Iconic Sports Acquisition Corp. (ICNC) Financial Statements (2024 and earlier)

Company Profile

Business Address 16 HANOVER SQUARE
LONDON, W1S 1HT
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)

6/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments599,286923,850
Cash and cash equivalents599,286923,850
Prepaid expense142,093463,672
Total current assets:741,3791,387,522
Noncurrent Assets
Prepaid expense  142,093
Asset, held-in-trust358,731,581353,630,892
Total noncurrent assets:358,731,581353,772,985
TOTAL ASSETS:359,472,960355,160,507
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities39,911169,655
Accounts payable39,911169,655
Debt750,000 
Due to related parties  
Other undisclosed current liabilities1,110,177593,234
Total current liabilities:1,900,088762,889
Noncurrent Liabilities
Other undisclosed noncurrent liabilities14,931,40030,269,000
Total noncurrent liabilities:14,931,40030,269,000
Total liabilities:16,831,48831,031,889
Temporary equity, carrying amount  353,625,000
Equity
Equity, attributable to parent, including:(15,990,109)(29,496,382)
Accumulated deficit(15,990,972)(29,497,245)
Other undisclosed equity, attributable to parent863863
Other undisclosed equity358,631,581 
Total equity:342,641,472(29,496,382)
TOTAL LIABILITIES AND EQUITY:359,472,960355,160,507

Income Statement (P&L) (USD)

6/30/2023
TTM
12/31/2022
12/31/2021
Operating expenses(1,925,435) 
Operating loss:(1,925,435) 
Nonoperating income20,438,289 
Investment income, nonoperating3,201,980 
Income from continuing operations:18,512,854 
Income before gain (loss) on sale of properties:
Net income attributable to parent:18,512,854 
Preferred stock dividends and other adjustments(5,006,581) 
Other undisclosed net loss available to common stockholders, basic  
Net income available to common stockholders, diluted:13,506,273 

Comprehensive Income (USD)

6/30/2023
TTM
12/31/2022
12/31/2021
Net income:18,512,854 
Comprehensive income, net of tax, attributable to parent:18,512,854 

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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