Concord Acquisition Corp. (CND) financial statements (2022 and earlier)

Company profile

Business Address 477 MADISON AVENUE, 22ND FLOOR
NEW YORK, NY 10022
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
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1921,082
Cash and cash equivalents1921,082
Prepaid expense216466
Total current assets:4081,548
Noncurrent Assets
Assets held-in-trust276,050276,006
Total noncurrent assets:276,050276,006
TOTAL ASSETS:276,459277,554
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:194100
Other undisclosed accounts payable and accrued liabilities194100
Total current liabilities:194100
Noncurrent Liabilities
Other undisclosed noncurrent liabilities38,33511,913
Total noncurrent liabilities:38,33511,913
Total liabilities:38,52912,013
Temporary equity, carrying amount276,000276,000
Stockholders' equity
Stockholders' equity attributable to parent, including:(38,070)(10,459)
Common stock0 
Accumulated deficit(38,071)(10,460)
Other undisclosed stockholders' equity attributable to parent11
Total stockholders' equity:(38,070)(10,459)
TOTAL LIABILITIES AND EQUITY:276,459277,554

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

12/31/2021
12/31/2020
Other undisclosed gross profit276,000 
Gross profit:276,000 
Operating expenses(1,233) 
Other undisclosed operating loss(276,000) 
Operating loss:(1,233) 
Nonoperating expense(26,378) 
Interest and debt expense(100) 
Loss from continuing operations before income taxes:(27,711) 
Income tax expense(204) 
Loss before gain (loss) on sale of properties:(27,915) 
Other undisclosed net income304 
Net loss available to common stockholders, diluted:(27,611) 

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
Net loss:(27,611) 
Comprehensive loss, net of tax, attributable to parent:(27,611) 

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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