Horizon Space Acquisition I Corp. Financial Summary

Complete Filing Data

Horizon Space Acquisition I Corp. reported Stockholders Equity of -$1.74 million 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 Horizon Space Acquisition I 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 YearFY2024FY2023
Net Income *$2.1M$2.9M
Operating Income Loss-$1.1M-$560.2K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Net Income *$149.0K$75.9K$71.5K$296.4K$629.2K$733.5K$794.0K$757.3K$698.7K-$650.00-$3.2K
Operating Income Loss-$87.4K-$154.0K-$153.3K-$499.3K-$155.0K-$147.7K-$142.2K-$67.6K-$117.4K-$650.00-$3.2K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Stockholders Equity-$1.7M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$561.4K
Retained Earnings Accumulated Deficit-$2.5M-$1.7M
Liabilities Current$413.7K$34.8K
Liabilities And Stockholders Equity$68.2M$70.9M
Liabilities$2.8M$2.4M
Common Stock Value$231.00$231.00
Assets Held In Trust Noncurrent$67.9M$70.2M
Assets Current$298.9K$685.5K
Assets$68.2M$70.9M
Accounts Payable And Accrued Liabilities Current$133.7K$34.8K
Deferred Underwriters Discount Non Current$2.4M$2.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$275.5K-$278.1K
Offering Costs Included In Accrued Expenses$0.00$45.0K
Notes Payable Related Party Classified Current$70.0K$70.0K$0.00
Notes Payable Current
Interest And Dividend Income On Investments Held In Trust Account
Deferred Underwriting Commission Charged To Additional Paid In Capital$0.00
Cash And Cash Equivalents At Carrying Value
Unrealized Gain Loss On Investments

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Stockholders Equity-$5.9M-$5.4M-$4.9M-$4.4M-$3.9M-$3.2M-$2.9M-$2.5M-$2.2M-$2.0M-$1.9M$21.1K-$3.2K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$7.7K$13.3K$50.8K$7.8K$128.2K$21.9K$93.1K$283.3K$289.5K$374.6K$402.8K$0.00$0.00
Retained Earnings Accumulated Deficit-$5.9M-$5.4M-$4.9M-$4.4M-$3.9M-$3.2M-$2.9M-$2.2M-$2.0M-$1.9M
Liabilities Current$3.5M$3.1M$2.6M$2.0M$1.6M$879.7K$616.3K$124.5K$45.0K$8.0K
Liabilities And Stockholders Equity$23.1M$22.6M$22.0M$21.3M$62.3M$61.2M$60.3M$73.2M$72.3M$71.6M
Liabilities$5.9M$5.5M$5.0M$4.4M$4.0M$3.3M$3.0M$2.5M$2.5M$2.4M
Common Stock Value$231.00$231.00$231.00$231.00$231.00$231.00$231.00$231.00$231.00$231.00
Assets Held In Trust Noncurrent$23.1M$22.5M$21.9M$21.3M$62.1M$61.1M$60.2M$72.9M$71.9M$71.0M
Assets Current$28.9K$55.8K$114.6K$7.8K$148.4K$82.3K$153.9K$352.6K$485.3K$560.9K
Assets$23.1M$22.6M$22.0M$21.3M$62.3M$61.2M$60.3M$73.2M$72.3M$71.6M
Accounts Payable And Accrued Liabilities Current$257.7K$197.1K$211.9K$201.8K$285.2K$19.7K$136.3K$54.5K$45.0K$8.0K
Deferred Underwriters Discount Non Current$2.4M$2.4M$2.4M$2.4M$2.4M$2.4M$2.4M$2.4M$2.4M$2.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$43.0K-$190.2K-$158.7K$0.00$0.00
Offering Costs Included In Accrued Expenses$0.00$0.00
Notes Payable Related Party Classified Current$70.0K$70.0K
Notes Payable Current$2.0M$1.7M$1.4M$1.0M
Interest And Dividend Income On Investments Held In Trust Account$0.00
Deferred Underwriting Commission Charged To Additional Paid In Capital
Cash And Cash Equivalents At Carrying Value$402.8K$561.4K
Unrealized Gain Loss On Investments$816.1K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Net Cash Provided By Used In Operating Activities-$975.5K-$378.1K
Increase Decrease In Prepaid Expense$15.6K$108.4K
Increase Decrease In Accounts Payable And Accrued Liabilities$68.1K$53.9K
Net Cash Provided By Used In Investing Activities$49.8M$5.7M
Proceeds From Sale Of Other Investments$50.6M$78.1M
Net Cash Provided By Used In Financing Activities-$49.1M-$5.6M
Increase Decrease In Prepaid Expense Noncurrent$0.00$19.7K
Proceeds From Related Party Debt$0.00
Payments To Acquire Leases Held For Investment$0.00$72.1M
Proceeds From Promissory Notes$210.0K
Proceeds From Notes Payable
Share Based Compensation$0.00$93.8K
Payments To Acquire Other Investments
Proceeds From Issuance Of Private Placement$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q3 2022Q2 2022
Net Cash Provided By Used In Operating Activities-$207.0K-$190.2K-$158.7K-$3.9K$0.00
Increase Decrease In Prepaid Expense$63.8K$45.1K$34.1K$0.00$0.00
Increase Decrease In Accounts Payable And Accrued Liabilities$10.0K$2.6K-$26.8K$0.00-$3.2K
Net Cash Provided By Used In Investing Activities-$360.0K$8.7M$0.00$0.00$0.00
Proceeds From Sale Of Other Investments$0.00$8.9M$0.00$0.00$0.00
Net Cash Provided By Used In Financing Activities$610.0K-$8.7M$0.00$3.9K
Increase Decrease In Prepaid Expense Noncurrent$0.00-$19.7K$0.00
Proceeds From Related Party Debt$250.0K$0.00
Payments To Acquire Leases Held For Investment
Proceeds From Promissory Notes$200.0K$0.00
Proceeds From Notes Payable$360.0K$200.0K
Share Based Compensation
Payments To Acquire Other Investments$0.00$0.00
Proceeds From Issuance Of Private Placement

