Keen Vision Acquisition Corp. (KVACW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
37 GREENBRIAR DRIVE SUMMIT, NJ 07901 |
| 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)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 54,548 | 631,753 | |||
| Cash and cash equivalent | 54,548 | 631,753 | |||
| Prepaid expense | 9,238 | 233,862 | |||
| Total current assets: | 63,786 | 865,615 | |||
| Noncurrent Assets | |||||
| Asset, held-in-trust | 70,373,065 | ||||
| Other undisclosed noncurrent assets | 154,823,318 | ||||
| Total noncurrent assets: | 70,373,065 | 154,823,318 | |||
| TOTAL ASSETS: | 70,436,851 | 155,688,933 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 97,813 | 4,000 | |||
| Accrued liabilities | 97,813 | 4,000 | |||
| Debt | 600,000 | ||||
| Other undisclosed current liabilities | 575,085 | 10,000 | |||
| Total current liabilities: | 1,272,898 | 14,000 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 2,990,000 | 2,990,000 | |||
| Deferred compensation liability, classified | 2,990,000 | 2,990,000 | |||
| Total noncurrent liabilities: | 2,990,000 | 2,990,000 | |||
| Total liabilities: | 4,262,898 | 3,004,000 | |||
| Temporary equity, including noncontrolling interest | 70,373,065 | 154,823,318 | |||
| Equity | |||||
| Equity, attributable to parent | (4,199,112) | (2,138,385) | |||
| Common stock | 442 | 442 | |||
| Accumulated other comprehensive income | 1,521,171 | ||||
| Accumulated deficit | (4,199,554) | (3,659,998) | |||
| Total equity: | (4,199,112) | (2,138,385) | |||
| TOTAL LIABILITIES AND EQUITY: | 70,436,851 | 155,688,933 | |||
Income Statement (P&L) (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|---|
| Operating expenses | (1,460,753) | (478,676) | ||
| Operating loss: | (1,460,753) | (478,676) | ||
| Nonoperating income | 8,869,933 | 1,933,434 | ||
| Investment income, nonoperating | 8,869,907 | 2 | ||
| Net income attributable to parent: | 7,409,180 | 1,454,758 | ||
| Preferred stock dividends and other adjustments | 13,493,451 | |||
| Net income available to common stockholders, diluted: | 7,409,180 | 14,948,209 | ||
Comprehensive Income (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|---|
| Net income: | 7,409,180 | 1,454,758 | ||
| Comprehensive income: | 7,409,180 | 1,454,758 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,521,171) | 1,521,171 | ||
| Comprehensive income, net of tax, attributable to parent: | 5,888,009 | 2,975,929 | ||
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.