Pontem Corporation (PNTM) Financial Statements (2024 and earlier)

Company Profile

Business Address 2170 BUCKTHORNE PLACE, SUITE 320
THE WOODLANDS, TX 77380
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)

3/31/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments150,390266,889250,000
Cash and cash equivalents150,390266,889250,000
Prepaid expense39,109497,1105,000
Other undisclosed current assets   (250,000)
Total current assets:189,499763,9995,000
Noncurrent Assets
Asset, held-in-trust 257,435,609  
Deferred costs   557,602
Other undisclosed noncurrent assets442,593,911690,076,023 
Total noncurrent assets:700,029,520690,076,023557,602
TOTAL ASSETS:700,219,019690,840,022562,602
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities32,383833,32013,647
Accounts payable32,38327,142 
Accrued liabilities  806,17813,647
Debt300,000300,000300,000
Due to related parties   181,468
Other undisclosed current liabilities1,135,471292,38850,000
Total current liabilities:1,467,8541,425,708545,115
Noncurrent Liabilities
Liabilities, other than long-term debt31,677,46657,183,99049,802
Deferred revenue24,150,00024,150,000 
Deferred compensation liability, classified4,136,7162,787,46049,802
Derivative instruments and hedges, liabilities3,390,75030,246,530 
Total noncurrent liabilities:31,677,46657,183,99049,802
Total liabilities:33,145,32058,609,698594,917
Temporary equity, carrying amount699,929,520690,000,000 
Equity
Equity, attributable to parent, including:(32,855,821)(57,769,676)(32,315)
Additional paid in capital   23,275
Accumulated deficit(32,857,546)(57,771,401)(57,315)
Other undisclosed equity, attributable to parent1,7251,7251,725
Total equity:(32,855,821)(57,769,676)(32,315)
TOTAL LIABILITIES AND EQUITY:700,219,019690,840,022562,602

Income Statement (P&L) (USD)

3/31/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Operating expenses(3,099,567)(120,000) 
Other undisclosed operating loss  (4,300,030) 
Operating loss:(3,099,567)(4,420,030) 
Nonoperating income9,953,496152,046 
Investment income, nonoperating9,953,496152,046 
Other nonoperating income   
Interest and debt expense(306,220)(401,860) 
Income (loss) from continuing operations:6,547,709(4,669,844) 
Income (loss) before gain (loss) on sale of properties:(4,669,844)
Other undisclosed net income  14,434,070 
Net income:6,547,7099,764,226 
Other undisclosed net income attributable to parent28,295,666  
Net income available to common stockholders, diluted:34,843,3759,764,226 

Comprehensive Income (USD)

3/31/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Net income:6,547,7099,764,226 
Comprehensive income, net of tax, attributable to parent:6,547,7099,764,226 

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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