Focus Impact Acquisition Corp. (FIAC) Financial Statements (2024 and earlier)

Company Profile

Business Address 1345 AVENUE OF THE AMERICAS, 33RD FLOOR
NEW YORK, NY 10105
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6799 - Investors, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments224,3941,426,0061,393,939
Cash and cash equivalents224,3941,426,0061,393,939
Receivables 13,937  
Prepaid expense4,091367,169462,845
Other undisclosed current assets 75,773  
Total current assets:318,1951,793,1751,856,784
Noncurrent Assets
Prepaid expense   356,689
Asset, held-in-trust62,418,210237,038,010234,603,156
Total noncurrent assets:62,418,210237,038,010234,959,845
TOTAL ASSETS:62,736,405238,831,185236,816,629
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,408,0801,001,990827,273
Taxes payable170,959
Accrued liabilities40,030708,725656,314
Other undisclosed accounts payable and accrued liabilities4,368,050293,265 
Debt1,875,000  
Other liabilities240,000  
Due to related parties120,000 
Other undisclosed current liabilities45,915,058708,725 
Total current liabilities:52,438,1381,830,715827,273
Noncurrent Liabilities
Liabilities, other than long-term debt454,0001,135,00011,804,000
Derivative instruments and hedges, liabilities454,0001,135,00011,804,000
Other undisclosed noncurrent liabilities150,0008,800,0008,650,000
Total noncurrent liabilities:604,0009,935,00020,454,000
Total liabilities:53,042,13811,765,71521,281,273
Temporary equity, carrying amount18,853,961 234,600,000
Equity
Equity, attributable to parent, including:(9,159,694)(9,955,210)(19,064,644)
Accumulated deficit(9,160,269)(9,955,785)(19,065,219)
Other undisclosed equity, attributable to parent575575575
Other undisclosed equity  237,020,680 
Total equity:(9,159,694)227,065,470(19,064,644)
TOTAL LIABILITIES AND EQUITY:62,736,405238,831,185236,816,629

Income Statement (P&L) (USD)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Operating expenses(5,219,930)(1,784,832) 
Other undisclosed operating loss  (150,000) 
Operating loss:(5,219,930)(1,934,832) 
Nonoperating income6,355,60814,110,388 
Investment income, nonoperating6,031,28814,102,975 
Income (loss) from continuing operations before income taxes:1,135,67812,175,556 
Income tax expense(1,111,731)(645,442) 
Net income (loss) available to common stockholders, diluted:23,94711,530,114 

Comprehensive Income (USD)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net income (loss):23,94711,530,114 
Comprehensive income (loss), net of tax, attributable to parent:23,94711,530,114 

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: