Mallard Acquisition Corp. (MACU) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
19701 BETHEL CHURCH ROAD #302 CORNELIUS, NC 28031 |
| 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)
| 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 782,937 | |||
| Cash and cash equivalents | 782,937 | |||
| Prepaid expense | 292,552 | |||
| Total current assets: | 1,075,489 | |||
| Noncurrent Assets | ||||
| Long-term investments and receivables | ||||
| Long-term investments | ||||
| Asset, held-in-trust | 111,101,918 | |||
| Total noncurrent assets: | 111,101,918 | |||
| TOTAL ASSETS: | 112,177,407 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 106,241 | |||
| Accrued liabilities | 106,241 | |||
| Other undisclosed accounts payable and accrued liabilities | ||||
| Due to related parties | ||||
| Total current liabilities: | 106,241 | |||
| Noncurrent Liabilities | ||||
| Other undisclosed noncurrent liabilities | ||||
| Total noncurrent liabilities: | ||||
| Other undisclosed liabilities | 19,600,000 | |||
| Total liabilities: | 19,706,241 | |||
| Temporary equity, carrying amount | 111,100,000 | |||
| Equity | ||||
| Equity, attributable to parent | (18,628,834) | |||
| Common stock | 275 | |||
| Accumulated deficit | (18,629,109) | |||
| Total equity: | (18,628,834) | |||
| TOTAL LIABILITIES AND EQUITY: | 112,177,407 | |||
Income Statement (P&L) (USD)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Operating expenses | |||
| Operating loss: | |||
| Loss from continuing operations before income taxes: | |||
| Income tax expense (benefit) | 961,502 | ||
| Income (loss) from continuing operations: | 961,502 | ||
| Income (loss) before gain (loss) on sale of properties: | 961,502 | ||
| Other undisclosed net income | |||
| Net income available to common stockholders, diluted: | 961,502 | ||
Comprehensive Income (USD)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Net income: | 961,502 | ||
| Comprehensive income, net of tax, attributable to parent: | 961,502 | ||
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.