Abri SPAC I, Inc. (ASPA) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
9663 SANTA MONICA BLVD NO 1091 BEVERLY HILLS, CA 90210 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 381 | 155 | ||
| Cash and cash equivalents | 381 | 155 | ||
| Prepaid expense | 252 | 322 | ||
| Total current assets: | 634 | 477 | ||
| Noncurrent Assets | ||||
| Long-term investments and receivables | 12,841 | |||
| Long-term investments | 12,841 | |||
| Asset, held-in-trust | 57,340 | |||
| Total noncurrent assets: | 12,841 | 57,340 | ||
| TOTAL ASSETS: | 13,475 | 57,817 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 442 | 688 | ||
| Accounts payable | 688 | |||
| Accrued liabilities | 2,113 | |||
| Other undisclosed accounts payable and accrued liabilities | (1,671) | |||
| Other undisclosed current liabilities | 2,113 | 171 | ||
| Total current liabilities: | 2,555 | 858 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 1,250 | |||
| Long-term debt, excluding current maturities | 1,250 | |||
| Liabilities, other than long-term debt | 2,664 | 1,500 | ||
| Deferred revenue | 1,500 | |||
| Deferred compensation liability, classified | 1,500 | |||
| Due to related parties | 1,147 | |||
| Derivative instruments and hedges, liabilities | 18 | |||
| Total noncurrent liabilities: | 3,914 | 1,500 | ||
| Total liabilities: | 6,469 | 2,358 | ||
| Equity | ||||
| Equity, attributable to parent | (5,836) | 3,135 | ||
| Common stock | 0 | 0 | ||
| Additional paid in capital | 4,262 | |||
| Accumulated deficit | (5,836) | (1,128) | ||
| Other undisclosed equity | 12,841 | 52,323 | ||
| Total equity: | 7,006 | 55,458 | ||
| TOTAL LIABILITIES AND EQUITY: | 13,475 | 57,817 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Revenues (Net Investment Income) | 988 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (120) | ||
| Gross profit: | 868 | ||
| Operating expenses | (3,369) | ||
| Other undisclosed operating loss | (868) | ||
| Operating loss: | (3,369) | ||
| Loss from continuing operations before equity method investments, income taxes: | (3,369) | ||
| Other undisclosed income from continuing operations before income taxes | 988 | ||
| Loss from continuing operations before income taxes: | (2,381) | ||
| Income tax expense | (119) | ||
| Net loss attributable to parent: | (2,500) | ||
| Preferred stock dividends and other adjustments | 3,547 | ||
| Net income (loss) available to common stockholders, diluted: | (2,500) | 3,547 | |
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Net loss: | (2,500) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,500) | ||
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.