Research Alliance Corp. II (RACB) Financial Statements (2024 and earlier)

Company Profile

Business Address 3172 NORTH RAINBOW BLVD.
LAS VEGAS, NV 89108
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)

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,050,573
Cash and cash equivalents 1,050,573
Prepaid expense 204,891
Total current assets: 1,255,464
Noncurrent Assets
Asset, held-in-trust 149,511,634
Total noncurrent assets: 149,511,634
TOTAL ASSETS: 150,767,098
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 178,441
Accounts payable 20,441
Accrued liabilities 158,000
Total current liabilities: 178,441
Noncurrent Liabilities
Other undisclosed noncurrent liabilities 5,232,500
Total noncurrent liabilities: 5,232,500
Total liabilities: 5,410,941
Equity
Equity, attributable to parent, including: (4,143,843)
Accumulated deficit (4,144,267)
Other undisclosed equity, attributable to parent 424
Other undisclosed equity 149,500,000
Total equity: 145,356,157
TOTAL LIABILITIES AND EQUITY: 150,767,098

Income Statement (P&L) (USD)

9/30/2022
TTM
12/31/2021
Operating expenses (467,639)
Operating loss: (467,639)
Nonoperating income
(Investment Income, Nonoperating)
 11,634
Loss from continuing operations: (456,005)
Loss before gain (loss) on sale of properties:(456,005)
Net loss available to common stockholders, diluted: (456,005)

Comprehensive Income (USD)

9/30/2022
TTM
12/31/2021
Net loss: (456,005)
Comprehensive loss, net of tax, attributable to parent: (456,005)

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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