AQUC · As filed with the SEC
Aquaron Acquisition cash flow statement, by fiscal year
The statement as Aquaron Acquisition presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Statements of Cash Flows · USD
| USD | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net (loss) income | (357,114) | 997,917 | 164,068 |
| Interest earned on investment held in Trust Account | — | — | (259,976) |
| Unrealized gain on investments held in Trust Account | — | — | (176,876) |
| Adjustments to reconcile net cash used in operating activities: | |||
| Interest earned on investment held in Trust Account | — | (1,980,430) | — |
| Interest earned on investment held in Trust Account | (860,705) | — | — |
| Unrealized gain on investments held in Trust Account | (34,644) | (141,556) | — |
| Deferred income tax provision (benefit) | 144,680 | (144,680) | — |
| Other payable-related party | 268,367 | — | — |
| Other payable - Huture | 120,903 | — | — |
| Prepaid expenses | 2,188 | 220,158 | (222,346) |
| Accounts payable and accrued expenses | 300,617 | 8,970 | 140,075 |
| Franchise tax payable | — | 5,409 | 13,086 |
| Income tax payable | — | 381,040 | 51,753 |
| Franchise tax payable | 4,705 | — | — |
| Income tax payable | (577,577) | — | — |
| Net cash used in operating activities | (988,580) | (653,172) | (290,216) |
| Purchase of investment held in Trust Account | — | — | (54,984,377) |
| Cash Flows from investing activities: | |||
| Cash withdrawn from Trust Account to public stockholder redemption | — | 25,943,773 | — |
| Cash withdrawn from Trust Account to public stockholder redemption | 23,176,909 | — | — |
| Cash deposited into Trust Account | (370,000) | (490,000) | — |
| Cash withdrawn from Trust Account to pay taxes | — | 129,175 | — |
| Cash withdrawn from Trust Account to pay taxes | 793,123 | — | — |
| Net cash provided by investing activities | 23,600,032 | 25,582,948 | (54,984,377) |
| Cash Flows from financing activities: | |||
| Proceeds from sale of public units through public offering | — | — | 54,171,800 |
| Proceeds from sale of private placement units | — | — | 2,687,654 |
| Proceeds from sale of unit purchase option | — | — | 100 |
| Proceeds from promissory note- related party | — | — | 100,000 |
| Proceeds from promissory note- related party | 202,948 | 370,000 | — |
| Proceeds from related party | — | 97,052 | — |
| Proceeds from related party | — | — | 99,546 |
| Proceeds from promissory note- Bestpath | 270,000 | 490,000 | — |
| Proceeds from promissory note- Huture | 100,000 | — | — |
| Payment of public stockholders’ redemption | (23,176,909) | (25,943,773) | — |
| Payment of underwriters’ commissions | — | — | (812,577) |
| Payment of deferred offering costs | — | — | (631,506) |
| Repayment of promissory note to related party | — | — | (300,000) |
| Net cash used in financing activities | (22,603,961) | (24,986,721) | 55,315,017 |
| Net change in cash | — | — | 40,424 |
| Net change in cash | 7,491 | (56,945) | — |
| Cash, beginning of the period | 339 | 57,284 | 16,860 |
| Cash, end of the period | 7,830 | 339 | 57,284 |
| Supplemental Disclosure of Non-cash Financing Activities: | |||
| Initial classification of common stock subject to redemption | — | — | 44,011,103 |
| Allocation of offering costs to common stock subject to redemption | — | — | 3,714,253 |
| Deferred underwriting commissions | — | — | 2,525,896 |
| Accretion of common stock to redemption value | — | — | 3,560,360 |
| Accretion of common stock to redemption value | — | 10,332,579 | — |
| Excise tax payable charged against retained earnings | — | 259,438 | — |
| Accretion of common stock to redemption value | 472,226 | — | — |
| Excise tax payable charged against accumulated deficit | 287,439 | — | — |
| Income tax paid | 780,483 | 105,660 | — |
| Promissory notes issued for the tax paid by Sponsor | — | 79,780 | — |
| Other payable due to related party converted to promissory note | — | 99,846 | — |
| Other payable due to related party converted to promissory note | 97,052 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
