Longevity Acquisition Corporation (LOAC) Financial Statements (2026 and earlier)

Company Profile

Business Address YONGDA INTERNATIONAL TOWER NO. 2277
SHANGHAI, 20000
State of Incorp.
Fiscal Year End February 29
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
2/29/2020
Q4
11/30/2019
Q3
8/31/2019
Q2
5/31/2019
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,6071,74426,29491,731139,755438,585
Cash and cash equivalent6,6071,74426,29491,731139,755438,585
Other undisclosed current assets25,69568,945112,195112,36114,52855,042
Total current assets:32,30270,689138,489204,092154,283493,627
Noncurrent Assets
Restricted cash and investments14,505,51042,492,04442,412,99141,860,50341,286,74240,677,664
Total noncurrent assets:14,505,51042,492,04442,412,99141,860,50341,286,74240,677,664
TOTAL ASSETS:14,537,81242,562,73342,551,48042,064,59541,441,02541,171,291
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:337,007313,969262,877110,24070,54782,056
Other undisclosed accounts payable and accrued liabilities337,007313,969262,877110,24070,54782,056
Due to related parties      
Total current liabilities:337,007313,969262,877110,24070,54782,056
Noncurrent Liabilities
Long-term debt and lease obligation      
Long-term debt, excluding current maturities      
Liabilities, other than long-term debt1,791,9721,584,0001,500,0001,100,000400,000 
Due to related parties1,791,9721,584,0001,500,0001,100,000400,000 
Other undisclosed noncurrent liabilities1,000,0001,000,0001,000,0001,000,0001,000,0001,000,000
Total noncurrent liabilities:2,791,9722,584,0002,500,0002,100,0001,400,0001,000,000
Total liabilities:3,128,9792,897,9692,762,8772,210,2401,470,5471,082,056
Temporary equity, including noncontrolling interest6,408,82334,664,75534,788,59834,854,35234,970,46935,089,234
Equity
Equity, attributable to parent5,000,0105,000,0095,000,0055,000,0035,000,0095,000,001
Common stock5,629,3175,429,1785,305,3355,239,5815,123,4645,004,699
Accumulated deficit(629,307)(429,169)(305,330)(239,578)(123,455)(4,698)
Total equity:5,000,0105,000,0095,000,0055,000,0035,000,0095,000,001
TOTAL LIABILITIES AND EQUITY:14,537,81242,562,73342,551,48042,064,59541,441,02541,171,291

Income Statement (P&L) (USD)

11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
2/29/2020
Q4
11/30/2019
Q3
8/31/2019
Q2
5/31/2019
Q1
Gross profit:      (30,000)
Operating expenses(201,425)(168,892)(855,065)(289,884)(327,835)(242,723)
Other undisclosed operating income      30,000
Operating loss:(201,425)(168,892)(855,065)(289,884)(327,835)(242,723)
Nonoperating income1,28745,053586,509173,761209,078252,294
Investment income, nonoperating1,28745,053 180,135209,002245,996
Income (loss) from continuing operations:(200,138)(123,839)(268,556)(116,123)(118,757)9,571
Income (loss) before gain (loss) on sale of properties:(200,138)(123,839)(268,556)(116,123)(118,757)9,571
Net income (loss) attributable to parent:(200,138)(123,839)(268,556)(116,123)(118,757)9,571
Preferred stock dividends and other adjustments(474)(36,754)(470,557)(144,673)(177,089)(217,629)
Net loss available to common stockholders, diluted:(200,612)(160,593)(739,113)(260,796)(295,846)(208,058)

Comprehensive Income (USD)

11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
2/29/2020
Q4
11/30/2019
Q3
8/31/2019
Q2
5/31/2019
Q1
Net income (loss):(200,138)(123,839)(268,556)(116,123)(118,757)9,571
Comprehensive income (loss), net of tax, attributable to parent:(200,138)(123,839)(268,556)(116,123)(118,757)9,571

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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