Altair International Corp. (ATAO) Financial Statements (2025 and earlier)

Company Profile

Business Address 2006 PALOMAR AIRPORT ROAD
CARLSBAD, CA 92011
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2025
MRQ
12/31/2024
MRQ
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0429211220
Cash and cash equivalent0429211220
Receivables      
Prepaid expense  7827010 
Deposits current assets      2
Other undisclosed current assets      
Total current assets:011372911322
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization      
Operating lease, right-of-use asset      
Property, plant and equipment      
Other undisclosed noncurrent assets    100 
Total noncurrent assets:    100 
TOTAL ASSETS:011372912322
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities251333137811
Interest and dividends payable983
Employee-related liabilities4  
Accounts payable 4 4 708
Accrued liabilities 211329   
Other undisclosed accounts payable and accrued liabilities      
Debt1561806210566 
Derivative instruments and hedges, liabilities   88158143 
Due to related parties   30
Other undisclosed current liabilities80    14
Total current liabilities:26119318327528756
Noncurrent Liabilities
Long-term debt and lease obligation      
Long-term debt, excluding current maturities      
Finance lease, liability      
Liabilities, other than long-term debt      
Operating lease, liability      
Other undisclosed noncurrent liabilities    325 
Total noncurrent liabilities:    325 
Total liabilities:26119318327561256
Equity
Equity, attributable to parent, including:(261)(183)(146)15(380)(54)
Common stock333025594550497
Common stock, value, subscriptions     522 
Additional paid in capital17,33517,24416,94614,78711,444351
Accumulated deficit(17,629)(17,515)(17,117)(15,366)(12,896)(901)
Other undisclosed equity, attributable to parent  59    
Total equity:(261)(183)(146)15(380)(54)
TOTAL LIABILITIES AND EQUITY:011372912322

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

6/30/2025
TTM
12/31/2024
TTM
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Revenues
(Other undisclosed Revenues)
      
Cost of revenue
(Other undisclosed Cost of revenue)
      
Gross profit:      
Operating expenses168(181)(458)(2,032)(11,110)(3)
Operating income (loss):168(181)(458)(2,032)(11,110)(3)
Nonoperating expense(16)(218)(1,293)(439)  
Other nonoperating income (expense)(16)(218)(1,293)(439)  
Interest and debt expense20(125)6(6)(212)(2)
Income (loss) from continuing operations:172(524)(1,744)(2,476)(11,322)(5)
Loss before gain (loss) on sale of properties:(2,476)(11,322)(5)
Net income (loss):172(524)(1,744)(2,476)(11,322)(5)
Other undisclosed net income (loss) attributable to parent(20)125(6)6(673) 
Net income (loss) available to common stockholders, diluted:152(399)(1,750)(2,471)(11,995)(5)

Comprehensive Income ($ in thousands)

6/30/2025
TTM
12/31/2024
TTM
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Net income (loss):172(524)(1,744)(2,476)(11,322)(5)
Comprehensive income (loss), net of tax, attributable to parent:172(524)(1,744)(2,476)(11,322)(5)

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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