<span item_type="fundamental" item_id="afdd282752258c32e360448c517f4251" counter_id="ST/US/SPKLW" env="prod"></span><span item_type="announcement" item_id="548677611233874433" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD 0.02.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues as of June 30, 2025, and will not do so until after the completion of an initial Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net income for the three months ended June 30, 2025, was $362,583, compared to $870,843 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/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li><li>Net income for the six months ended June 30, 2025, was $904,912, compared to $1,641,221 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/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li><li>Total expenses for the three months ended June 30, 2025, were $763,867, compared to $470,191 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/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li><li>Total expenses for the six months ended June 30, 2025, were $1,341,232, compared to $1,026,123 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/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the six months ended June 30, 2025, was - $973,575, compared to - $932,964 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/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li><li>Net cash provided by financing activities for the six months ended June 30, 2025, was $1,700,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company had $109,172,314 in investments held in the Trust Account as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>The company is actively negotiating the terms of a binding business combination agreement with Kneron, a leading provider of full stack edge AI solutions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li><li>The company has extended the date by which it has to consummate a business combination to September 29, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li><li>The company has a working capital deficit of $2,210,134 as of June 30, 2025, and there is substantial doubt about its ability to continue as a going concern for the next twelve months.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1884046/000141057825001693/spkl-20250630x10q.htm"></span></li></ul>

SPARK I ACQUISITION CORP C/WTS 01/10/2030(TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD 0.02