G Squared Ascend II Inc. (GSQB) Financial Statements (2024 and earlier)

Company Profile

Business Address 205 N. MICHIGAN AVENUE
CHICAGO, IL 60601
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments678,0321,299,027
Cash and cash equivalents678,0321,299,027
Prepaid expense381,9411,213,157
Total current assets:1,059,9732,512,184
Noncurrent Assets
Asset, held-in-trust147,455,089145,213,205
Total noncurrent assets:147,455,089145,213,205
TOTAL ASSETS:148,515,062147,725,389
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities416,143216,340
Accounts payable416,14381,500
Accrued liabilities 134,840
Due to related parties20,401 
Total current liabilities:436,544216,340
Noncurrent Liabilities
Other undisclosed noncurrent liabilities5,575,06411,172,210
Total noncurrent liabilities:5,575,06411,172,210
Total liabilities:6,011,60811,388,550
Temporary equity, carrying amount 147,355,089145,187,500
Equity
Equity, attributable to parent, including:(4,851,635)(8,850,661)
Accumulated deficit(4,851,994)(8,851,020)
Other undisclosed equity, attributable to parent359359
Other undisclosed equity  
Total equity:(4,851,635)(8,850,661)
TOTAL LIABILITIES AND EQUITY:148,515,062147,725,389

Income Statement (P&L) (USD)

3/31/2023
TTM
12/31/2022
12/31/2021
Operating expenses(1,552,415)(714,297)
Other undisclosed operating loss(120,000)(70,000)
Operating loss:(1,672,415)(784,297)
Nonoperating income7,839,0304,336,153
Income from continuing operations:6,166,6153,551,856
Income before gain (loss) on sale of properties:3,551,856
Net income available to common stockholders, diluted:6,166,6153,551,856

Comprehensive Income (USD)

3/31/2023
TTM
12/31/2022
12/31/2021
Net income:6,166,6153,551,856
Comprehensive income, net of tax, attributable to parent:6,166,6153,551,856

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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