RMG Acquisition Corp. III (RMGC) Financial Statements (2024 and earlier)

Company Profile

Business Address 57 OCEAN, SUITE 403
MIAMI BEACH, FL 33140
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 362 - Electrical Industrial Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments35,38715,05522,33985,886139,198233,928
Cash and cash equivalents35,38715,05522,33985,886139,198233,928
Prepaid expense47,083118,31750,892214,892378,141542,142
Total current assets:82,470133,37273,231300,778517,339776,070
Noncurrent Assets
Asset, held-in-trust10,186,30010,683,049487,268,822485,865,952483,685,955483,060,748
Total noncurrent assets:10,186,30010,683,049487,268,822485,865,952483,685,955483,060,748
TOTAL ASSETS:10,268,77010,816,421487,342,053486,166,730484,203,294483,836,818
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities132,241350,547153,571136,150142,835125,508
Accounts payable132,241350,547153,571136,150142,835125,508
Debt850,000750,000500,000  375,000
Due to related parties180,000120,00060,000  
Other undisclosed current liabilities5,809,4571,845,834399,845441,440417,62045,127
Total current liabilities:6,791,6983,126,3811,173,416637,590560,455545,635
Noncurrent Liabilities
Long-term debt and lease obligation850,000750,000500,000498,729496,393369,113
Long-term debt, excluding current maturities850,000750,000500,000498,729496,393369,113
Other undisclosed noncurrent liabilities8,980,18419,747,06817,691,30019,282,24018,585,10025,045,620
Total noncurrent liabilities:9,830,18420,497,06818,191,30019,780,96919,081,49325,414,733
Total liabilities:16,621,88223,623,44919,364,71620,418,55919,641,94825,960,368
Temporary equity, carrying amount9,184,02010,583,049487,168,822485,765,952483,585,955483,000,000
Equity
Equity, attributable to parent, including:(15,537,132)(23,390,077)(19,191,485)(20,017,781)(19,024,609)(25,123,550)
Additional paid in capital9,702,408     
Accumulated deficit(25,240,748)(23,391,285)(19,192,693)(20,018,989)(19,025,817)(25,124,758)
Other undisclosed equity, attributable to parent1,2081,2081,2081,2081,2081,208
Total equity:(15,537,132)(23,390,077)(19,191,485)(20,017,781)(19,024,609)(25,123,550)
TOTAL LIABILITIES AND EQUITY:10,268,77010,816,421487,342,053486,166,730484,203,294483,836,818

Income Statement (P&L) (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Operating expenses(4,395,173)(2,142,881)(779,873)(293,696)(425,561)(689,613)
Operating loss:(4,395,173)(2,142,881)(779,873)(293,696)(425,561)(689,613)
Nonoperating income (expense)1,146,681(637,852)3,009,0391,480,5217,110,4576,464,803
Income (loss) from continuing operations:(3,248,492)(2,780,733)2,229,1661,186,8256,684,8965,775,190
Income before gain (loss) on sale of properties:1,186,8256,684,8965,775,190
Net income (loss) available to common stockholders, diluted:(3,248,492)(2,780,733)2,229,1661,186,8256,684,8965,775,190

Comprehensive Income (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(3,248,492)(2,780,733)2,229,1661,186,8256,684,8965,775,190
Comprehensive income (loss), net of tax, attributable to parent:(3,248,492)(2,780,733)2,229,1661,186,8256,684,8965,775,190

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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