Welsbach Technology Metals Acquisition Corp. (WTMAU) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4422 N. RAVENSWOOD AVE #1025 CHICAGO, IL 60640 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 1,185 | 6,760 | 213,182 | 1,200,956 | |||
| Cash and cash equivalent | 1,185 | 6,760 | 213,182 | 1,200,956 | |||
| Asset, held-in-trust | 79,645,156 | 75,000,011 | |||||
| Other undisclosed current assets | 14,077 | 833 | |||||
| Total current assets: | 15,262 | 7,593 | 79,858,338 | 76,200,967 | |||
| Noncurrent Assets | |||||||
| Intangible assets, net (including goodwill) | 5,000,001 | 5,000,001 | |||||
| Intangible assets, net (excluding goodwill) | 5,000,001 | 5,000,001 | |||||
| Asset, held-in-trust | 12,257,933 | 23,769,229 | |||||
| Restricted cash and investments | 161,449 | ||||||
| Total noncurrent assets: | 12,257,933 | 23,930,678 | 5,000,001 | 5,000,001 | |||
| Other undisclosed assets | (4,665,120) | (4,667,368) | |||||
| TOTAL ASSETS: | 12,273,195 | 23,938,271 | 80,193,219 | 76,533,600 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 2,929,443 | 3,429,646 | 1,999,315 | 60,750 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 60,750 | ||
| Accounts payable | 2,846,126 | 1,818,627 | |||||
| Accrued liabilities | 845,040 | 583,520 | 180,688 | ||||
| Other undisclosed accounts payable and accrued liabilities | 2,084,403 | ||||||
| Debt | 2,845,471 | 1,708,921 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 205,663 | 79,673 | ||
| Other undisclosed current liabilities | 5,296,040 | 373,663 | |||||
| Total current liabilities: | 8,225,483 | 6,648,780 | 3,913,899 | 140,423 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 2,704,690 | 2,625,000 | |||||
| Deferred compensation liability, classified | 2,704,690 | 2,625,000 | |||||
| Other undisclosed noncurrent liabilities | 2,704,690 | 2,704,690 | |||||
| Total noncurrent liabilities: | 2,704,690 | 2,704,690 | 2,704,690 | 2,625,000 | |||
| Total liabilities: | 10,930,173 | 9,353,470 | 6,618,589 | 2,765,423 | |||
| Temporary equity, including noncontrolling interest | 12,145,287 | 23,850,678 | 79,514,266 | 75,000,000 | |||
| Equity | |||||||
| Equity, attributable to parent | (10,802,265) | (9,265,877) | (5,939,636) | (1,231,823) | |||
| Common stock | 228 | 228 | 228 | 250 | |||
| Accumulated deficit | (10,802,493) | (9,266,105) | (5,939,864) | (1,232,073) | |||
| Total equity: | (10,802,265) | (9,265,877) | (5,939,636) | (1,231,823) | |||
| TOTAL LIABILITIES AND EQUITY: | 12,273,195 | 23,938,271 | 80,193,219 | 76,533,600 | |||
Income Statement (P&L) (USD)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Operating expenses | (1,428,060) | (2,022,981) | (3,331,190) | |||
| Other undisclosed operating loss | (154,785) | (200,000) | ||||
| Operating loss: | (1,582,845) | (2,222,981) | (3,331,190) | |||
| Nonoperating income | 808,868 | 2,168,659 | 1,121,159 | |||
| Investment income, nonoperating | 808,868 | 2,168,659 | 1,121,159 | |||
| Loss from continuing operations before income taxes: | (773,977) | (54,322) | (2,210,031) | |||
| Income tax expense | (125,950) | (180,688) | ||||
| Net loss attributable to parent: | (899,927) | (54,322) | (2,390,719) | |||
| Preferred stock dividends and other adjustments | (122,061) | (2,688,399) | 2,435,776 | |||
| Other undisclosed net loss available to common stockholders, basic | ||||||
| Net income (loss) available to common stockholders, diluted: | (1,021,988) | (2,742,721) | 45,057 | |||
Comprehensive Income (USD)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Net loss: | (899,927) | (54,322) | (2,390,719) | |||
| Comprehensive loss, net of tax, attributable to parent: | (899,927) | (54,322) | (2,390,719) | |||
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.