Complete Filing Data
Flag Ship Acquisition Corp reported Stockholders Equity of -$220.6 thousand for FY2022.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Flag Ship Acquisition Corp did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 |
|---|---|---|
| Net Income * | $909.8K | -$62.4K |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $909.8K | -$62.4K |
| General And Administrative Expense | $889.3K | $62.4K |
| Basic And Diluted Net Income Loss Ordinary Shares Attributable To Flag Ship Acquisition Corporation | 0.17 | -0.03 |
| Net Income Loss Available To Common Stockholders Basic | $909.8K | -$62.4K |
| Basic And Diluted Net Income Loss Per Ordinary Shares Subject To Possible Redemption |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income * | $453.5K | $589.6K | $577.7K | $488.3K | $19.9K | -$75.8K | -$45.8K | $2.5K | -$2.5K |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $453.5K | $589.6K | $577.7K | $488.3K | $19.9K | -$75.8K | -$45.8K | $2.5K | |
| General And Administrative Expense | $236.6K | $152.6K | $162.1K | $403.0K | $78.0K | $75.8K | $45.8K | $1.7K | |
| Basic And Diluted Net Income Loss Ordinary Shares Attributable To Flag Ship Acquisition Corporation | 0.06 | 0.07 | 0.07 | 0.06 | 0.01 | -0.05 | -0.03 | 0.00 | |
| Net Income Loss Available To Common Stockholders Basic | $577.7K | $488.3K | $19.9K | -$75.8K | -$45.8K | $2.5K | |||
| Basic And Diluted Net Income Loss Per Ordinary Shares Subject To Possible Redemption | 0.01 |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Stockholders Equity | -$220.6K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $182.4K | ||
| Retained Earnings Accumulated Deficit | -$308.0K | ||
| Liabilities Current | $433.6K | ||
| Liabilities And Stockholders Equity | $150.5K | ||
| Liabilities | $433.6K | ||
| Common Stock Value | $1.7K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | -$39.5K | -$66.2K | |
| Assets Current | $120.5K | ||
| Assets | $150.5K | ||
| Temporary Equity Value Excluding Additional Paid In Capital | |||
| Assets Held In Trust Noncurrent | |||
| Accrued Liabilities Current | |||
| Deferred Underwriting Compensation | |||
| Dividend Income Earned In Investments Held In Trust Account | $1.8M | ||
| Accrued Underwriting Compensation | $1.7M | ||
| Dividend Income Earned In Cash And Investments Held In Trust Account | |||
| Deferred Offering Costs | $30.0K | ||
| Deferred Offering Cost | $30.0K | ||
| Prepaid Expense And Other Assets | |||
| Deferred Compensation Liability Classified Noncurrent |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity | -$2.9M | -$2.6M | -$2.4M | -$2.3M | -$1.9M | -$1.5M | -$358.8K | -$283.0K | -$266.4K | -$220.6K | -$223.1K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $18.8K | $19.8K | $35.7K | $76.7K | $215.00 | $105.6K | $40.7K | $116.2K | $130.4K | $176.3K | |
| Retained Earnings Accumulated Deficit | -$2.9M | -$2.6M | -$2.4M | -$2.3M | -$1.9M | -$1.5M | |||||
| Liabilities Current | $1.2M | $939.1K | $858.5K | $712.2K | $328.0K | $41.9K | |||||
| Liabilities And Stockholders Equity | $32.6M | $72.4M | $71.7M | $71.0M | $70.1M | $69.3M | |||||
| Liabilities | $2.9M | $2.7M | $2.6M | $2.4M | $2.1M | $1.8M | |||||
| Common Stock Value | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | |||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | -$41.0K | -$75.5K | |||||||||
| Assets Current | $54.7K | $84.6K | $156.7K | $172.5K | $120.8K | $237.7K | |||||
| Assets | $32.6M | $72.4M | $71.7M | $71.0M | $70.1M | $69.3M | |||||
| Temporary Equity Value Excluding Additional Paid In Capital | $32.6M | $72.3M | $71.5M | $70.8M | $70.0M | $69.1M | |||||
| Assets Held In Trust Noncurrent | $32.6M | $72.3M | $71.5M | $70.8M | $70.0M | $69.1M | |||||
| Accrued Liabilities Current | $35.4K | $8.7K | $8.2K | $34.4K | $10.4K | $31.9K | |||||
| Deferred Underwriting Compensation | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | ||||||
| Dividend Income Earned In Investments Held In Trust Account | $739.8K | $891.3K | $97.9K | ||||||||
| Accrued Underwriting Compensation | |||||||||||
| Dividend Income Earned In Cash And Investments Held In Trust Account | $739.8K | ||||||||||
| Deferred Offering Costs | |||||||||||
| Deferred Offering Cost | |||||||||||
| Prepaid Expense And Other Assets | $35.9K | $95.7K | |||||||||
| Deferred Compensation Liability Classified Noncurrent | $1.7M | $1.7M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 |
|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$876.3K | -$66.8K |
| Net Cash Provided By Used In Financing Activities | $69.8M | $580.00 |
| Increase Decrease In Accrued Liabilities | $34.4K | -$4.5K |
| Increase Decrease In Prepayments And Deposits | $91.4K | -$133.00 |
| Net Cash Provided By Used In Investing Activities | -$69.0M | |
| Proceeds From Issuance Of Private Placement | $2.4M | |
| Increase Decrease In Due To Related Parties | $40.0K | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2025 | Q1 2024 |
|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$183.5K | -$70.5K |
| Net Cash Provided By Used In Financing Activities | $142.5K | -$5.0K |
| Increase Decrease In Accrued Liabilities | -$26.2K | $3.9K |
