Relativity Acquisition Corp (RACYW) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3753 HOWARD HUGHES PARKWAY, SUITE 200 LAS VEGAS, NV 89619 |
| 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)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,429,804 | 42,194 | |||
| Cash and cash equivalents | 1,429,804 | 42,194 | |||
| Receivables | 3,047 | ||||
| Prepaid expense | 55,389 | 5,000 | |||
| Other undisclosed current assets | |||||
| Total current assets: | 1,488,240 | 47,194 | |||
| Noncurrent Assets | |||||
| Asset, held-in-trust | 1,671,810 | ||||
| Deferred costs | 2,154,011 | ||||
| Total noncurrent assets: | 1,671,810 | 2,154,011 | |||
| TOTAL ASSETS: | 3,160,050 | 2,201,205 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 656,994 | 89,146 | |||
| Taxes payable | ✕ | ✕ | 1,505 | ||
| Accrued liabilities | 656,994 | 87,641 | |||
| Debt | 96,763 | ||||
| Due to related parties | ✕ | 5,059 | 25,000 | ||
| Total current liabilities: | 662,053 | 210,909 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 453,122 | ||||
| Derivative instruments and hedges, liabilities | 453,122 | ||||
| Total noncurrent liabilities: | 453,122 | ||||
| Total liabilities: | 1,115,175 | 210,909 | |||
| Temporary equity, carrying amount | 1,805,814 | ||||
| Equity | |||||
| Equity, attributable to parent, including: | 239,061 | 1,990,296 | |||
| Common stock | 65 | ||||
| Common stock, share subscribed but unissued, subscriptions receivable | (1,972,398) | (1,972,398) | |||
| Additional paid in capital | 1,999,509 | ||||
| Retained earnings (accumulated deficit) | 238,637 | (7,102) | |||
| Warrants and rights outstanding | |||||
| Stockholders' equity note, subscriptions receivable | (2,470) | ||||
| Other undisclosed equity, attributable to parent | 1,972,757 | 1,972,757 | |||
| Total equity: | 239,061 | 1,990,296 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,160,050 | 2,201,205 | |||
Income Statement (P&L) (USD)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Operating expenses | (1,104,757) | |||
| Operating loss: | (1,104,757) | |||
| Nonoperating income | 6,280,990 | |||
| Investment income, nonoperating | ||||
| Other nonoperating income | 6,280,990 | |||
| Interest and debt expense | (1,000) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||
| Income from continuing operations before equity method investments, income taxes: | 5,175,233 | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,000 | |||
| Income (loss) from continuing operations before income taxes: | 5,176,233 | |||
| Income tax expense | (423,338) | |||
| Net income (loss) attributable to parent: | 4,752,895 | |||
| Preferred stock dividends and other adjustments | 146,413,246 | |||
| Other undisclosed net loss available to common stockholders, basic | (150,151,192) | |||
| Net income (loss) available to common stockholders, diluted: | 1,014,949 | |||
Comprehensive Income (USD)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net income (loss): | 4,752,895 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,752,895 | |||
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.