IB Acquisition Corp. Financial Summary

Complete Filing Data

IB Acquisition Corp. reported Stockholders Equity of -$5.4 thousand for FY2023.

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 IB 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 YearFY2025FY2024FY2023
Net Income Loss$3.4M$1.9M-$6.8K
Operating Income Loss-$748.9K-$524.0K-$6.8K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$4.4M$2.5M-$6.8K
General And Administrative Expense$748.9K$524.0K$6.8K
Nonoperating Income Expense$5.1M$3.0M
Income Tax Expense Benefit$965.6K$635.5K
Interest Expense Nonoperating-$3.0M
Cash Withdrawn From Trust Account To Pay Income Taxes-$1.7M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024Q4 2023Q2 2023Q1 2023Q4 2022
Net Income Loss-$58.9K$818.6K$824.1K$907.1K$1.1M-$194.6K-$87.5K-$48.00-$48.00-$48.00
Operating Income Loss-$180.0K-$172.2K-$163.5K-$176.4K-$76.4K-$194.6K-$87.5K-$48.00-$48.00
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$26.7K$1.1M$1.1M$1.2M$1.4M-$194.6K-$87.5K-$48.00-$48.00
General And Administrative Expense$180.0K$172.2K$163.5K$176.4K$76.4K$194.6K$87.5K$48.00$48.00
Nonoperating Income Expense$153.3K$1.3M$1.3M$1.4M$1.5M
Income Tax Expense Benefit$32.2K$263.4K$262.5K$288.0K$314.9K
Interest Expense Nonoperating-$1.5M
Cash Withdrawn From Trust Account To Pay Income Taxes-$315.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Stockholders Equity-$5.4K$1.4K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$52.6K$2.8K
Retained Earnings Accumulated Deficit$1.1M-$8.4K
Liabilities Current$722.2K$58.0K
Liabilities And Stockholders Equity$119.8M$52.6K
Liabilities$722.2K$58.0K
Common Stock Value$425.00$324.00
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$393.3K$770.2K$49.8K
Cash And Cash Equivalents At Carrying Value$822.8K$52.6K
Assets Current$1.2M$52.6K
Assets$119.8M$52.6K
Temporary Equity Carrying Amount Attributable To Parent$118.0M
Assets Held In Trust Noncurrent$118.6M
Remeasurement Of Common Stock Subject To Possible Redemption$4.1M$13.0M
Accounts Payable And Accrued Liabilities Current$86.7K$8.0K
Taxes Payable Current$635.5K
Adjustments To Additional Paid In Capital Remeasurement Of Common Stock Subject To Possible Redemption-$4.1M-$13.0M
Remeasurement Of Common Stock Subject To Possible Redemptions
Representative Warrants Deferred Offering Cost Allocation$81.2K
Repayments Of Related Party Debt$2.3M
Other Liabilities Current
Cash$822.8K$52.6K
Interest And Dividends Earned On Cash And Investments Held In Trust Account$5.1M$3.0M
Accrued Liabilities Current
Excise Tax Payable Current
Restricted Cash Current
Interest Earned On Marketable Securities Held In Trust Account$3.0M
Stock Issued During Period Value Excise Tax Payable Attributable To Redemption Of Common Stock-$1.1M
Repayments Of Notes Payable$147.6K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022
Stockholders Equity-$861.3K-$681.3K$599.7K$771.9K$935.4K$1.1M$1.3M$1.4M-$92.9K$1.3K$1.3K$1.4K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$165.5K$1.2M$486.0K$627.4K$910.2K$822.8K$876.6K$1.7M$179.7K$2.6K$2.7K
Retained Earnings Accumulated Deficit-$861.7K-$681.7K$599.2K$771.4K$934.9K$822.9K-$290.6K
Liabilities Current$1.2M$1.8M$549.0K$355.1K$846.3K$352.4K$336.7K
Liabilities And Stockholders Equity$16.4M$17.1M$122.2M$121.2M$120.8M$118.4M$117.3M
Liabilities$1.2M$1.8M$549.0K$355.1K$846.3K$352.4K$336.7K
Common Stock Value$425.00$425.00$425.00$425.00$425.00$425.00$425.00
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$1.1M$87.4K$127.1K
Cash And Cash Equivalents At Carrying Value$165.5K$428.7K$486.0K$627.4K$910.2K$876.6K$1.7M
Assets Current$361.8K$1.2M$623.2K$865.0K$1.2M$1.2M$1.7M
Assets$16.4M$17.1M$122.2M$121.2M$120.8M$118.4M$117.3M
Temporary Equity Carrying Amount Attributable To Parent$16.1M$16.0M$121.0M$120.0M$119.0M$116.8M$115.6M
Assets Held In Trust Noncurrent$16.0M$15.9M$121.6M$120.3M$119.7M$117.1M$115.6M
Remeasurement Of Common Stock Subject To Possible Redemption$121.1K$1.1M
Accounts Payable And Accrued Liabilities Current$98.1K$73.8K$20.8K$90.3K$90.2K
Taxes Payable Current$694.2K$525.4K$262.1K$608.5K$314.9K
Adjustments To Additional Paid In Capital Remeasurement Of Common Stock Subject To Possible Redemption-$121.1K-$1.1M-$1.2M-$10.6M
Remeasurement Of Common Stock Subject To Possible Redemptions-$990.8K-$987.6K-$1.1M-$1.2M-$10.6M
Representative Warrants Deferred Offering Cost Allocation
Repayments Of Related Party Debt
Other Liabilities Current$2.8K$2.8K$2.8K$2.8K
Cash$165.5K$428.7K$486.0K$627.4K$910.2K$876.6K$1.7M
Interest And Dividends Earned On Cash And Investments Held In Trust Account$153.3K$1.4M
Accrued Liabilities Current$37.5K$336.7K$8.0K
Excise Tax Payable Current$1.1M$1.1M
Restricted Cash Current$787.4K
Interest Earned On Marketable Securities Held In Trust Account
Stock Issued During Period Value Excise Tax Payable Attributable To Redemption Of Common Stock
Repayments Of Notes Payable

