FTAC Hera Acquisition Corp. (HERA) Financial Statements (2024 and earlier)

Company Profile

Business Address 2929 ARCH STREET STE 1703
QUAKERTOWN, PA 19104
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)

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 965,671
Cash and cash equivalents 965,671
Prepaid expense 384,884
Total current assets: 1,350,555
Noncurrent Assets
Long-term investments and receivables 851,547,099
Long-term investments 851,547,099
Total noncurrent assets: 851,547,099
TOTAL ASSETS: 852,897,654
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 268,994
Accrued liabilities 268,994
Total current liabilities: 268,994
Noncurrent Liabilities
Liabilities, other than long-term debt 30,831,268
Deferred compensation liability, classified 30,831,268
Total noncurrent liabilities: 30,831,268
Other undisclosed liabilities 20,665,533
Total liabilities: 51,765,795
Temporary equity, carrying amount 851,477,600
Equity
Equity, attributable to parent, including: (50,345,741)
Common stock 192
Accumulated deficit (50,348,110)
Other undisclosed equity, attributable to parent 2,177
Total equity: (50,345,741)
TOTAL LIABILITIES AND EQUITY: 852,897,654

Income Statement (P&L) (USD)

9/30/2022
TTM
12/31/2021
Operating expenses (1,493,205)
Operating loss: (1,493,205)
Nonoperating expense (1,556,221)
Other nonoperating expense (1,625,720)
Loss from continuing operations: (3,049,426)
Loss before gain (loss) on sale of properties:(3,049,426)
Other undisclosed net income 9,155,175
Net income attributable to parent: 6,105,749
Preferred stock dividends and other adjustments (268,994)
Net income available to common stockholders, diluted: 5,836,755

Comprehensive Income (USD)

9/30/2022
TTM
12/31/2021
Net income: 6,105,749
Comprehensive income, net of tax, attributable to parent: 6,105,749

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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