<span item_type="fundamental" item_id="b5046b1d74d96c005cb956e86013ba0f" counter_id="ST/US/BHACU" env="prod"></span><span item_type="announcement" item_id="519374829677775233" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.21.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Interest Income – Trust Account</strong>: $143,400 for the three months ended March 31, 2025, compared to $320,299 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Operating Costs</strong>: $1,295,159 for the three months ended March 31, 2025, compared to $2,646,244 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li><li><strong>Net Loss</strong>: $1,426,442 for the three months ended March 31, 2025, compared to $2,504,756 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $14,889 for the three months ended March 31, 2025, compared to - $388,382 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Change in Fair Value of Note Payable - Polar</strong>: Loss of $216,953 for the three months ended March 31, 2025, compared to a loss of $95,986 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing its Initial Business Combination by October 7, 2025, to address its working capital deficit and continue operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Business Combination Agreement with XCF Global Capital, Inc., which is expected to close in the first half of 2025, subject to customary closing conditions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul>

Focus Impact BH3 Acquisition - Unit | 10-Q: FY2025 Q1 EPS: USD -0.21