AF Acquisition Corp. (AFAQ) Financial Statements (2024 and earlier)

Company Profile

Business Address 139 NORTH COUNTY ROAD
PALM BEACH, FL 33480
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)

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 781
Cash and cash equivalents 781
Prepaid expense 210
Total current assets: 991
Noncurrent Assets
Prepaid expense 44
Asset, held-in-trust 224,039
Total noncurrent assets: 224,084
TOTAL ASSETS: 225,075
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 26
Other undisclosed accounts payable and accrued liabilities 26
Other undisclosed current liabilities 200
Total current liabilities: 226
Noncurrent Liabilities
Liabilities, other than long-term debt 7,052
Derivative instruments and hedges, liabilities 7,052
Other undisclosed noncurrent liabilities 7,840
Total noncurrent liabilities: 14,892
Total liabilities: 15,118
Equity
Equity, attributable to parent, including: (14,043)
Accumulated deficit (14,044)
Other undisclosed equity, attributable to parent 1
Other undisclosed equity 224,000
Total equity: 209,957
TOTAL LIABILITIES AND EQUITY: 225,075

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

9/30/2022
TTM
12/31/2021
Revenues
(Net Investment Income)
 4
Gross profit: 4
Operating expenses (645)
Other undisclosed operating loss (198)
Operating loss: (839)
Nonoperating income
(Investment Income, Nonoperating)
 35
Loss from continuing operations before income taxes: (803)
Income tax expense (35)
Loss from continuing operations: (838)
Loss before gain (loss) on sale of properties:(838)
Other undisclosed net income 10,603
Net income available to common stockholders, diluted: 9,765

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
Net income: 9,765
Comprehensive income, net of tax, attributable to parent: 9,765

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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