InterPrivate III Financial Partners Inc. (IPVF) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1350 AVENUE OF THE AMERICAS NEW YORK, NY 10019 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 7,592 | 1,501 | |||
| Cash and cash equivalent | 7,592 | 1,501 | |||
| Prepaid expense | 249 | ||||
| Other undisclosed current assets | 43 | ||||
| Total current assets: | 7,635 | 1,751 | |||
| Noncurrent Assets | |||||
| Long-term investments and receivables | 29,706 | 258,803 | |||
| Long-term investments | 29,706 | 258,803 | |||
| Prepaid expense | 41 | ||||
| Other undisclosed noncurrent assets | |||||
| Total noncurrent assets: | 29,706 | 258,844 | |||
| TOTAL ASSETS: | 37,341 | 260,594 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 2,562 | 1,487 | |||
| Accrued liabilities | 224 | ||||
| Other undisclosed accounts payable and accrued liabilities | 2,338 | 1,487 | |||
| Other liabilities | 9,084 | ||||
| Due to related parties | ✕ | 90 | 180 | ||
| Other undisclosed current liabilities | 224 | ||||
| Total current liabilities: | 11,960 | 1,667 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 40 | ||||
| Deferred income tax liabilities | 40 | ||||
| Other undisclosed noncurrent liabilities | 8 | 234 | |||
| Total noncurrent liabilities: | 48 | 234 | |||
| Total liabilities: | 12,009 | 1,901 | |||
| Temporary equity, including noncontrolling interest | 20,354 | ||||
| Equity | |||||
| Equity, attributable to parent, including: | 4,978 | (109) | |||
| Common stock | 0 | ||||
| Retained earnings (accumulated deficit) | 4,977 | (110) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | |||
| Other undisclosed equity | 258,803 | ||||
| Total equity: | 4,978 | 258,694 | |||
| TOTAL LIABILITIES AND EQUITY: | 37,341 | 260,594 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues | 10,000 | 100 | ||
| Sale of trust assets to pay expenses | 100 | |||
| Net investment income | ||||
| Other operating income | 10,000 | |||
| Gross profit: | 10,000 | 100 | ||
| Operating expenses | (3,271) | (1,038) | ||
| Other undisclosed operating loss | (10,000) | (100) | ||
| Operating loss: | (3,271) | (1,038) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 13,988 | (76) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 10,717 | (1,113) | ||
| Income from equity method investments | 3,805 | |||
| Other undisclosed loss from continuing operations before income taxes | (17,346) | |||
| Income (loss) from continuing operations before income taxes: | (2,824) | (1,113) | ||
| Income tax expense (benefit) | 10,717 | 207 | ||
| Income (loss) from continuing operations: | 7,892 | (906) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (906) | |
| Other undisclosed net income | 2,019 | |||
| Net income (loss): | 7,892 | 1,113 | ||
| Net income attributable to noncontrolling interest | 1,113 | |||
| Other undisclosed net loss attributable to parent | (3,340) | |||
| Net income (loss) attributable to parent: | 7,892 | (1,113) | ||
| Preferred stock dividends and other adjustments | 844 | |||
| Net income (loss) available to common stockholders, diluted: | 7,892 | (269) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net income (loss): | 7,892 | 1,113 | ||
| Comprehensive income (loss): | 7,892 | 1,113 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1,113 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 7,892 | 2,226 | ||
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.