Horizon Space Acquisition I Corp. (HSPOW) Financial Statements (2025 and earlier)

Company Profile

Business Address 1412 BROADWAY, 21ST FLOOR
NEW YORK, NY 10018
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) ($ in thousands)

6/30/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8283561
Cash and cash equivalent8283561
Prepaid expense 16124
Deferred costs 1,046  
Other undisclosed current assets (1,046)  
Total current assets:8299685
Noncurrent Assets
Prepaid expense   20
Asset, held-in-trust21,32067,94770,221
Total noncurrent assets:21,32067,94770,241
TOTAL ASSETS:21,32868,24670,926
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:20213435
Other undisclosed accounts payable and accrued liabilities20213435
Debt   
Other undisclosed current liabilities1,780280 
Total current liabilities:1,98241435
Noncurrent Liabilities
Other undisclosed noncurrent liabilities2,4152,4152,415
Total noncurrent liabilities:2,4152,4152,415
Total liabilities:4,3972,8292,450
Equity
Equity, attributable to parent(4,389)(2,530)(1,745)
Common stock000
Accumulated deficit(4,389)(2,530)(1,745)
Other undisclosed equity21,32067,94770,221
Total equity:16,93165,41768,476
TOTAL LIABILITIES AND EQUITY:21,32868,24670,926

Income Statement (P&L) ($ in thousands)

6/30/2025
TTM
12/31/2024
12/31/2023
12/31/2022
Revenues
(Net Investment Income)
3,1723,471 
Gross profit:3,1723,471 
Operating expenses(1,059)(560) 
Other undisclosed operating loss(3,172)(3,471) 
Operating loss:(1,059)(560) 
Nonoperating income
(Investment Income, Nonoperating)
3,1723,471 
Income from continuing operations before income taxes:2,1122,911 
Other undisclosed loss from continuing operations   
Income (loss) from continuing operations:2,1122,911 
Other undisclosed net income   
Net income:2,1122,911 
Other undisclosed net loss attributable to parent   
Net income available to common stockholders, diluted:2,1122,911 

Comprehensive Income ($ in thousands)

6/30/2025
TTM
12/31/2024
12/31/2023
12/31/2022
Net income:2,1122,911 
Comprehensive income, net of tax, attributable to parent:2,1122,911 

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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