AQUC · As filed with the SEC

Aquaron Acquisition cash flow statement, by quarter

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.

Unaudited Condensed Statements of Cash Flows · USD

USD	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024
Cash Flows from operating activities:
Net loss	(81,473)^†	(157,122)^†	(383,100)	(253,643)^†
Adjustments to reconcile net cash used in operating activities:
Interest earned on investment held in Trust Account	(13,846)^†	(81,344)^†	(63,679)	(108,589)^†
Unrealized gain on investments held in Trust Account	4^†	28,935^†	(33,391)	2,789^†
Deferred income tax expenses	—	16,892^†	9,787	0^†
Other payable-related party	—	—	—	129,702^†
Changes in operating assets and liabilities:
Prepaid expenses	—	—	—	20,250^†
Accounts payable and accrued expenses	(69,449)^†	31,911^†	405,576	65,695^†
Other payable – Huture	162,592^†	152,143^†	51,367	100,903^†
Other payable – related party	(1)^†	—	—	—
Franchise tax payable	(2,300)^†	(5,500)^†	(11,889)	900^†
Income tax payable	—	—	—	(79,828)^†
Net cash used in operating activities	(3,201)^†	(6,572)^†	(25,329)	(121,821)^†
Cash Flows from investing activities:
Cash withdrawn from Trust Account to public stockholder redemption	—	—	—	0^†
Cash deposited into Trust Account	—	—	—	(40,000)^†
Cash deposited into Trust Account	(48,594)^†	(52,396)^†	(60,000)	—
Cash withdrawn from Trust Account to pay taxes	1^†	12,799^†	17,789	1^†
Cash withdrawn from Trust Account to public stockholder redemption	0^†	—	—	—
Net cash provided by investing activities	(48,593)^†	8,137,188^†	(42,211)	(39,999)^†
Cash Flows from financing activities:
Proceeds from promissory note – related party	—	—	—	0^†
Proceeds from promissory note – Huture	48,594^†	52,396^†	60,000	60,000^†
Payment of public stockholders’ redemption	—	—	—	0^†
Proceeds from promissory note – Bestpath	—	—	—	0^†
Payment of public stockholder redemption	0^†	—	—	—
Net cash used in financing activities	48,594^†	(8,124,389)^†	60,000	60,000^†
Net change in cash	(3,200)^†	6,227^†	(7,540)	(101,820)^†
Cash, beginning of the period	6,517	290	7,830	109,650
Cash, end of the period	3,317	6,517	290	7,830
Supplemental Disclosure of Non-cash Financing Activities
Accretion of common stock to redemption value	62,436^†	92,006^†	139,281	145,770^†
Excise tax payable charged against accumulated deficit	—	—	—	55,670^†
Excise tax payable charged against accumulated deficit	25,792^†	—	—	—
Other payable due to related party converted to promissory note	—	—	83,507	—
Promissory Notes issued for the tax paid by Sponsor	—	—	—	0^†

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.