European Biotech Acquisition Corp. (EBAC) Financial Statements (2024 and earlier)

Company Profile

Business Address EPFL INNOVATION PARK BUILDING
LAUSANNE, 1015
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments868,280
Cash and cash equivalents868,280
Prepaid expense48,190
Total current assets:916,470
Noncurrent Assets
Asset, held-in-trust127,556,289
Total noncurrent assets:127,556,289
TOTAL ASSETS:128,472,759
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities505,201
Accounts payable57,906
Accrued liabilities447,295
Other undisclosed current liabilities 
Total current liabilities:505,201
Noncurrent Liabilities
Liabilities, other than long-term debt2,641,980
Deferred compensation liability, classified 
Derivative instruments and hedges, liabilities2,641,980
Other undisclosed noncurrent liabilities4,464,174
Total noncurrent liabilities:7,106,154
Total liabilities:7,611,355
Temporary equity, carrying amount127,547,840
Equity
Equity, attributable to parent, including:(6,686,436)
Accumulated deficit(6,686,801)
Other undisclosed equity, attributable to parent365
Total equity:(6,686,436)
TOTAL LIABILITIES AND EQUITY:128,472,759

Income Statement (P&L) (USD)

12/31/2022
12/31/2021
Operating expenses(912,095)
Other undisclosed operating loss(187,742)
Operating loss:(1,099,837)
Nonoperating income
(Investment Income, Nonoperating)
8,445
Loss from continuing operations before equity method investments, income taxes:(1,091,392)
Other undisclosed income from continuing operations before income taxes 
Income (loss) from continuing operations:(1,091,392)
Loss before gain (loss) on sale of properties:(1,091,392)
Net income (loss):(1,091,392)
Other undisclosed net income attributable to parent 2,570,064
Net income available to common stockholders, diluted:1,478,672

Comprehensive Income (USD)

12/31/2022
12/31/2021
Net income (loss):(1,091,392)
Comprehensive income (loss), net of tax, attributable to parent:(1,091,392)

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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