Altitude Acquisition Corp. (ALTU) Financial Statements (2024 and earlier)

Company Profile

Business Address 1240 WEST WESLEY ROAD
ATLANTA, GA 30327
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3842 - Orthopedic, Prosthetic, and Surgical Appliances and Supplies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments81,12131,46776024,338164,25122,971
Cash and cash equivalents81,12131,46776024,338164,25122,971
Prepaid expense35,00054,13181527,06599,038145,233
Total current assets:116,12185,5981,57551,403263,289168,204
Noncurrent Assets
Asset, held-in-trust13,612,50416,851,59616,975,79650,865,08950,642,618300,034,396
Total noncurrent assets:13,612,50416,851,59616,975,79650,865,08950,642,618300,034,396
TOTAL ASSETS:13,728,62516,937,19416,977,37150,916,49250,905,907300,202,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,274,5361,021,603549,332417,092340,726150,862
Taxes payable22,8038,780
Accounts payable1,198,055983,423511,152371,486323,166150,862
Accrued liabilities76,48138,18038,18022,8038,780 
Due to related parties242,0891,100,5121,070,512602,089
Other undisclosed current liabilities1,039,0441,004,044802,644(22,803)(8,780) 
Total current liabilities:2,313,5802,025,6471,594,0651,494,8011,402,458752,951
Noncurrent Liabilities
Liabilities, other than long-term debt10,500,00010,500,00010,500,00010,500,00010,500,00010,500,000
Deferred compensation liability, classified10,500,00010,500,00010,500,00010,500,00010,500,00010,500,000
Other undisclosed noncurrent liabilities9,069,2957,470,9936,736,1066,818,3978,058,7928,155,233
Total noncurrent liabilities:19,569,29517,970,99317,236,10617,318,39718,558,79218,655,233
Total liabilities:21,882,87519,996,64018,830,17118,813,19819,961,25019,408,184
Temporary equity, carrying amount13,346,53116,721,02016,721,02050,550,51050,550,510300,000,000
Equity
Equity, attributable to parent, including:(21,500,781)(19,780,466)(18,573,820)(18,447,216)(19,605,853)(19,205,584)
Additional paid in capital432,106493,955251,866   
Accumulated deficit(21,933,637)(20,275,171)(18,826,436)(18,447,966)(19,606,603)(19,206,334)
Other undisclosed equity, attributable to parent750750750750750750
Total equity:(21,500,781)(19,780,466)(18,573,820)(18,447,216)(19,605,853)(19,205,584)
TOTAL LIABILITIES AND EQUITY:13,728,62516,937,19416,977,37150,916,49250,905,907300,202,600

Income Statement (P&L) (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Operating expenses      
Other undisclosed operating loss (1,799,105)(1,619,190)(453,985)(439,362)(1,518,182)(928,218)
Operating loss:(1,799,105)(1,619,190)(453,985)(439,362)(1,518,182)(928,218)
Nonoperating income178,940170,455271,0901,612,0221,292,0509,545,409
Other nonoperating income277,246 120,395222,471304,2697,600
Income (loss) from continuing operations before income taxes:(1,620,165)(1,448,735)(182,895)1,172,660(226,132)8,617,191
Income tax expense(38,301) (15,377)(14,023)(8,780) 
Income (loss) from continuing operations:(1,658,466)(1,448,735)(198,272)1,158,637(234,912)8,617,191
Income (loss) before gain (loss) on sale of properties:1,158,637(234,912)8,617,191
Net income (loss) available to common stockholders, diluted:(1,658,466)(1,448,735)(198,272)1,158,637(234,912)8,617,191

Comprehensive Income (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(1,658,466)(1,448,735)(198,272)1,158,637(234,912)8,617,191
Comprehensive income (loss), net of tax, attributable to parent:(1,658,466)(1,448,735)(198,272)1,158,637(234,912)8,617,191

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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