| Increase Decrease In Prepayments And Deposits | $25.3K | -$1.4K |
| Net Cash Provided By Used In Investing Activities | ||
| Proceeds From Issuance Of Private Placement | ||
| Increase Decrease In Due To Related Parties | $30.0K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 |
|---|---|---|
| Basic And Diluted Weighted Average Shares Outstanding Ordinary Shares Attributable To Flag Ship Acquisition Corporation | 1.9M | 1.5M |
| Basic And Diluted Weighted Average Shares Outstanding Ordinary Shares Subject To Possible Redemption | 3.7M | |
| Temporary Equity Shares Outstanding | 0.00 | |
| Temporary Equity Shares Issued | 0.00 | |
| Temporary Equity Par Or Stated Value Per Share | $0.00 | |
| Common Stock Shares Outstanding | 1.7M | |
| Common Stock Shares Issued | 1.7M | |
| Common Stock Shares Authorized | 50.0M | |
| Common Stock Par Or Stated Value Per Share | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Basic And Diluted Weighted Average Shares Outstanding Ordinary Shares Attributable To Flag Ship Acquisition Corporation | 2.0M | 2.0M | 2.0M | 2.0M | 1.8M | 1.5M | 1.5M | 1.7M | |
| Basic And Diluted Weighted Average Shares Outstanding Ordinary Shares Subject To Possible Redemption | 5.3M | 6.9M | 6.9M | 6.9M | 758.2K | ||||
| Temporary Equity Shares Outstanding | 3.1M | 6.9M | 6.9M | 6.9M | 6.9M | 6.9M | |||
| Temporary Equity Shares Issued | 3.1M | 6.9M | 6.9M | 6.9M | 6.9M | 6.9M | |||
| Temporary Equity Par Or Stated Value Per Share | $10.64 | $10.48 | $10.37 | $10.26 | $10.14 | $10.01 | |||
| Common Stock Shares Outstanding | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | |||
| Common Stock Shares Issued | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | |||
| Common Stock Shares Authorized | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | |||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 |
|---|---|---|
| Other Operating Income Expense Net | $1.8M | |
| Subsequent Remeasurement Of Ordinary Shares Subject To Redemption | -1.8M | |
| Promissory Note Related Party | $433.6K | |
| Basic And Diluted Net Income Per Ordinary Shares Subject To Possible Redemption | 0.17 | |
| Prepayments And Deposits | $4.3K | |
| Subsequent Remeasurement Of Ordinary Shares Subject To Possible Redemption | 1.8M | |
| Investment Income Interest And Dividend | ||
| Stock Issued During Period Value New Issues | $65.5M | |
| Sale Of Units To Founder In Private Placement | $2.4M | |
| Initial Classification Of Ordinary Shares Subject To Possible Redemption | -64.7M | |
| Allocation Of Offering Costs To Ordinary Shares Subject To Redemption | 3.2M | |
| Accretion Of Carrying Value To Redemption Value | -$7.6M | |
| Proceed From Public Offering Net Of Offering Costs | $67.3M | |
| Proceeds Deposited In Trust Account | -$69.0M | |
| Other Income | ||
| Initial Classification Of Ordinary Shares Subject To Possible Redemptions | 64.7M | |
| Allocation Of Offering Costs To Ordinary Shares Subject To Possible Redemption | 3.2M | |
| Advances From Related Party | $637.9K | $580.00 |
| Additional Paid In Capital | $23.3K | |
| Accretion Of Carrying Value To Redemptions Value | $7.6M | |
| Amount Due To Related Party | ||
| Repayment To Related Party | $433.6K | |
| Promissory Notes Related Party |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Other Operating Income Expense Net | $690.1K | $742.3K | $739.8K | $891.3K | $97.9K | $4.3K | |||
| Subsequent Remeasurement Of Ordinary Shares Subject To Redemption | -690.1K | -742.3K | -739.8K | -891.3K | -97.9K | ||||
| Promissory Note Related Party | $1.2M | $930.4K | $850.4K | $677.9K | $317.6K | $0.00 | |||
| Basic And Diluted Net Income Per Ordinary Shares Subject To Possible Redemption | 0.06 | 0.07 | 0.07 | 0.06 | 0.01 | ||||
| Prepayments And Deposits | $64.9K | $121.0K | $95.7K | $120.5K | $132.0K | ||||
| Subsequent Remeasurement Of Ordinary Shares Subject To Possible Redemption | 739.8K | ||||||||
| Investment Income Interest And Dividend | $690.1K | $742.3K | $891.3K | $97.9K | |||||
| Stock Issued During Period Value New Issues | $65.5M | ||||||||
| Sale Of Units To Founder In Private Placement | $2.4M | ||||||||
| Initial Classification Of Ordinary Shares Subject To Possible Redemption | -64.7M | ||||||||
| Allocation Of Offering Costs To Ordinary Shares Subject To Redemption | 3.2M | ||||||||
| Accretion Of Carrying Value To Redemption Value | -$7.6M | ||||||||
| Proceed From Public Offering Net Of Offering Costs | -$5.0K | ||||||||
| Proceeds Deposited In Trust Account | |||||||||
| Other Income | $4.3K | ||||||||
| Initial Classification Of Ordinary Shares Subject To Possible Redemptions | |||||||||
| Allocation Of Offering Costs To Ordinary Shares Subject To Possible Redemption | |||||||||
| Advances From Related Party | |||||||||
| Additional Paid In Capital | |||||||||
| Accretion Of Carrying Value To Redemptions Value | |||||||||
| Amount Due To Related Party | $10.0K | $0.00 | |||||||
| Repayment To Related Party | |||||||||
| Promissory Notes Related Party | $142.5K |
Most recent annual filing with the SEC: March 4, 2025
Data sourced from SEC EDGAR public filings as of August 6, 2026.