WINTERGREEN ACQUISITION CORP. COM USD0.0001(S/R) | 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.
EBIT: As of FY2026 Q1, the actual value is USD -647.02 K.
Segment Information
Wintergreen Acquisition Corp. operates as a single reportable segment and has not generated any operating revenues to date, with revenues not expected until the completion of a Business Combination .
Operational Metrics
Net Income
For the three months ended March 31, 2026, Wintergreen Acquisition Corp. reported a net income of $371,705, a significant increase compared to a net loss of - $75,157 for the same period in 2025 .
Total Operating Expenses
Total operating expenses were $137,655 for the three months ended March 31, 2026, up from $75,157 in the prior year period . This includes formation and operating costs of $107,655 in 2026, compared to $75,157 in 2025, and an administrative fee of $30,000 in 2026, with none in 2025 .
Income Before Income Taxes
Income before income taxes was $371,705 in 2026, reversing a loss of - $75,157 in 2025 .
Comprehensive Income
Comprehensive income for the period ended March 31, 2026, was $371,705, compared to a comprehensive loss of - $75,157 for the same period in 2025 .
Other Income
Total other income for the three months ended March 31, 2026, was $509,360, which includes $5,890 in interest income and $503,470 from marketable securities held in the Trust Account . No other income was reported for the three months ended March 31, 2025 .
Cash Flow
Net Cash Used in Operating Activities
Net cash used in operating activities was - $145,562 for the three months ended March 31, 2026, compared to - $75,157 for the same period in 2025 .
Cash Flows from Investing Activities
Cash flows from investing activities were $0 for both periods, reflecting a purchase and maturity of time deposits totaling $5,000,000 in 2026 .
Net Cash Used in Financing Activities
Net cash used in financing activities was $0 in 2026, an improvement from - $104,125 in 2025 due to payment of offering costs .
Net Change in Cash
The net change in cash was - $145,562 in 2026, compared to - $179,282 in 2025 .
Cash at End of Period
Cash at the end of the period on March 31, 2026, was $1,179,430, down from $1,324,992 at December 31, 2025 .
Unique Metrics
Accretion of ordinary share subject to redemption value was $2,033,969 for the three months ended March 31, 2026 .
Future Outlook and Strategy
Wintergreen Acquisition Corp. intends to complete an Initial Business Combination before the mandatory liquidation date of May 30, 2027 . The company is actively pursuing its acquisition plans, having entered into a Merger Agreement with KIKA Technology Inc. on November 17, 2025, to form KIKA Inc. . The consummation of this proposed business combination is subject to customary closing conditions, including shareholder approvals and retaining at least $5,000,001 of net tangible assets .
