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) ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   400 2
Cash and cash equivalent   400 2
Other undisclosed current assets20224 1442 
Total current assets:202244014422
Noncurrent Assets
Asset, held-in-trust6663,4223,23823,75523,67223,333
Total noncurrent assets:6663,4223,23823,75523,67223,333
TOTAL ASSETS:6863,6463,27823,77023,71423,335
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,7712,6192,5941,0252,202732
Accounts payable     772 
Accrued liabilities2873,2222791,5411,4301,335
Other undisclosed accounts payable and accrued liabilities2,484(603)2,316(516) (603)
Debt1,4721,4171,255  119
Financial instruments subject to mandatory redemption, settlement terms, share value, amount      395
Other undisclosed current liabilities11,65411,1919,53910,4489,0289,569
Total current liabilities:15,89715,22713,38811,47311,22910,814
Noncurrent Liabilities
Liabilities, other than long-term debt     1,04542
Derivative instruments and hedges, liabilities     1,04542
Other undisclosed noncurrent liabilities21,71814,11112,2308,8868,0508,050
Total noncurrent liabilities:21,71814,11112,2308,8869,0958,092
Total liabilities:37,61529,33825,61820,35920,32418,906
Temporary equity, including noncontrolling interest3873,3153,14922,27821,89621,558
Equity
Equity, attributable to parent, including:(37,315)(29,007)(25,489)(18,867)(18,506)(17,129)
Accumulated deficit(37,316)(29,007)(25,490)(18,868)(18,507)(17,129)
Other undisclosed equity, attributable to parent111111
Total equity:(37,315)(29,007)(25,489)(18,867)(18,506)(17,129)
TOTAL LIABILITIES AND EQUITY:6863,6463,27823,77023,71423,335

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

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
Revenues
(Realized Investment gains)
      674
Gross profit:      674
Operating expenses(449)(1,036)(2,164)(405)(214) 
Operating income (loss):(449)(1,036)(2,164)(405)(214)674
Nonoperating income (expense)(7,755)(2,310)(3,835)537(731)2,722
Investment income, nonoperating2234164328272 
Other nonoperating income      2,722
Interest and debt expense(55)(162)    
Other undisclosed loss from continuing operations before equity method investments, income taxes   (422)   
Income (loss) from continuing operations before equity method investments, income taxes:(8,258)(3,508)(6,421)132(945)3,397
Other undisclosed income from continuing operations before income taxes55162422   
Income (loss) from continuing operations before income taxes:(8,204)(3,345)(5,999)132(945)3,397
Income tax expense(3)(6)(98)(111)(95)(158)
Income (loss) from continuing operations:(8,207)(3,351)(6,096)21(1,040)3,239
Income from discontinued operations      2,450
Net income (loss):(8,207)(3,351)(6,096)21(1,040)5,689
Net loss attributable to noncontrolling interest      (2,293)
Other undisclosed net loss attributable to parent      (1,104)
Net income (loss) attributable to parent:(8,207)(3,351)(6,096)21(1,040)2,293
Other undisclosed net income available to common stockholders, basic   693   
Net income (loss) available to common stockholders, diluted:(8,207)(3,351)(5,403)21(1,040)2,293

Comprehensive Income ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
Net income (loss):(8,207)(3,351)(6,096)21(1,040)5,689
Comprehensive income (loss):(8,207)(3,351)(6,096)21(1,040)5,689
Comprehensive loss, net of tax, attributable to noncontrolling interest      (2,293)
Comprehensive income (loss), net of tax, attributable to parent:(8,207)(3,351)(6,096)21(1,040)3,397

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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