---
title: "Quetta Acquisition Corp 1Q 2026: Net income $(13,521), EPS $(0.004) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286576747.md"
description: "Quetta Acquisition Corp reported a net loss of $(13,521) for Q1 2026, an improvement from $(193,671) in Q1 2025, with diluted EPS at $(0.004) compared to $(0.04) last year. The company is focusing on fintech acquisitions in Asia, expanding its criteria to include China, Hong Kong, and Macau. It has entered a Business Combination Agreement with Smart Kreate Group and is pursuing discussions with KM QUAD. Management expresses doubt about continuing as a going concern without completing a business combination."
datetime: "2026-05-15T13:41:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286576747.md)
  - [en](https://longbridge.com/en/news/286576747.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286576747.md)
generator: "portal-rs"
---

# Quetta Acquisition Corp 1Q 2026: Net income $(13,521), EPS $(0.004) — 10-Q Summary

Quetta Acquisition Corp reported results for the first quarter of 2026, narrowing its net loss to $(13,521) versus a loss of $(193,671) in the year-ago quarter, and reporting diluted earnings per share of $(0.004) compared with $(0.04) in the prior-year quarter.

**Financial Highlights**

-   Net income was $(13,521) for Q1 2026, improved from $(193,671) in Q1 2025.
-   Diluted EPS was $(0.004) for Q1 2026, versus $(0.04) in Q1 2025.

**Business Highlights**

-   Business focus remains on fintech acquisitions in Asia; acquisition criteria expanded to include China, Hong Kong and Macau.
-   Company is actively identifying targets, entered a Business Combination Agreement with Smart Kreate Group and pursued discussions with KM QUAD.
-   Trust funds continued to be used for taxes and extensions, with monthly extension deposits made to preserve the deal timeline through May 2026.
-   Ongoing public-company costs and due diligence expenses continue; management notes substantial doubt about the company's ability to continue as a going concern without completing a business combination.

Original SEC Filing: Quetta Acquisition Corp \[ QETA \] - 10-Q - May. 15, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**