H.I.G. Acquisition Corp. (HIGA) Financial Statements (2024 and earlier)

Company Profile

Business Address 1450 BRICKELL AVENUE
MIAMI, FL 33131
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)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,1864,3114,3864,4614,57630,103
Cash and cash equivalents4,1864,3114,3864,4614,57630,103
Prepaid expense343,001495,072609,967758,246932,8721,096,949
Total current assets:347,187499,383614,353762,707937,4481,127,052
Noncurrent Assets
Other undisclosed noncurrent assets364,020,136363,987,687363,978,513363,969,337363,960,262363,951,287
Total noncurrent assets:364,020,136363,987,687363,978,513363,969,337363,960,262363,951,287
TOTAL ASSETS:364,367,323364,487,070364,592,866364,732,044364,897,710365,078,339
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,325,3521,225,2511,904,7231,666,8431,262,157156,785
Accounts payable696,996645,3851,615,7141,421,5931,224,40758,206
Accrued liabilities628,356579,866289,009245,25037,75098,579
Due to related parties1,354,8201,202,79721,68321,68321,280 
Total current liabilities:2,680,1722,428,0481,926,4061,688,5261,283,437156,785
Noncurrent Liabilities
Other undisclosed noncurrent liabilities19,119,86925,560,27925,311,16233,619,94531,971,38536,733,915
Total noncurrent liabilities:19,119,86925,560,27925,311,16233,619,94531,971,38536,733,915
Total liabilities:21,800,04127,988,32727,237,56835,308,47133,254,82236,890,700
Temporary equity, carrying amount363,945,000363,945,000363,945,000324,423,570326,642,880363,945,000
Equity
Equity, attributable to parent, including:(21,377,718)(27,446,257)(26,589,702)5,000,0035,000,008(35,757,361)
Additional paid in capital    13,405,32011,186,032 
Accumulated deficit(21,378,628)(27,447,167)(26,590,612)(8,406,622)(6,187,307)(35,758,271)
Other undisclosed equity, attributable to parent9109109101,3051,283910
Total equity:(21,377,718)(27,446,257)(26,589,702)5,000,0035,000,008(35,757,361)
TOTAL LIABILITIES AND EQUITY:364,367,323364,487,070364,592,866364,732,044364,897,710365,078,339

Income Statement (P&L) (USD)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Operating expenses(374,320)(706,613)(356,234)(549,830)(1,286,256) 
Other undisclosed operating income (loss)(30,000)90,000(30,000)(30,000)(30,000) 
Operating loss:(404,320)(616,613)(386,234)(579,830)(1,316,256) 
Nonoperating income
(Investment Income, Nonoperating)
      
Loss from continuing operations:(404,320)(616,613)(386,234)(579,830)(1,316,256) 
Loss before gain (loss) on sale of properties:(404,320)(616,613)(386,234)(579,830)(1,316,256)
Other undisclosed net income (loss) 6,472,859(239,942)  4,771,505 
Net income (loss):6,068,539(856,555)(386,234)(579,830)3,455,249 
Other undisclosed net income (loss) attributable to parent  8,317,959(1,639,485)  
Net income (loss) available to common stockholders, diluted:6,068,539(856,555)7,931,725(2,219,315)3,455,249 

Comprehensive Income (USD)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Net income (loss):6,068,539(856,555)(386,234)(579,830)3,455,249 
Comprehensive income (loss), net of tax, attributable to parent:6,068,539(856,555)(386,234)(579,830)3,455,249 

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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