Golden Arrow Merger Corp. (GAMC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
10 E. 53RD STREET NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 250,000 | 348,749 | 366,612 | |||
| Cash and cash equivalents | 250,000 | 348,749 | 366,612 | |||
| Prepaid expense | 152,663 | 72,297 | 352,184 | |||
| Other undisclosed current assets | 56,034 | |||||
| Total current assets: | 458,697 | 421,046 | 718,796 | |||
| Noncurrent Assets | ||||||
| Long-term investments and receivables | 290,646,467 | 287,517,003 | ||||
| Long-term investments | 290,646,467 | 287,517,003 | ||||
| Asset, held-in-trust | 6,218,429 | |||||
| Total noncurrent assets: | 6,218,429 | 290,646,467 | 287,517,003 | |||
| TOTAL ASSETS: | 6,677,126 | 291,067,513 | 288,235,799 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 1,135,140 | 249,489 | 322,074 | |||
| Accrued liabilities | 2,870,720 | 249,489 | 322,074 | |||
| Other undisclosed accounts payable and accrued liabilities | (1,735,580) | |||||
| Debt | 88,850 | |||||
| Due to related parties | ✕ | ✕ | 141,367 | |||
| Other undisclosed current liabilities | 5,387,077 | 248,647 | ||||
| Total current liabilities: | 6,522,217 | 586,986 | 463,441 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 10,062,500 | 10,062,500 | ||||
| Deferred compensation liability, classified | 10,062,500 | 10,062,500 | ||||
| Other undisclosed noncurrent liabilities | 12,104,167 | 145,833 | 7,284,375 | |||
| Total noncurrent liabilities: | 12,104,167 | 10,208,333 | 17,346,875 | |||
| Total liabilities: | 18,626,384 | 10,795,319 | 17,810,316 | |||
| Temporary equity, carrying amount | 6,228,145 | 290,357,770 | 287,500,000 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (18,177,403) | (10,085,576) | (17,074,517) | |||
| Accumulated deficit | (18,178,122) | (10,086,295) | (17,075,236) | |||
| Other undisclosed equity, attributable to parent | 719 | 719 | 719 | |||
| Total equity: | (18,177,403) | (10,085,576) | (17,074,517) | |||
| TOTAL LIABILITIES AND EQUITY: | 6,677,126 | 291,067,513 | 288,235,799 | |||
Income Statement (P&L) (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Operating expenses | (2,103,668) | (1,343,799) | (1,022,676) | ||
| Operating loss: | (2,103,668) | (1,343,799) | (1,022,676) | ||
| Nonoperating income (expense) | 1,289,100 | 11,950,157 | 6,291,637 | ||
| Investment income, nonoperating | 3,176,694 | 4,000,465 | |||
| Interest and debt expense | 811,150 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (814,568) | 11,417,508 | 5,268,961 | ||
| Other undisclosed loss from continuing operations before income taxes | (811,150) | ||||
| Income (loss) from continuing operations before income taxes: | (814,568) | 10,606,358 | 5,268,961 | ||
| Income tax expense | (653,044) | (759,647) | |||
| Income (loss) from continuing operations: | (1,467,612) | 9,846,711 | 5,268,961 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 5,268,961 | |
| Net income (loss) attributable to parent: | (1,467,612) | 9,846,711 | 5,268,961 | ||
| Preferred stock dividends and other adjustments | (2,942,345) | (2,857,770) | |||
| Net income (loss) available to common stockholders, diluted: | (4,409,957) | 6,988,941 | 5,268,961 | ||
Comprehensive Income (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | (1,467,612) | 9,846,711 | 5,268,961 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,467,612) | 9,846,711 | 5,268,961 | ||
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.