26 Capital Acquisition Corp. (ADER) Financial Statements (2024 and earlier)

Company Profile

Business Address 700 BRICKELL AVENUE SUITE 1550
MIAMI, FL 33131
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) ($ in thousands)

6/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7711,508
Cash and cash equivalents7711,508
Prepaid expense34261
Total current assets:8051,769
Noncurrent Assets
Asset, held-in-trust34,707275,016
Total noncurrent assets:34,707275,016
TOTAL ASSETS:35,512276,786
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,5431,880
Accrued liabilities707 
Other undisclosed accounts payable and accrued liabilities2,8371,880
Deferred revenue 162 
Debt1,409 
Due to related parties  0
Other undisclosed current liabilities7071,500
Total current liabilities:5,8213,381
Noncurrent Liabilities
Liabilities, other than long-term debt9,6259,625
Deferred revenue9,6259,625
Other undisclosed noncurrent liabilities6,07014,177
Total noncurrent liabilities:15,69523,802
Total liabilities:21,51527,183
Temporary equity, carrying amount34,688275,000
Equity
Equity, attributable to parent, including:(20,691)(25,397)
Accumulated deficit(20,692)(25,398)
Other undisclosed equity, attributable to parent11
Total equity:(20,691)(25,397)
TOTAL LIABILITIES AND EQUITY:35,512276,786

Income Statement (P&L) ($ in thousands)

6/30/2023
TTM
12/31/2022
12/31/2021
Revenues8,108 
Gain on disposition of assets for financial service operations8,108 
Net investment income  
Gross profit:8,108 
Operating expenses(3,837)(3,139)
Other undisclosed operating loss(8,108) 
Operating loss:(3,837)(3,139)
Nonoperating income11,96410,292
Investment income, nonoperating3,76616
Income (loss) from continuing operations before income taxes:8,1277,153
Income tax expense(869)(469)
Income (loss) from continuing operations:7,2596,684
Income (loss) before gain (loss) on sale of properties:13,837
Income from discontinued operations  7,153
Other undisclosed net loss  (6,684)
Net income (loss) attributable to parent:7,2597,153
Preferred stock dividends and other adjustments(242,865)(5,000)
Other undisclosed net loss available to common stockholders, basic  
Net income (loss) available to common stockholders, diluted:(235,606)2,153

Comprehensive Income ($ in thousands)

6/30/2023
TTM
12/31/2022
12/31/2021
Net income (loss):7,2597,153
Comprehensive income (loss), net of tax, attributable to parent:7,2597,153

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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