FAST Acquisition Corp. II (FZT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
109 OLD BRANCHVILLE ROAD RIDGEFIELD, CT 06877 |
| 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) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 552 | 584 | |||
| Cash and cash equivalents | 552 | 584 | |||
| Prepaid expense | 67 | 378 | |||
| Total current assets: | 619 | 962 | |||
| Noncurrent Assets | |||||
| Intangible assets, net (including goodwill) | 5,000 | ||||
| Intangible assets, net (excluding goodwill) | 5,000 | ||||
| Customer funds | |||||
| Other undisclosed noncurrent assets | 219,656 | 222,381 | |||
| Total noncurrent assets: | 224,656 | 222,381 | |||
| TOTAL ASSETS: | 225,275 | 223,343 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 2,719 | 507 | |||
| Taxes payable | ✕ | ✕ | 200 | ||
| Accounts payable | 2,594 | 166 | |||
| Accrued liabilities | 125 | 141 | |||
| Debt | |||||
| Due to related parties | 15 | 15 | |||
| Other undisclosed current liabilities | 1,188 | ||||
| Total current liabilities: | 3,922 | 522 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 14,385 | 16,443 | |||
| Deferred compensation liability, classified | 7,782 | 7,782 | |||
| Derivative instruments and hedges, liabilities | 6,604 | 8,661 | |||
| Total noncurrent liabilities: | 14,385 | 16,443 | |||
| Total liabilities: | 18,308 | 16,965 | |||
| Temporary equity, carrying amount | 224,463 | 222,337 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (17,495) | (15,959) | |||
| Common stock, share subscribed but unissued, subscriptions receivable | |||||
| Accumulated deficit | (17,496) | (15,959) | |||
| Other additional capital | |||||
| Other undisclosed equity, attributable to parent | 1 | 1 | |||
| Total equity: | (17,495) | (15,959) | |||
| TOTAL LIABILITIES AND EQUITY: | 225,275 | 223,343 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues (Fee Income) | ||||
| Cost of revenue (Cost of Goods and Services Sold) | ||||
| Gross profit: | ||||
| Operating expenses | (3,855) | (825) | ||
| Other operating expense, net (Other Expenses) | (200) | |||
| Other undisclosed operating income (loss) | (200) | |||
| Operating loss: | (4,055) | (1,026) | ||
| Nonoperating income (Investment Income, Nonoperating) | 3,174 | 44 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (882) | (982) | ||
| Other undisclosed income from continuing operations before income taxes | 2,062 | |||
| Income (loss) from continuing operations before income taxes: | 1,181 | (982) | ||
| Income tax expense | (592) | (200) | ||
| Income (loss) from continuing operations: | 589 | (1,182) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (1,182) | ||
| Other undisclosed net income | 4,686 | |||
| Net income: | 589 | 3,503 | ||
| Other undisclosed net loss attributable to parent | ||||
| Net income (loss) attributable to parent: | 589 | 3,503 | ||
| Preferred stock dividends and other adjustments | (12,332) | |||
| Net income (loss) available to common stockholders, diluted: | 589 | (8,829) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net income: | 589 | 3,503 | ||
| Comprehensive income, net of tax, attributable to parent: | 589 | 3,503 | ||
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.