Kingswood Acquisition Corp. (KWAC) Financial Statements (2026 and earlier)

Company Profile

Business Address 17 BATTERY PLACE
NEW YORK, NY 10004
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)
Annual | Quarterly

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments277,511838,4781,457,839
Cash and cash equivalent277,511838,4781,457,839
Receivables 58,141  
Prepaid expense 132,740292,740
Total current assets:335,652971,2181,750,579
Noncurrent Assets
Asset, held-in-trust5,514,494117,861,531117,849,745
Total noncurrent assets:5,514,494117,861,531117,849,745
TOTAL ASSETS:5,850,146118,832,749119,600,324
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,849,284758,09579,617
Accounts payable  758,09579,617
Accrued liabilities   
Other undisclosed accounts payable and accrued liabilities3,849,284  
Debt1,351,662  
Due to related parties✕ 1,6671,667
Other undisclosed current liabilities31,151  
Total current liabilities:5,232,097759,76281,284
Noncurrent Liabilities
Other undisclosed noncurrent liabilities4,697,97810,468,10711,227,334
Total noncurrent liabilities:4,697,97810,468,10711,227,334
Total liabilities:9,930,07511,227,86911,308,618
Temporary equity, including noncontrolling interest  117,861,531117,849,745
Equity
Equity, attributable to parent, including:(9,291,603)(10,256,651)(9,558,039)
Accumulated deficit(9,291,901)(10,256,949)(9,558,337)
Other undisclosed equity, attributable to parent298298298
Other undisclosed equity5,211,674  
Total equity:(4,079,929)(10,256,651)(9,558,039)
TOTAL LIABILITIES AND EQUITY:5,850,146118,832,749119,600,324

Income Statement (P&L) (USD)
Annual | Quarterly

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Gross profit:(4,784,480)(1,208,657) 
Operating loss:(4,784,480)(1,208,657) 
Nonoperating income6,173,524762,922 
Investment income, nonoperating255,05711,906 
Income (loss) from continuing operations before income taxes:1,389,044(445,735) 
Income tax expense (benefit)(36,810)203,914 
Income (loss) from continuing operations:1,352,234(241,821) 
Loss before gain (loss) on sale of properties:✕✕(241,821)✕
Other undisclosed net loss  (203,914) 
Net income (loss) attributable to parent:1,352,234(445,735) 
Preferred stock dividends and other adjustments(387,186)(11,786) 
Other undisclosed net loss available to common stockholders, basic   
Net income (loss) available to common stockholders, diluted:965,048(457,521) 

Comprehensive Income (USD)
Annual | Quarterly

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Net income (loss):1,352,234(445,735) 
Comprehensive income (loss), net of tax, attributable to parent:1,352,234(445,735) 

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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