Revenue: As of FY2026 Q1, the actual value is USD 0.EBIT: As of FY2026 Q1, the actual value is USD -363.87 K.Blue Water Acquisition Corp. IV is a blank check company with no operating revenues to date, established on August 1, 2025, focusing on a business combination in the biotechnology, healthcare, and technology industries .<h4>Operational Metrics (for the three months ended March 31, 2026)</h4><ul><li>Total Operating Expenses: $263,224, comprising $235,970 in formation, general and administrative expenses, $21,249 in legal and accounting expenses, $3,871 in administrative services fees to a related party, and $2,134 in insurance expense .</li><li>Loss from Operations: - $263,224 .</li><li>Other Income: $151,642, including $100,642 earned on cash and marketable securities held in the Trust Account and a $51,000 change in the fair value of the over-allotment option liability .</li><li>Net Loss: - $111,582 .</li></ul><h4>Cash Flow Highlights (for the three months ended March 31, 2026)</h4><ul><li>Net Cash Used in Operating Activities: - $1,289,937 .</li><li>Net Cash Used in Investing Activities: - $130,000,000, primarily due to investment in the Trust Account .</li><li>Net Cash Provided by Financing Activities: $131,289,937, mainly from proceeds from the issuance of Units and private placement units, offset by underwriting fees and promissory note payments .</li><li>Net Change in Cash: $0, with cash at the end of the period also being $0 .</li></ul><h4>Key Financial Position Metrics</h4><ul><li>Shareholders’ Deficit: - $3,683,626 as of March 31, 2026, compared to - $56,235 as of December 31, 2025 .</li><li>Working Capital: $866,374 as of March 31, 2026, improving from a deficit of - $181,480 as of December 31, 2025 .</li></ul><h4>Strategic Outlook</h4>Blue Water Acquisition Corp. IV intends to effect a business combination with one or more businesses, specifically targeting biotechnology, healthcare, and technology companies, with the target’s fair market value being at least 80% of the net balance in the Trust Account . Following its IPO, $130,000,000 of net proceeds were placed in a trust account, invested in U.S. government treasury obligations or money market funds, to facilitate this business combination . The company’s ability to continue as a going concern is in substantial doubt, which management plans to address by issuing working capital loans and consummating an initial business combination .

Blue Water Acquisition IV | 10-Q: FY2026 Q1 Revenue: USD 0