Mount Rainier Acquisition Corp. (RNER) financial statements (2022 and earlier)

Company profile

Business Address 256 WEST 38TH STREET 15TH FLOOR
NEW YORK, NY 10018
State of Incorp. DE
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments799
Cash and cash equivalents799
Prepaid expense311
Total current assets:1,110
Noncurrent Assets
Prepaid expense237
Assets held-in-trust175,954
Total noncurrent assets:176,190
TOTAL ASSETS:177,300
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities28
Accounts payable28
Due to related parties67
Other undisclosed current liabilities40
Total current liabilities:135
Noncurrent Liabilities
Other undisclosed noncurrent liabilities6,900
Total noncurrent liabilities:6,900
Total liabilities:7,035
Temporary equity, carrying amount175,950
Stockholders' equity
Stockholders' equity attributable to parent(5,684)
Common stock0
Accumulated deficit(5,685)
Total stockholders' equity:(5,684)
TOTAL LIABILITIES AND EQUITY:177,300

Income statement (P&L) ($ in thousands)

12/31/2021
Operating expenses(170)
Other undisclosed operating loss(68)
Operating loss:(237)
Nonoperating income
(Investment Income, Nonoperating)
4
Loss from continuing operations before income taxes:(234)
Income tax benefit49
Loss before gain (loss) on sale of properties:(185)
Other undisclosed net loss(49)
Net loss available to common stockholders, diluted:(234)

Comprehensive Income ($ in thousands)

12/31/2021
Net loss:(234)
Comprehensive loss, net of tax, attributable to parent:(234)

Statements sources

The financial statements are based on the company's filings with the 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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