TAVIA ACQUISITION CORP COM USD0.0001 (SUBS/RIGHTS) | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD 0.05.

EBIT: As of FY2026 Q1, the actual value is USD -1.302 M.

Tavia Acquisition Corp. operates as a single reportable segment, with its Chief Executive Officer evaluating the company’s assets, operating results, and financial metrics as a whole .

Operational Metrics

• Net Income: For the three months ended March 31, 2026, net income was $821,709, a decrease from $974,311 for the same period in 2025 .
• Loss from Operations: The company reported a loss from operations of -$240,076 for the three months ended March 31, 2026, a slight decrease from -$241,391 for the three months ended March 31, 2025 .
• General and Administrative Costs: These costs amounted to $240,076 for the three months ended March 31, 2026, slightly down from $241,391 for the same period in 2025 .
• Interest Earned on Marketable Securities Held in Trust Account: This non-operating income was $1,061,785 for the three months ended March 31, 2026, a decrease from $1,215,702 in the prior year period .

Financial Position Metrics

• Cash and Cash Equivalents: As of March 31, 2026, cash and cash equivalents stood at $344,032, an increase from $229,625 as of December 31, 2025 .
• Marketable Securities Held in Trust Account: These securities increased to $121,816,078 as of March 31, 2026, from $120,754,293 as of December 31, 2025 .
• Total Assets: Total assets were $122,303,242 as of March 31, 2026, compared to $121,115,768 as of December 31, 2025 .
• Total Liabilities: Total liabilities increased to $1,780,605 as of March 31, 2026, from $1,414,840 as of December 31, 2025 .
• Accumulated Deficit: The accumulated deficit grew to -$1,293,883 as of March 31, 2026, from -$1,053,807 as of December 31, 2025 .
• Total Shareholders’ Deficit: Total shareholders’ deficit was -$1,293,441 as of March 31, 2026, compared to -$1,053,365 as of December 31, 2025 .
• Promissory Notes – Related Parties: Outstanding promissory notes from related parties totaled $800,000 as of March 31, 2026, up from $500,000 as of December 31, 2025 .
• Advances from Related Party: These advances remained constant at $131,684 as of March 31, 2026, and December 31, 2025 .

Cash Flow Activities

• Net Cash Used in Operating Activities: The company used -$110,593 in operating activities for the three months ended March 31, 2026, a decrease from -$248,029 used in the prior year period .
• Net Cash Provided by (Used in) Financing Activities: Financing activities provided $225,000 in cash for the three months ended March 31, 2026, a significant change from -$10,000 used in the prior year period .
• Net Change in Cash and Cash Equivalents: Cash and cash equivalents increased by $114,407 for the three months ended March 31, 2026, compared to a decrease of -$258,029 in the prior year period .

Future Outlook and Strategy

Tavia Acquisition Corp. is a blank check company focused on completing a business combination, targeting businesses in North America and Europe within energy transition, the circular economy, and food technologies . The company has until June 5, 2026, to finalize a business combination but is seeking an extension until March 5, 2027 . Management believes additional funds are necessary for operations and potential business combination costs, indicating that current liquidity raises substantial doubt about the company’s ability to continue as a going concern if a business combination is not completed within the mandatory timeframe .