Empowerment & Inclusion Capital I Corp. (EPWR) Financial Statements (2026 and earlier)

Company Profile

Business Address C/O THE PNC FINANCIAL SERVICES GROUP
NEW YORK, NY 10173
State of Incorp.
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)
Annual | Quarterly

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 98,035
Cash and cash equivalent 98,035
Prepaid expense 532,138
Total current assets: 630,173
Noncurrent Assets
Asset, held-in-trust 276,026,697
Total noncurrent assets: 276,026,697
TOTAL ASSETS: 276,656,870
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 473,362
Accrued liabilities 473,362
Total current liabilities: 473,362
Noncurrent Liabilities
Liabilities, other than long-term debt 169,000
Due to related parties 169,000
Other undisclosed noncurrent liabilities 20,320,000
Total noncurrent liabilities: 20,489,000
Total liabilities: 20,962,362
Temporary equity, including noncontrolling interest 276,000,000
Equity
Equity, attributable to parent, including: (20,305,492)
Accumulated deficit (20,301,182)
Other undisclosed equity, attributable to parent (4,310)
Total equity: (20,305,492)
TOTAL LIABILITIES AND EQUITY: 276,656,870

Income Statement (P&L) (USD)
Annual | Quarterly

9/30/2022
TTM
12/31/2021
Other undisclosed operating loss (1,098,067)
Operating loss: (1,098,067)
Nonoperating income 4,929,368
Income from continuing operations before income taxes: 3,831,301
Income tax benefit 224,987
Income from continuing operations: 4,056,288
Income before gain (loss) on sale of properties:✕4,056,288
Other undisclosed net loss (224,987)
Net income attributable to parent: 3,831,301
Preferred stock dividends and other adjustments (26,032,857)
Net loss available to common stockholders, diluted: (22,201,556)

Comprehensive Income (USD)
Annual | Quarterly

9/30/2022
TTM
12/31/2021
Net income: 3,831,301
Comprehensive income, net of tax, attributable to parent: 3,831,301

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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