EPS: As of FY2025 Q2, the actual value is USD -0.7.

Segment Revenue

• Revenue from Trust Account: $133,883 for the three months ended June 30, 2025, and $663,042 for the three months ended June 30, 2024. For the six months ended June 30, 2025, revenue was $599,907, compared to $1,527,236 for the six months ended June 30, 2024.

Operational Metrics

• Net Income (Loss): Net loss of - $4,987,572 for the three months ended June 30, 2025, compared to net income of $11,307 for the three months ended June 30, 2024. For the six months ended June 30, 2025, net loss was - $5,025,861, compared to net income of $302,340 for the six months ended June 30, 2024.
• General and Administrative Expenses: $341,960 for the three months ended June 30, 2025, compared to $428,334 for the three months ended June 30, 2024. For the six months ended June 30, 2025, expenses were $478,193, compared to $651,628 for the six months ended June 30, 2024.
• Change in Fair Value of Derivative Liabilities: - $4,779,495 for the three months ended June 30, 2025, compared to - $817,066 for the three months ended June 30, 2024. For the six months ended June 30, 2025, the change was - $5,232,409, compared to - $1,122,044 for the six months ended June 30, 2024.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities was - $247,500 for the six months ended June 30, 2025, compared to - $927,960 for the six months ended June 30, 2024.
• Investing Cash Flow: Net cash provided by investing activities was $38,859,911 for the six months ended June 30, 2025, compared to $24,580,459 for the six months ended June 30, 2024.
• Financing Cash Flow: Net cash used in financing activities was - $38,408,394 for the six months ended June 30, 2025, compared to - $23,652,024 for the six months ended June 30, 2024.

Unique Metrics

• Forgiveness of Debt: $84,834 for the six months ended June 30, 2025, compared to $608,776 for the six months ended June 30, 2024.

Future Outlook and Strategy

• Core Business Focus: The company is focused on completing its initial business combination with StablecoinX Assets Inc. by August 16, 2025. The management is actively working on extending the period for completing the business combination and securing additional funding as needed.
• Non-Core Business: The company has terminated its previous merger agreement with Verde Bioresins Inc. and is now focused on the new business combination with StablecoinX Assets Inc.
• Priority: The company aims to complete the business combination within the extended period and ensure sufficient liquidity to support operations until the merger is finalized.