IRRX · As filed with the SEC

Integrated Rail & Resources Acquisition cash flow statement, by quarter

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.

Unaudited Consolidated 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) income	5,995,512^†	(8,206,798)^†	(3,351,335)	(6,096,381)^†
Adjustments to reconcile net (loss) income to cash used in operating activities:
Change in fair value of conversion event liability	—	—	12,656	—
Interest expense	18,675^†	54,630^†	162,092	—
Change in fair value of conversion event feature	(14,464)^†	—	—	—
Interest and income earned on cash and Trust Account investments	(6,881)^†	(22,296)^†	(34,256)	(163,646)^†
Change in fair value of warrant liabilities	(6,980,000)^†	7,607,000^†	1,881,000	3,344,000^†
Changes in Operating Assets and Liabilities:
Prepaid expenses	—	—	—	13,697^†
Excise tax interest and penalties	67,884^†	—	—	—
Accounts payable and accrued expenses	680,261^†	152,508^†	24,468	—
Accrued franchise tax	(4,200)^†	(19,683)^†	6,400	(79,000)^†
Accrued excise tax	—	—	288,390	—
Income tax payable	2,361^†	3,085^†	5,851	(1,262,855)^†
Net Cash Used in Operating Activities	(240,852)^†	(316,174)^†	(1,004,734)	(2,021,101)^†
Cash Flows from Investing Activities:
Cash withdrawn from Trust Account to pay franchise and income taxes	—	—	—	1,360,613^†
Cash deposited into Trust Account	(3)^†	(60,000)^†	(150,000)	(150,000)^†
Cash withdrawn from Trust Account for payment to redeeming stockholders	0^†	—	—	19,470,737^†
Transfer of funds held in Trust Account for payment of taxes	0^†	—	—	—
Net Cash Provided by Investing Activities	(3)^†	2,778,085^†	(150,000)	20,681,350^†
Cash Flows from Financing Activities:
Proceeds from Note Payable—Sponsor	—	—	—	0^†
Proceeds from Note Payable—related party	225,000^†	100,000^†	1,350,000	—
Repayment of promissory note - related party	0^†	0^†	(11,000)	—
Payment to redeeming stockholders	0^†	—	—	(19,470,737)^†
Net Cash Used in Financing Activities	225,000^†	(2,665,802)^†	1,339,000	(18,620,737)^†
Net Change in Cash	(15,855)^†	(203,891)^†	184,266	39,512^†
Cash – Beginning of Period	20,313	224,204	39,938	426
Cash – End of Period	4,458	20,313	224,204	39,938
Supplemental Disclosure of Noncash Investing and Financing Activities:
Remeasurement of Common Stock subject to redemption	8,723^†	71,611^†	166,346	341,690^†
Accrued excise tax on Common Stock redemptions	2^†	—	—	183,563^†
Payable to redeeming stockholders	170^†	—	—	—

† 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.