AIB Acquisition Corporation (AIB) Financial Statements (2024 and earlier)

Company Profile

Business Address 875 3RD AVENUE, SUITE M204A
NEW YORK, NY 10022
State of Incorp.
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)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1154445
Cash and cash equivalents1154445
Prepaid expense3868 
Total current assets:15311245
Noncurrent Assets
Asset, held-in-trust11,31588,526 
Other undisclosed noncurrent assets   277
Total noncurrent assets:11,31588,526277
TOTAL ASSETS:11,46888,638322
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:654 48
Accounts payable   17
Accrued liabilities   31
Other undisclosed accounts payable and accrued liabilities654  
Due to related parties41 
Other undisclosed current liabilities1,592130273
Total current liabilities:2,245172320
Noncurrent Liabilities
Liabilities, other than long-term debt 3,0193,019 
Deferred revenue 3,0193,019 
Other undisclosed noncurrent liabilities   
Total noncurrent liabilities:3,0193,019 
Total liabilities:5,2643,191320
Temporary equity, carrying amount11,31588,526 
Equity
Equity, attributable to parent, including:(5,111)(3,079)2
Common stock  0 
Additional paid in capital   25
Accumulated other comprehensive loss  (3,079)(23)
Accumulated deficit(5,111)  
Other undisclosed equity, attributable to parent000
Total equity:(5,111)(3,079)2
TOTAL LIABILITIES AND EQUITY:11,46888,638322

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues6991,413 
Net investment income699  
Other income 1,413 
Cost of revenue
(Cost of Goods and Services Sold)
   
Other undisclosed gross profit  84,837 
Gross profit:69986,250 
Operating expenses(1,432)(825) 
Other undisclosed operating loss(699)(86,250) 
Operating loss:(1,432)(825) 
Nonoperating income69930 
Investment income, nonoperating69930 
Net loss:(733)(795) 
Other undisclosed net income attributable to parent 1,383 
Net income (loss) attributable to parent:(733)588 
Preferred stock dividends and other adjustments(1,299)  
Net income (loss) available to common stockholders, diluted:(2,032)588 

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net loss:(733)(795) 
Comprehensive loss, net of tax, attributable to parent:(733)(795) 

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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