Feutune Light Acquisition Corp (FLFVW) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
221 W 9TH ST #848 WILMINGTON, DE 19801 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 18 | 547 | |||
| Cash and cash equivalents | 18 | 547 | |||
| Prepaid expense | 46 | 168 | |||
| Other current assets | |||||
| Total current assets: | 64 | 715 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | |||||
| Property, plant and equipment | |||||
| Asset, held-in-trust | 54,076 | 100,525 | |||
| Total noncurrent assets: | 54,076 | 100,525 | |||
| TOTAL ASSETS: | 54,140 | 101,241 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 98 | 92 | |||
| Accrued liabilities | 98 | 92 | |||
| Debt | 2,163 | ||||
| Deferred compensation liability | |||||
| Other undisclosed current liabilities | 574 | 252 | |||
| Total current liabilities: | 2,834 | 343 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 3,490 | ||||
| Deferred revenue | 3,421 | ||||
| Deferred income tax liabilities | 68 | ||||
| Other undisclosed noncurrent liabilities | 3,421 | ||||
| Total noncurrent liabilities: | 3,421 | 3,490 | |||
| Total liabilities: | 6,256 | 3,833 | |||
| Temporary equity, carrying amount | 54,004 | 100,206 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (6,119) | (2,798) | |||
| Common stock | |||||
| Additional paid in capital | 0 | ||||
| Accumulated deficit | (6,120) | (2,798) | |||
| Receivable from shareholders or affiliates for issuance of capital stock | (100) | ||||
| Other undisclosed equity, attributable to parent | 100 | 0 | |||
| Total equity: | (6,119) | (2,798) | |||
| TOTAL LIABILITIES AND EQUITY: | 54,140 | 101,241 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Revenues (Net Investment Income) | 1,329 | |||
| Gross profit: | 1,329 | |||
| Operating expenses | (1,250) | (508) | ||
| Other undisclosed operating loss | (1,329) | |||
| Operating loss: | (1,250) | (508) | ||
| Nonoperating income | 3,664 | 1,309 | ||
| Investment income, nonoperating | 3,664 | 1,309 | ||
| Income (loss) from continuing operations before income taxes: | 2,415 | 801 | ||
| Income tax expense | (1,078) | (263) | ||
| Net income (loss) attributable to parent: | 1,337 | 538 | ||
| Preferred stock dividends and other adjustments | (2,479) | (12,530) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||
| Net loss available to common stockholders, diluted: | (1,142) | (11,992) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Net income (loss): | 1,337 | 538 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,337 | 538 | ||
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.