IRRX · As filed with the SEC
Integrated Rail & Resources Acquisition balance sheet, by fiscal year
The statement as Integrated Rail & Resources 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.
Consolidated Balance Sheets · USD
| USD | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 |
|---|---|---|---|---|
| Current Assets: | ||||
| Cash | 39,938 | 189 | 54,173 | 1,004,278 |
| Prepaid expenses and other assets | — | 33,590 | 433,578 | 409,084 |
| Total Current Assets | 39,938 | 33,779 | 487,751 | 1,413,362 |
| Investments held in Trust Account | 3,237,676 | 72,731,536 | 237,537,270 | 232,302,620 |
| Prepaid Expenses, Non-Current | — | — | — | 357,949 |
| Total Assets | 3,277,614 | 72,765,315 | 238,025,021 | 234,073,931 |
| Current Liabilities | ||||
| Accounts Payable | — | 0 | 84,488 | 20,000 |
| Accrued Expenses | — | 700,664 | 597,250 | 60,500 |
| Accrued Offering Costs | — | — | — | 36,352 |
| Accounts payable and accrued expenses | 2,594,035 | — | — | — |
| Accrued franchise tax | 23,571 | 80,000 | 70,685 | 161,694 |
| Accrued excise tax | 2,649,197 | 1,741,420 | — | — |
| Income taxes payable | — | 1,177,040 | 341,854 | — |
| Due to Related Party | — | — | — | 12,494 |
| Advances from Related Parties | — | 100,770 | — | — |
| Income taxes payable | 278,518 | — | — | — |
| Related Party | 100,770 | 600,000 | — | — |
| Working Capital Loan—Related Party | — | 17,935 | — | — |
| Sponsor | 5,393,225 | 4,853,225 | — | — |
| Related Party | 390,710 | — | — | — |
| Sponsor | 5,393,225 | — | — | — |
| Convertible promissory note, net of debt discount | 1,255,062 | — | — | — |
| Conversion event liability | 684,887 | — | — | — |
| Related Party | 17,935 | — | — | — |
| Total Current Liabilities | 13,387,910 | 9,271,054 | 1,094,277 | 291,040 |
| Deferred Income Taxes | — | 0 | 260,225 | — |
| Warrant Liabilities | — | 2,090,000 | 2,926,000 | 11,922,400 |
| Sponsor | 120,000 | — | — | — |
| Warrant liabilities | 4,180,000 | — | — | — |
| Deferred underwriting fee payable | 8,050,000 | 8,050,000 | 8,050,000 | 8,050,000 |
| Total Liabilities | 25,617,910 | 19,411,054 | 12,330,502 | 20,263,440 |
| Class A Common Stock subject to possible redemption. 249,659 and 6,489,246 shares are at redemption value of approximately $12.61 and $11.01 per share at December 31, 2024 and 2023, respectively. | 3,148,662 | 71,474,496 | 237,124,704 | 232,300,000 |
| Common Class A | — | 71,474,496 | 237,124,704 | 232,300,000 |
| Stockholders’ Deficit: | ||||
| Preferred Stock, $0.0001 par value; 1,000,000 shares authorized, no shares issued or outstanding | — | 0 | 0 | 0 |
| Class A | 575 | 0 | 0 | 0 |
| Class B | — | 575 | 575 | 575 |
| Accumulated deficit | (25,489,533) | (18,120,810) | (11,430,760) | (18,490,084) |
| Total Stockholders’ Deficit | (25,488,958) | (18,120,235) | (11,430,185) | (18,489,509) |
| Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Deficit | 3,277,614 | 72,765,315 | 238,025,021 | 234,073,931 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.