EPS: As of FY2025 Q2, the actual value is USD -0.08.<h3>Segment Revenue</h3><ul><li>Insurance Expense: $44,656 for the three months ended June 30, 2025, compared to $50,659 for the same period in 2024. For the six months ended June 30, 2025, insurance expense was $90,522 compared to $114,113 for the same period in 2024.</li><li>Dues and Subscriptions: $56,070 for the three months ended June 30, 2025, compared to $28,720 for the same period in 2024. For the six months ended June 30, 2025, dues and subscriptions expense was $68,992 compared to $67,601 for the same period in 2024.</li><li>Administrative Expenses – Related Party: $30,000 for the three months ended June 30, 2025, and 2024. For the six months ended June 30, 2025, administrative expenses were $60,000, the same as the previous year.</li><li>Legal and Accounting Expenses: $206,051 for the three months ended June 30, 2025, compared to $99,110 for the same period in 2024. For the six months ended June 30, 2025, legal and accounting expenses were $492,006 compared to $514,438 for the same period in 2024.</li><li>Interest, General and Administrative Expenses: $37,640 for the three months ended June 30, 2025, compared to $23,741 for the same period in 2024. For the six months ended June 30, 2025, interest, general and administrative expenses were $70,508 compared to $42,328 for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income (Loss): For the three months ended June 30, 2025, the net loss was $203,872 compared to a net income of $422,450 for the same period in 2024. For the six months ended June 30, 2025, the net loss was $2,265,769 compared to a net income of $570,542 for the same period in 2024.</li><li>Loss on Extinguishment of Debt: $1,822,844 for the six months ended June 30, 2025.</li><li>Dividends on Marketable Securities Held in Trust Account: $170,545 for the three months ended June 30, 2025, compared to $689,680 for the same period in 2024. For the six months ended June 30, 2025, dividends were $339,103 compared to $1,369,022 for the same period in 2024.</li><li>Covenant Fees: $190,000 for the three months ended June 30, 2024, and $225,000 for the six months ended June 30, 2024. No covenant fees were reported for 2025.</li><li>Credit Losses: $225,000 for the three and six months ended June 30, 2024. No credit losses were reported for 2025.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash used in operating activities was - $159,480 for the six months ended June 30, 2025, compared to net cash provided by operating activities of $815,288 for the same period in 2024.</li><li>Investing Cash Flow: Net cash used in investing activities was - $522,706 for the six months ended June 30, 2025, compared to - $1,790,861 for the same period in 2024.</li><li>Financing Cash Flow: Net cash provided by financing activities was $613,000 for the six months ended June 30, 2025, compared to $900,000 for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Marketable Securities Held in Trust Account: $16,572,304 as of June 30, 2025, compared to $16,053,202 as of December 31, 2024.</li><li>Accrued Interest – Related Party: $200,109 as of June 30, 2025, compared to $129,630 as of December 31, 2024.</li><li>Deferred Underwriting Commissions: $6,641,250 as of June 30, 2025, unchanged from December 31, 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to use the funds held in the Trust Account, including any interest earned, to complete its Initial Business Combination. The company intends to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform due diligence, and complete the Initial Business Combination.</li><li>Non-Core Business: The company has entered into various agreements, including a Merger Agreement with Fusemachines Inc., and plans to re-domicile to Delaware. The company has also secured financing and extended the time to complete the business combination through multiple amendments and extensions.</li><li>Priority: The company emphasizes the completion of the Initial Business Combination and has taken steps to extend the time available to achieve this goal, including securing additional financing and amending agreements to facilitate the process.</li></ul>

CSLWF

CSLM ACQUISITION CORP C/WTS (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD -0.08