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Common Stock Par Or Stated Value Per Share$0.00$0.00
Common Stock Shares Issued2.3M2.3M
Basic And Diluted Weighted Average Redeemable Ordinary Shares Outstanding5.6M6.8M
Preferred Stock Shares Outstanding0.000.00
Preferred Stock Shares Issued0.000.00
Preferred Stock Shares Authorized10.0M10.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00
Ordinary Shares Possible Redemption Value Per Share$10.72$10.18
Common Stock Shares Outstanding2.3M2.3M
Common Stock Shares Authorized490.0M490.0M
Basic And Diluted Weighted Average Non Redeemables Ordinary Shares Outstanding
Basic And Diluted Weighted Average Non Redeemable Ordinary Shares Outstanding2.3M2.3M
Founder Shares Issued To Initial Shareholders Amount
Shares Issued200.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Issued2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M10.0K
Basic And Diluted Weighted Average Redeemable Ordinary Shares Outstanding1.9M1.9M1.9M5.5M5.5M6.3M6.9M6.9M6.9M
Preferred Stock Shares Outstanding0.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Issued0.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized10.0M10.0M10.0M10.0M10.0M10.0M10.0M10.0M10.0M10.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Ordinary Shares Possible Redemption Value Per Share$12.43$12.11$11.79$11.48$11.25$11.07$10.90$10.56$10.42$10.30
Common Stock Shares Outstanding2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M
Common Stock Shares Authorized490.0M490.0M490.0M490.0M490.0M490.0M490.0M490.0M490.0M490.0M
Basic And Diluted Weighted Average Non Redeemables Ordinary Shares Outstanding2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M2.3M
Basic And Diluted Weighted Average Non Redeemable Ordinary Shares Outstanding2.3M2.3M2.3M1.5M1.5M
Founder Shares Issued To Initial Shareholders Amount25.0K1.00
Shares Issued200.0K200.0K

