Meshflow Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 0.
EPS: As of FY2026 Q1, the actual value is USD 0.06.
EBIT: As of FY2026 Q1, the actual value is USD -3.314 M.
Meshflow Acquisition Corp. reported no operating revenues to date, as it is a blank check company that does not expect to generate revenue until after completing a Business Combination .
Operational Metrics
- Net Income: For the three months ended March 31, 2026, Meshflow Acquisition Corp. reported a net income of $2,792,569 .
- Operating Costs: Operating costs for the three months ended March 31, 2026, were $260,748 .
- Interest Income: The company generated $3,053,317 in interest earned on marketable securities held in the Trust Account for the three months ended March 31, 2026 .
Cash Flow
- Cash Used in Operating Activities: For the three months ended March 31, 2026, cash used in operating activities was - $247,665 .
Key Financial Position Data (as of March 31, 2026)
- Cash: Meshflow Acquisition Corp. had $912,829 in cash .
- Cash and Marketable Securities in Trust Account: The company held $348,754,061 in cash and marketable securities in its Trust Account .
- Working Capital: The company had a working capital surplus of $899,475 .
Future Outlook and Strategy
Meshflow Acquisition Corp. aims to complete a Business Combination by targeting companies at the infrastructure layer of the blockchain and digital asset ecosystem, utilizing funds in the Trust Account for this purpose . Funds outside the Trust Account are allocated for identifying and evaluating target businesses, conducting due diligence, and structuring the Business Combination . The company does not anticipate needing to raise additional funds for operating expenses, though it may seek financing for a Business Combination or in case of significant public share redemptions .
