EPS: As of FY2025 Q2, the actual value is USD -1.39.EBIT: As of FY2025 Q2, the actual value is USD -8.204 M.<h3>Operational Metrics</h3><ul><li>Net Loss: For the three months ended June 30, 2025, the company reported a net loss of - $8,206,798, compared to a net loss of - $1,040,084 for the same period in 2024. For the six months ended June 30, 2025, the net loss was - $11,558,133, compared to a net income of $1,252,442 for the same period in 2024.</li><li>Operating Expenses: Operating expenses for the three months ended June 30, 2025, were $449,001, compared to $213,679 for the same period in 2024. For the six months ended June 30, 2025, operating expenses were $1,484,603, compared to $485,807 for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the six months ended June 30, 2025, net cash used in operating activities was - $1,320,908, compared to - $433,026 for the same period in 2024.</li><li>Net Cash Provided by Investing Activities: For the six months ended June 30, 2025, net cash provided by investing activities was $2,628,085, compared to $50,005,713 for the same period in 2024.</li><li>Net Cash Used in Financing Activities: For the six months ended June 30, 2025, net cash used in financing activities was - $1,326,802, compared to - $49,571,750 for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focused on completing a business combination by September 15, 2025, as it has extended the deadline multiple times and deposited an aggregate of $8,053,225 into the Trust Account to facilitate this.</li><li>Non-Core Business: The company has entered into a Crude Oil Supply, Offtake, and Processing Agreement with Shell Trading (US) Company, which will be the exclusive supplier and purchaser for the company’s Vernal, Utah facility, for an initial term of seven years.</li></ul>

Integrated Rail and Resources Acquisition | 10-Q: FY2025 Q2 EPS: USD -1.39