Inflection Point Acquisition - Unit | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.04.

EBIT: As of FY2025, the actual value is USD -5.819 M.

Overview

INFLECTION POINT ACQUISITION CORP. V (f/k/a MAYWOOD ACQUISITION CORP.) is a blank check company with no operating revenues, generating non-operating income primarily from interest earned on funds held in its Trust Account.

Operational Metrics

• Net Income (Loss): For the year ended December 31, 2025, the company reported a net income of $396,872, a significant increase from the net loss of - $7,712 incurred for the period from May 31, 2024 (inception) to December 31, 2024.
• Operating Costs: Formation and operating costs were $2,717,289 for the year ended December 31, 2025, compared to $7,681 for the period from May 31, 2024, to December 31, 2024.
• Interest Income: Interest earned on marketable securities held in the Trust Account amounted to $3,089,290 for the year ended December 31, 2025. Additionally, interest income was $12,369 for the same period.
• Forgiveness of Debt: The company recorded $12,502 in forgiveness of debt for the year ended December 31, 2025, due to the termination of the Administrative Services Agreement.

Cash Flow

• Net Cash Used in Operating Activities: Net cash used in operating activities was - $701,278 for the year ended December 31, 2025, compared to $106,602 for the period from May 31, 2024 (inception) to December 31, 2024.
• Net Cash Used in Investing Activities: The company used - $86,250,000 in investing activities for the year ended December 31, 2025, primarily due to cash deposited into the Trust Account.
• Net Cash Provided by Financing Activities: Net cash provided by financing activities was $86,977,023 for the year ended December 31, 2025, and - $106,602 for the period from May 31, 2024, to December 31, 2024.

Unique Metrics

• Cash in Operating Bank Account: As of December 31, 2025, the company had $25,745 in its operating bank account.
• Working Capital Deficit: As of December 31, 2025, the company had a working capital deficit of - $2,079,709.
• Funds in Trust Account: Approximately $89,330,468.24 was held in the Trust Account as of December 31, 2025.
• Deferred Underwriting Fee: A deferred underwriting fee of $3,450,000 is payable upon the successful completion of a business combination.
• Sponsor Loan: A non-interest-bearing Sponsor Loan of $500,000 was provided by the Prior Sponsor and later assigned to the New Sponsor. On January 7, 2026, this loan was amended to $700,000 to reflect an additional $200,000 advance for working capital.

Outlook / Guidance

Management has identified a substantial doubt about the company’s ability to continue as a going concern due to its liquidity position. The company faces mandatory liquidation if a business combination is not completed by August 14, 2026. To avoid liquidation, the company intends to consummate the proposed GOWell Business Combination before this deadline.