Ackrell SPAC Partners I Co. (ACKIT) Financial Statements (2025 and earlier)

Company Profile

Business Address 2093 PHILADELPHIA PIKE #1968
CLAYMONT, DE 19703
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2022
MRQ
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 86,792677,130
Cash and cash equivalent 86,792677,130
Prepaid expense 72,172226,723
Total current assets: 158,964903,853
Noncurrent Assets
Long-term investments and receivables 140,822,578139,383,247
Long-term investments 140,822,578139,383,247
Total noncurrent assets: 140,822,578139,383,247
TOTAL ASSETS: 140,981,542140,287,100
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 793,237292,965
Taxes payable 195,6957,225
Other undisclosed accounts payable and accrued liabilities 597,542285,740
Due to related parties 123,5483,548
Other undisclosed current liabilities 1,575,6957,225
Total current liabilities: 2,492,480303,738
Noncurrent Liabilities
Liabilities, other than long-term debt  580,860
Derivative instruments and hedges, liabilities  580,860
Other undisclosed noncurrent liabilities 284,770 
Total noncurrent liabilities: 284,770580,860
Total liabilities: 2,777,250884,598
Equity
Equity, attributable to parent (2,618,286)19,255
Common stock 437437
Additional paid in capital  144,300
Accumulated deficit (2,618,723)(125,482)
Total equity: (2,618,286)19,255
Other undisclosed liabilities and equity 140,822,578139,383,247
TOTAL LIABILITIES AND EQUITY: 140,981,542140,287,100

Income Statement (P&L) (USD)

6/30/2022
TTM
12/31/2021
12/31/2020
Operating expenses (1,553,631)(118,791)
Operating loss: (1,553,631)(118,791)
Nonoperating income (expense) 355,421(2,937)
Investment income, nonoperating 59,3313,247
Loss from continuing operations before income taxes: (1,198,210)(121,728)
Income tax expense (159,051)(24,264)
Loss from continuing operations: (1,357,261)(145,992)
Loss before gain (loss) on sale of properties:(1,357,261)(145,992)
Other undisclosed net income 2,555,47124,265
Net income (loss): 1,198,210(121,727)
Net income attributable to noncontrolling interest 1,198,210 
Other undisclosed net loss attributable to parent (3,594,630)(1)
Net loss attributable to parent: (1,198,210)(121,728)
Other undisclosed net loss available to common stockholders, basic  (19,565,052)
Net loss available to common stockholders, diluted: (1,198,210)(19,686,780)

Comprehensive Income (USD)

6/30/2022
TTM
12/31/2021
12/31/2020
Net income (loss): 1,198,210(121,727)
Comprehensive income (loss): 1,198,210(121,727)
Comprehensive income, net of tax, attributable to noncontrolling interest 1,198,210 
Comprehensive income (loss), net of tax, attributable to parent: 2,396,420(121,727)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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