byNordic Acquisition Corp (BYNOW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
EINAR HANSENS ESPLANAD 29 MALMO, 21175 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 677 - Blank Checks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 2,306,735 | 936,061 | 631 | |||
| Cash and cash equivalent | 2,306,735 | 936,061 | 631 | |||
| Prepaid expense | ||||||
| Other undisclosed current assets | 34,818 | 219,924 | ||||
| Total current assets: | 2,341,553 | 1,155,985 | 631 | |||
| Noncurrent Assets | ||||||
| Long-term investments and receivables | 39,516,637 | |||||
| Long-term investments | 39,516,637 | |||||
| Asset, held-in-trust | 178,686,634 | |||||
| Deferred costs | 675,334 | |||||
| Total noncurrent assets: | 39,516,637 | 178,686,634 | 675,334 | |||
| TOTAL ASSETS: | 41,858,190 | 179,842,619 | 675,965 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 46,789 | 625,891 | 260,111 | |||
| Taxes payable | ✕ | ✕ | ✕ | 5,073 | ||
| Accrued liabilities | 46,789 | 625,891 | 255,038 | |||
| Debt | 625,000 | |||||
| Due to related parties | ✕ | ✕ | 47,500 | 10,073 | ||
| Other undisclosed current liabilities | 5,992,611 | 341,644 | 448,741 | |||
| Total current liabilities: | 6,664,400 | 1,015,035 | 718,925 | |||
| Noncurrent Liabilities | ||||||
| Other undisclosed noncurrent liabilities | 6,212,500 | 6,212,500 | ||||
| Total noncurrent liabilities: | 6,212,500 | 6,212,500 | ||||
| Total liabilities: | 12,876,900 | 7,227,535 | 718,925 | |||
| Temporary equity, including noncontrolling interest | 39,424,354 | 177,952,353 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | (10,443,064) | (5,337,269) | (42,960) | |||
| Common stock | 94 | |||||
| Additional paid in capital | 24,425 | |||||
| Accumulated deficit | (10,443,733) | (5,337,938) | (67,960) | |||
| Other undisclosed equity, attributable to parent | 669 | 575 | 575 | |||
| Total equity: | (10,443,064) | (5,337,269) | (42,960) | |||
| TOTAL LIABILITIES AND EQUITY: | 41,858,190 | 179,842,619 | 675,965 | |||
Income Statement (P&L) (USD)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Cost of product and service sold | (1,700,000) | ||||
| Other cost of operating revenue | |||||
| Gross profit: | (1,700,000) | ||||
| Operating expenses | (993,898) | (759,836) | (76,287) | ||
| Other operating expense, net | (348,053) | (100,000) | |||
| Other expenses | (100,000) | (100,000) | |||
| Other undisclosed operating income (loss) | 1,199,831 | ||||
| Operating loss: | (1,494,067) | (1,107,889) | (176,287) | ||
| Nonoperating income (Investment Income, Nonoperating) | 6,153,996 | 2,749,881 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,659,929 | 1,641,992 | (176,287) | ||
| Other undisclosed income from continuing operations before income taxes | 52,170 | ||||
| Income (loss) from continuing operations before income taxes: | 4,659,929 | 1,694,162 | (176,287) | ||
| Income tax expense (benefit) | (1,253,240) | (533,345) | 3,300 | ||
| Income (loss) from continuing operations: | 3,406,689 | 1,160,817 | (172,987) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (172,987) | |
| Other undisclosed net income | 106,700 | ||||
| Net income (loss) attributable to parent: | 3,406,689 | 1,160,817 | (66,287) | ||
| Preferred stock dividends and other adjustments | (7,056,638) | (25,245,936) | |||
| Net loss available to common stockholders, diluted: | (3,649,949) | (24,085,119) | (66,287) | ||
Comprehensive Income (USD)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | 3,406,689 | 1,160,817 | (66,287) | ||
| Other comprehensive loss | (2,002,353) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,406,689 | (841,536) | (66,287) | ||
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.