<span item_type="fundamental" item_id="3c77edb2b4ee5251562286bd04ed818b" counter_id="ST/US/IMAQ" env="prod"></span><span item_type="announcement" item_id="549450701971853697" env="prod"></span><p>EPS: As of FY2026 Q1, the actual value is USD -0.02.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -117.53 K.</p><p></p><h3>Segment Revenue</h3><ul><li>The company did not generate any operating revenues for the period from January 15, 2021, through June 30, 2025, as it is a blank check company focused on identifying a target for a business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: For the three months ended June 30, 2025, the company reported a net loss of $120,079, compared to a net loss of $154,867 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/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li><li><strong>General and Administrative Expenses</strong>: These expenses were $113,843 for the three months ended June 30, 2025, compared to $220,890 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/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li><li><strong>Franchise Tax Expense</strong>: The company incurred $26,200 in franchise tax expenses for the three months ended June 30, 2025, compared to $50,000 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/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: The company used $133,344 in net cash for operating activities for the three months ended June 30, 2025, compared to $431,597 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/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: The company used $6,000 in net cash for investing activities for the three months ended June 30, 2025, compared to $80,000 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/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: The company received $59,170 in net cash from financing activities for the three months ended June 30, 2025, compared to $510,800 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/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Warrant Liability</strong>: The change in fair value of the warrant liability resulted in a loss of $12,750 for the three months ended June 30, 2025, compared to a loss of $4,782 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/1846235/000121390025076739/ea0252207-10q_international.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, with a merger agreement in place with VCI Holdings Limited and Vietnam Biofuels Development Joint Stock Company. The aggregate consideration for the merger is $1,000,000,000, consisting of 90,000,000 Class A Ordinary Shares and 10,000,000 Class B Ordinary Shares.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Common Stock Purchase Agreement with White Lion Capital LLC, allowing for the purchase of up to $300,000,000 in shares, with an option to increase to $500,000,000, to support the business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846235/000121390025076739/ea0252207-10q_international.htm"></span></li></ul>

International Media Acquisition | 10-Q: FY2026 Q1 EPS: USD -0.02