Equity Distribution Acquisition Corp. (EQD) financial statements (2022 and earlier)

Company profile

Business Address TWO NORTH RIVERSIDE PLAZA, SUITE 600
CHICAGO, IL 60606
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 investments584883
Cash and cash equivalents584883
Prepaid expense110263
Other undisclosed current assets16 
Total current assets:7111,145
Noncurrent Assets
Assets held-in-trust414,127414,118
Total noncurrent assets:414,127414,118
TOTAL ASSETS:414,838415,263
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,132219
Accrued liabilities1,132219
Due to related parties750 
Total current liabilities:1,882219
Noncurrent Liabilities
Other undisclosed noncurrent liabilities29,77351,459
Total noncurrent liabilities:29,77351,459
Total liabilities:31,65651,679
Stockholders' equity
Stockholders' equity attributable to parent, including:(30,818)(50,436)
Accumulated deficit(30,819)(50,437)
Other undisclosed stockholders' equity attributable to parent11
Other undisclosed stockholders' equity414,000414,021
Total stockholders' equity:383,182363,585
TOTAL LIABILITIES AND EQUITY:414,838415,263

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

12/31/2021
12/31/2020
Operating expenses(2,235) 
Operating loss:(2,235) 
Nonoperating income21,833 
Income from continuing operations before income taxes:19,598 
Income tax expense(439) 
Net income:19,159 
Other undisclosed net income attributable to parent439 
Net income available to common stockholders, diluted:19,598 

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
Net income:19,159 
Comprehensive income, net of tax, attributable to parent:19,159 

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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