Churchill Capital Corp VI (CCVI) Financial Statements (2024 and earlier)

Company Profile

Business Address 640 FIFTH AVENUE, 12TH FLOOR
NEW YORK, NY 10019
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)

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 investments1,558,0011,003,7551,413,885975,412532,582820,001
Cash and cash equivalents1,558,0011,003,7551,413,885975,412532,582820,001
Prepaid expense439,345175,80099,409269,772440,135610,498
Total current assets:1,997,3461,179,5551,513,2941,245,184972,7171,430,499
Noncurrent Assets
Asset, held-in-trust283,356,534563,974,015558,882,227555,025,270552,931,138552,293,887
Total noncurrent assets:283,356,534563,974,015558,882,227555,025,270552,931,138552,293,887
TOTAL ASSETS:285,353,880565,153,570560,395,521556,270,454553,903,855553,724,386
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,507,0512,799,8041,290,9761,358,594203,190 
Taxes payable679,297101,595
Accrued liabilities3,507,0512,799,8041,290,976679,297101,595 
Debt1,000,000     
Other undisclosed current liabilities341,268297,66682,498(527,546)370200,493
Total current liabilities:4,848,3193,097,4701,373,474831,048203,560200,493
Noncurrent Liabilities
Other undisclosed noncurrent liabilities24,114,40022,333,80021,263,89922,916,20027,919,20035,172,400
Total noncurrent liabilities:24,114,40022,333,80021,263,89922,916,20027,919,20035,172,400
Total liabilities:28,962,71925,431,27022,637,37323,747,24828,122,76035,372,893
Temporary equity, carrying amount282,693,623559,966,893557,099,834553,555,451552,000,000552,000,000
Equity
Equity, attributable to parent, including:(26,302,462)(20,244,593)(19,341,686)(21,032,245)(26,218,905)(33,648,507)
Accumulated deficit(26,303,842)(20,245,973)(19,343,066)(21,033,625)(26,220,285)(33,649,887)
Other undisclosed equity, attributable to parent1,3801,3801,3801,3801,3801,380
Total equity:(26,302,462)(20,244,593)(19,341,686)(21,032,245)(26,218,905)(33,648,507)
TOTAL LIABILITIES AND EQUITY:285,353,880565,153,570560,395,521556,270,454553,903,855553,724,386

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(532,926)(698,907)(373,637)(356,319)(379,254)(397,802)
Operating loss:(532,926)(698,907)(373,637)(356,319)(379,254)(397,802)
Nonoperating income3,253,8843,837,7886,554,3577,676,1327,910,45110,187,530
Investment income, nonoperating5,009,4845,091,7884,498,7682,597,422776,521139,436
Income from continuing operations before income taxes:2,720,9583,138,8816,180,7207,319,8137,531,1979,789,728
Income tax expense(1,298,478)(1,174,729)(945,778)(577,702)(101,595) 
Income from continuing operations:1,422,4801,964,1525,234,9426,742,1117,429,6029,789,728
Income before gain (loss) on sale of properties:6,742,1117,429,6029,789,728
Net income attributable to parent:1,422,4801,964,1525,234,9426,742,1117,429,6029,789,728
Preferred stock dividends and other adjustments(4,661,006)(2,867,059)(3,544,383)(1,555,451) (40,104,308)
Net income (loss) available to common stockholders, diluted:(3,238,526)(902,907)1,690,5595,186,6607,429,602(30,314,580)

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:1,422,4801,964,1525,234,9426,742,1117,429,6029,789,728
Comprehensive income, net of tax, attributable to parent:1,422,4801,964,1525,234,9426,742,1117,429,6029,789,728

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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