TG Venture Acquisition Corp. (TGVC) Financial Statements (2024 and earlier)

Company Profile

Business Address 1390 MARKET STREET
SAN FRANCISCO, CA 94102
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) ($ in thousands)

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 investments80921147252290344
Cash and cash equivalents80921147252290344
Prepaid expense60115141260381470
Other undisclosed current assets107     
Total current assets:976136288512670814
Noncurrent Assets
Prepaid expense      36
Asset, held-in-trust14,284120,003118,957117,965117,435117,322
Total noncurrent assets:14,284120,003118,957117,965117,435117,358
TOTAL ASSETS:15,260120,140119,244118,476118,106118,173
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7785262681413 
Taxes payable701
Accrued liabilities778526268701 
Due to related parties 542
Other undisclosed current liabilities4,6512,4811,562197200160
Total current liabilities:5,4303,0061,830343207163
Noncurrent Liabilities
Total liabilities:5,4303,0061,830343207163
Temporary equity, carrying amount14,299119,248118,309117,565117,300117,300
Equity
Equity, attributable to parent, including:(4,468)(2,115)(895)569599710
Additional paid in capital  961,0361,7802,0452,045
Accumulated deficit(4,468)(2,212)(1,931)(1,211)(1,446)(1,335)
Other undisclosed equity, attributable to parent000000
Total equity:(4,468)(2,115)(895)569599710
TOTAL LIABILITIES AND EQUITY:15,260120,140119,244118,476118,106118,173

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

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
Revenues  1,150   1,150
Underwriting income1,150
Revenues, excluding interest and dividends  1,150   1,150
Gross profit:  1,150   1,150
Operating expenses(1,239)(1,285)(1,514)(226)(223)(276)
Other undisclosed operating loss  (1,150)   (1,150)
Operating loss:(1,239)(1,285)(1,514)(226)(223)(276)
Nonoperating income7591,26199252911314
Income (loss) from continuing operations before income taxes:(481)(24)(522)303(109)(262)
Income tax expense(146)(257)(198)(69)(1) 
Income (loss) from continuing operations:(626)(281)(719)234(111)(262)
Income (loss) before gain (loss) on sale of properties:234(111)(262)
Net income (loss) available to common stockholders, diluted:(626)(281)(719)234(111)(262)

Comprehensive Income ($ in thousands)

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):(626)(281)(719)234(111)(262)
Comprehensive income (loss), net of tax, attributable to parent:(626)(281)(719)234(111)(262)

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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