Fat Projects Acquisition Corp (FATP) Financial Statements (2024 and earlier)

Company Profile

Business Address 27 BUKIT MANIS ROAD
SINGAPORE, 099892
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments72,800754,893
Cash and cash equivalents72,800754,893
Receivables  50,000
Prepaid expense110,679164,955
Asset, held-in-trust116,762,710 
Other undisclosed current assets  
Total current assets:116,946,189969,848
Noncurrent Assets
Prepaid expense  110,682
Asset, held-in-trust  115,010,543
Total noncurrent assets:  115,121,225
TOTAL ASSETS:116,946,189116,091,073
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,637,748110,342
Accrued liabilities1,637,748110,342
Due to related parties  26,129
Other undisclosed current liabilities4,115,000 
Total current liabilities:5,752,748136,471
Noncurrent Liabilities
Other undisclosed noncurrent liabilities  4,025,000
Total noncurrent liabilities:  4,025,000
Total liabilities:5,752,7484,161,471
Temporary equity, carrying amount116,762,710115,000,000
Equity
Equity, attributable to parent, including:(5,569,269)(3,070,398)
Accumulated deficit(5,569,569)(3,070,698)
Other undisclosed equity, attributable to parent300300
Total equity:(5,569,269)(3,070,398)
TOTAL LIABILITIES AND EQUITY:116,946,189116,091,073

Income Statement (P&L) (USD)

6/30/2023
TTM
12/31/2022
12/31/2021
Operating expenses(2,488,328) 
Other undisclosed operating loss  
Operating loss:(2,488,328) 
Nonoperating income1,752,167 
Investment income, nonoperating1,752,167 
Interest and debt expense  
Loss from continuing operations:(736,161) 
Loss before gain (loss) on sale of properties:
Other undisclosed net income  
Net loss attributable to parent:(736,161) 
Preferred stock dividends and other adjustments  (17,034,247)
Other undisclosed net income available to common stockholders, basic1,472,322 
Net income (loss) available to common stockholders, diluted:736,161(17,034,247)

Comprehensive Income (USD)

6/30/2023
TTM
12/31/2022
12/31/2021
Net loss:(736,161) 
Comprehensive loss, net of tax, attributable to parent:(736,161) 

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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