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Operating Costs And Expenses$1.1M$560.2K
Basic And Diluted Net Loss Per Non Redeemable Ordinary Share-$0.23-$0.08
Basic And Diluted Net Income Per Redeemable Ordinary Shares0.470.46
Investment Income Interest And Dividend$3.2M$3.5M
Subsequent Accretion Of Redemption Net Value-$4.0M-$3.7M
Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares67.9M70.2M
Prepaid Expense Current$15.6K$124.1K
Ordinary Shares Possible Redemption6.3M6.9M
Additional Paid In Capital$0.00$0.00
Subsequent Accretion Of Carrying Value Of Public Shares To Redemption Value
Subsequent Accretion Of Carrying Value For Public Shares To Redemption Value-4.0M-3.7M
Promissory Notes Current$1.0M$210.0K$0.00
Extension Loan Related Party Amount
Prepaid Expense Noncurrent$0.00$19.7K
Ordinary Shares Redemption50.6M5.9M
Monthly Extension Fee Deposited Into Trust Account$800.0K$280.0K
Initial Accretion Of Carrying Value To Redemption Value
Working Capital Loan From Related Party Amount
Payment For Ordinary Shares Redemption
Payment For Monthly Extension Fee Deposited Into Trust Account
Offering Cost-$45.0K
Subsequent Accretion Of Carrying Value Or Public Shares To Redemption Value0.00
Capital Loan From Related Party Adjusted Balance
Offering Costs Paid By Sponsor In Exchange For Issuance Of Ordinary Shares0.00
Issuance Of Representative Shares0.00
Founder Shares Surrendered Amount

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Operating Costs And Expenses$87.4K$154.0K$153.3K$499.3K$155.0K$147.7K$142.2K$67.6K$117.4K$650.00$3.2K
Basic And Diluted Net Loss Per Non Redeemable Ordinary Share-$0.11-$0.12-$0.12-$0.09-$0.04-$0.04-$0.02-$0.01-$0.01$0.00$0.00
Basic And Diluted Net Income Per Redeemable Ordinary Shares0.210.190.190.090.130.130.120.110.110.000.00
Investment Income Interest And Dividend$236.5K$229.9K$224.8K$795.7K$784.2K$881.1K$936.2K$824.9K$816.1K$0.00$0.00
Subsequent Accretion Of Redemption Net Value-$596.5K-$589.9K-$584.8K-$975.7K-$964.2K-$1.1M-$1.0M-$824.9K-$816.1K
Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares23.1M22.5M21.9M21.3M62.1M61.1M60.2M72.9M71.9M71.0M
Prepaid Expense Current$21.3K$42.5K$63.8K$0.00$20.3K$60.4K$60.8K$63.1K$110.7K$158.2K
Ordinary Shares Possible Redemption1.9M1.9M1.9M1.9M5.5M5.5M5.5M6.9M6.9M6.9M
Additional Paid In Capital$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Subsequent Accretion Of Carrying Value Of Public Shares To Redemption Value-584.8K-1.1M
Subsequent Accretion Of Carrying Value For Public Shares To Redemption Value-816.1K0.000.00
Promissory Notes Current$770.0K$590.0K$410.0K
Extension Loan Related Party Amount$190.0K$70.0K$70.0K$70.0K$70.0K$70.0K$70.0K
Prepaid Expense Noncurrent$0.00$0.00$0.00
Ordinary Shares Redemption8.9M0.00
Monthly Extension Fee Deposited Into Trust Account$200.0K$0.00
Initial Accretion Of Carrying Value To Redemption Value-$1.0M-$824.9K-$816.1K
Working Capital Loan From Related Party Amount$1.1M$1.1M$950.0K$700.0K
Payment For Ordinary Shares Redemption0.008.9M
Payment For Monthly Extension Fee Deposited Into Trust Account$360.0K$200.0K
Offering Cost-$45.0K
Subsequent Accretion Of Carrying Value Or Public Shares To Redemption Value-1.1M-816.1K
Capital Loan From Related Party Adjusted Balance$500.0K$200.0K$0.00
Offering Costs Paid By Sponsor In Exchange For Issuance Of Ordinary Shares
Issuance Of Representative Shares
Founder Shares Surrendered Amount-1.00

Most recent annual filing with the SEC: March 28, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.