reviewing overall operating results to allocate resources and assess financial performance .<h4>Operational Performance</h4>For the three months ended March 31, 2026, Melar Acquisition Corp. I reported a net income of $778,261, which is a decrease from $1,579,993 for the same period in 2025 . General and administrative costs significantly increased to $739,221 in 2026 from $156,948 in 2025 . This led to a loss from operations of -$739,221 in 2026 compared to -$156,948 in 2025 .<h4>Revenue and Other Income</h4>Dividends and interest earned on marketable securities and cash held in the Trust Account were $1,513,878 for the three months ended March 31, 2026, down from $1,736,734 in the prior year period . Interest income due from Everli was $156,234 in 2026, with no comparable income in 2025 . Interest expense on the Sponsor Loan was -$152,631 in 2026, also with no comparable expense in 2025 . Interest on cash held in the operating account was $1 in 2026, a decrease from $207 in 2025 .<h4>Cash Flow</h4>Net cash used in operating activities was -$92,870 for the three months ended March 31, 2026, an improvement from -$185,142 in the same period of 2025 . Cash flows from financing activities provided $75,000 in 2026, primarily from the Sponsor Loan, compared to $0 in 2025 . The net change in cash for the period was -$17,870 in 2026, an improvement from -$185,142 in 2025 .<h4>Balance Sheet Highlights</h4>As of March 31, 2026, cash stood at $14,205, down from $32,075 as of December 31, 2025 . Marketable securities and cash held in the Trust Account increased to $172,919,855 from $171,405,977 over the same period . The amount due from Everli, including interest, was $3,962,096 as of March 31, 2026, up from $3,805,862 at December 31, 2025 . The Sponsor Loan, including accrued interest, increased to $3,870,642 from $3,718,011 . Accounts payable and accrued liabilities rose to $1,186,019 from $576,961 . The company reported a working capital deficit of -$1,121,800 as of March 31, 2026 .<h4>Future Outlook and Strategy</h4>Melar Acquisition Corp. I has until June 20, 2026, to complete its initial Business Combination, with the proposed Everli Business Combination currently underway . Management plans to address the substantial doubt about its ability to continue as a going concern by closing the proposed Business Combination . The company acknowledges significant costs associated with its acquisition plans and the potential for mandatory liquidation if a Business Combination is not completed within the Combination Period .

MELAR ACQUISITION CORP. I C/WTS EXP 01/06/2031 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 0