Integrated Rail and Resources Acquisition Corp. (IRRXW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
400 W. MORSE BLVD., SUITE 220 WINTER PARK, FL 32789 |
| State of Incorp. | DE |
| 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)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 39,938 | 189 | 54,173 | 1,004,278 | |||
| Cash and cash equivalent | 39,938 | 189 | 54,173 | 1,004,278 | |||
| Other undisclosed current assets | 33,590 | 433,578 | 409,084 | ||||
| Total current assets: | 39,938 | 33,779 | 487,751 | 1,413,362 | |||
| Noncurrent Assets | |||||||
| Prepaid expense | 357,949 | ||||||
| Asset, held-in-trust | 3,237,676 | 72,731,536 | 237,537,270 | 232,302,620 | |||
| Total noncurrent assets: | 3,237,676 | 72,731,536 | 237,537,270 | 232,660,569 | |||
| TOTAL ASSETS: | 3,277,614 | 72,765,315 | 238,025,021 | 234,073,931 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 2,594,035 | 700,664 | 681,738 | 80,500 | |||
| Accounts payable | 84,488 | 20,000 | |||||
| Accrued liabilities | 278,518 | 700,664 | 597,250 | 60,500 | |||
| Other undisclosed accounts payable and accrued liabilities | 2,315,517 | ||||||
| Debt | 1,255,062 | 118,705 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 12,494 | |||
| Other undisclosed current liabilities | 9,538,813 | 8,451,685 | 412,539 | 198,046 | |||
| Total current liabilities: | 13,387,910 | 9,271,054 | 1,094,277 | 291,040 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 2,090,000 | 2,926,000 | 11,922,400 | ||||
| Derivative instruments and hedges, liabilities | 2,090,000 | 2,926,000 | 11,922,400 | ||||
| Other undisclosed noncurrent liabilities | 12,230,000 | 8,050,000 | 8,310,225 | 8,050,000 | |||
| Total noncurrent liabilities: | 12,230,000 | 10,140,000 | 11,236,225 | 19,972,400 | |||
| Total liabilities: | 25,617,910 | 19,411,054 | 12,330,502 | 20,263,440 | |||
| Temporary equity, including noncontrolling interest | 3,148,662 | 71,474,496 | 237,124,704 | 232,300,000 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | (25,488,958) | (18,120,235) | (11,430,185) | (18,489,509) | |||
| Accumulated deficit | (25,489,533) | (18,120,810) | (11,430,760) | (18,490,084) | |||
| Other undisclosed equity, attributable to parent | 575 | 575 | 575 | 575 | |||
| Total equity: | (25,488,958) | (18,120,235) | (11,430,185) | (18,489,509) | |||
| TOTAL LIABILITIES AND EQUITY: | 3,277,614 | 72,765,315 | 238,025,021 | 234,073,931 | |||
Income Statement (P&L) (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Operating expenses | (3,054,750) | (1,391,654) | (2,036,415) | |||
| Operating loss: | (3,054,750) | (1,391,654) | (2,036,415) | |||
| Nonoperating income (expense) | (1,306,060) | 5,953,251 | 12,222,522 | |||
| Investment income, nonoperating | 1,438,346 | |||||
| Other nonoperating income | 5,953,251 | 12,222,522 | ||||
| Interest and debt expense | (422,128) | |||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (4,782,938) | 4,561,597 | 10,186,107 | |||
| Other undisclosed income from continuing operations before income taxes | 422,128 | |||||
| Income (loss) from continuing operations before income taxes: | (4,360,810) | 4,561,597 | 10,186,107 | |||
| Income tax expense | (462,092) | (1,018,482) | (602,079) | |||
| Income (loss) from continuing operations: | (4,822,902) | 3,543,115 | 9,584,028 | |||
| Income from discontinued operations | 4,561,593 | 10,186,107 | ||||
| Net income (loss): | (4,822,902) | 8,104,708 | 19,770,135 | |||
| Net loss attributable to noncontrolling interest | (3,543,111) | (9,584,028) | ||||
| Other undisclosed net loss attributable to parent | (1,018,486) | (602,079) | ||||
| Net income (loss) attributable to parent: | (4,822,902) | 3,543,111 | 9,584,028 | |||
| Preferred stock dividends and other adjustments | 693,320 | |||||
| Other undisclosed net income available to common stockholders, basic | ||||||
| Net income (loss) available to common stockholders, diluted: | (4,129,582) | 3,543,111 | 9,584,028 | |||
Comprehensive Income (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (4,822,902) | 8,104,708 | 19,770,135 | |||
| Comprehensive income (loss): | (4,822,902) | 8,104,708 | 19,770,135 | |||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (3,543,111) | (9,584,028) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (4,822,902) | 4,561,597 | 10,186,107 | |||
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.