Mason Industrial Technology, Inc. (MIT) Financial Statements (2024 and earlier)

Company Profile

Business Address 110 E. 59TH STREET
NEW YORK, NY 10022
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 millions)

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1
Cash and cash equivalents 1
Prepaid expense 1
Total current assets: 1
Noncurrent Assets
Derivative instruments and hedges 0
Asset, held-in-trust 500
Other noncurrent assets 0
Total noncurrent assets: 500
TOTAL ASSETS: 502
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 0
Accounts payable 0
Other undisclosed current liabilities 0
Total current liabilities: 0
Noncurrent Liabilities
Liabilities, other than long-term debt 17
Derivative instruments and hedges, liabilities 17
Other undisclosed noncurrent liabilities 18
Total noncurrent liabilities: 34
Total liabilities: 35
Temporary equity, carrying amount 500
Equity
Equity, attributable to parent, including: (33)
Accumulated deficit (33)
Other undisclosed equity, attributable to parent 0
Total equity: (33)
TOTAL LIABILITIES AND EQUITY: 502

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

9/30/2022
TTM
12/31/2021
Revenues 1,070
Gross profit: 1,070
Operating expenses (2)
Operating income: 1,068
Nonoperating income
(Other Nonoperating income)
 19
Income from continuing operations before equity method investments, income taxes: 1,088
Other undisclosed loss from continuing operations before income taxes (1,070)
Income from continuing operations: 18
Income before gain (loss) on sale of properties:18
Net income available to common stockholders, diluted: 18

Comprehensive Income ($ in millions)

9/30/2022
TTM
12/31/2021
Net income: 18
Comprehensive income, net of tax, attributable to parent: 18

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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