Sports Ventures Acquisition Corp. (AKIC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1345 AVENUE OF THE AMERICAS NEW YORK, NY 10105 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7812 - Motion Picture and Video Tape Production (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 440 | ||||
| Cash and cash equivalents | 440 | ||||
| Deferred costs | 154 | ||||
| Other undisclosed current assets | 376 | ||||
| Total current assets: | 817 | 154 | |||
| Noncurrent Assets | |||||
| Asset, held-in-trust | 230,027 | ||||
| Other noncurrent assets | 6 | ||||
| Total noncurrent assets: | 230,033 | ||||
| TOTAL ASSETS: | 230,850 | 154 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 115 | ||||
| Accrued liabilities | 115 | ||||
| Debt | 117 | ||||
| Due to related parties | 117 | 22 | |||
| Other undisclosed current liabilities | 536 | ||||
| Total current liabilities: | 771 | 136 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 8,050 | ||||
| Deferred revenue | 8,050 | ||||
| Other undisclosed noncurrent liabilities | 4,811 | ||||
| Total noncurrent liabilities: | 12,861 | ||||
| Total liabilities: | 13,633 | 136 | |||
| Temporary equity, carrying amount | 230,000 | ||||
| Equity | |||||
| Equity, attributable to parent, including: | (12,783) | 18 | |||
| Common stock | 0 | ||||
| Additional paid in capital | 24 | ||||
| Accumulated deficit | (12,784) | (7) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | |||
| Total equity: | (12,783) | 18 | |||
| TOTAL LIABILITIES AND EQUITY: | 230,850 | 154 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|
| Revenues (Net Investment Income) | 6,467 | |||
| Gross profit: | 6,467 | |||
| Operating expenses | (1,532) | |||
| Other undisclosed operating loss | (6,467) | |||
| Operating loss: | (1,532) | |||
| Loss from continuing operations: | (1,532) | |||
| Loss before gain (loss) on sale of properties: | ✕ | (1,532) | ✕ | |
| Net loss: | (1,532) | |||
| Net loss attributable to noncontrolling interest | (4,936) | |||
| Other undisclosed net income attributable to parent | 11,403 | |||
| Net income available to common stockholders, diluted: | 4,936 | |||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|
| Net loss: | (1,532) | |||
| Comprehensive loss: | (1,532) | |||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (4,936) | |||
| Comprehensive loss, net of tax, attributable to parent: | (6,467) | |||
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.