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Net Cash Provided By Used In Operating Activities-$1.3M-$821.0K-$207.00
Increase Decrease In Accounts Payable And Accrued Liabilities-$13.0K$78.7K$6.6K
Net Cash Provided By Used In Investing Activities$107.8M-$115.6M
Net Cash Provided By Used In Financing Activities-$106.1M$117.2M$50.0K
Increase Decrease In Prepaid Expense-$8.4K$36.2K
Increase Decrease In Accrued Income Taxes Payable$58.7K$635.5K
Increase Decrease In Shortterm Prepaid Insurance-$339.5K$339.5K
Proceeds From Related Party Debt$2.2M
Proceeds From Issuance Of Private Placement$6.1M
Payments To Acquire Investments$115.6M
Payments Of Underwriters Discount$111.6M
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition-$184.5K
Proceeds From Short Term Debt
Proceeds From Cash Withdrawn From Trust Account To Pay Franchise And Income Taxes
Proceeds From Sponsor$50.0K
Proceeds From Notes Payable$147.6K
Increase Decrease In Prepaid Insurance
Increase Decrease In Prepaid Expenses Other

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q4 2024Q1 2024Q4 2023
Net Cash Provided By Used In Operating Activities-$1.1M-$375.2K-$78.0K
Increase Decrease In Accounts Payable And Accrued Liabilities$24.3K$3.4K$14.5K
Net Cash Provided By Used In Investing Activities$315.0K
Net Cash Provided By Used In Financing Activities$147.6K$205.1K
Increase Decrease In Prepaid Expense-$27.9K$10.0K
Increase Decrease In Accrued Income Taxes Payable-$694.2K-$27.0K
Increase Decrease In Shortterm Prepaid Insurance-$84.9K
Proceeds From Related Party Debt
Proceeds From Issuance Of Private Placement
Payments To Acquire Investments
Payments Of Underwriters Discount
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition-$184.5K
Proceeds From Short Term Debt$147.6K
Proceeds From Cash Withdrawn From Trust Account To Pay Franchise And Income Taxes$315.0K
Proceeds From Sponsor$250.0K
Proceeds From Notes Payable$147.6K
Increase Decrease In Prepaid Insurance$114.3K-$84.9K
Increase Decrease In Prepaid Expenses Other-$6.8K-$27.9K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023
Temporary Equity Shares Authorized11.5M11.5M
Temporary Equity Redemption Price Per Share$10.26$10.26
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
Common Stock Shares Outstanding4.2M3.2M
Common Stock Shares Issued4.2M3.2M
Common Stock Shares Authorized100.0M100.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024
Temporary Equity Shares Authorized1.5M1.5M11.5M11.5M11.5M11.5M11.5M
Temporary Equity Redemption Price Per Share$10.80$10.72$10.52$10.44$10.35$10.15$10.05
Preferred Stock Shares Outstanding0.000.000.000.000.000.000.00
Preferred Stock Shares Issued0.000.000.000.000.000.000.00
Preferred Stock Shares Authorized10.0M10.0M10.0M10.0M10.0M10.0M10.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding4.2M4.2M4.2M4.2M4.2M4.2M4.2M
Common Stock Shares Issued4.2M4.2M4.2M4.2M4.2M4.2M4.2M
Common Stock Shares Authorized100.0M100.0M100.0M100.0M100.0M100.0M100.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023
Other Prepaid Expense Current$36.2K
Prepaid Insurance$339.5K
Payment Of Offering Costs-$438.8K
Investment Income Interest
Stock Issued During Period Value Other$3.9M
Stock Issued During Period Value New Issues$6.1M
Stock Issued1$3.9M
Adjustments To Additional Paid In Capital Mark To Market$2.4M
Additional Paid In Capital$2.7K
Prepaid Taxes
Prepaid Expense Noncurrent

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024Q4 2023
Other Prepaid Expense Current$21.0K$27.8K$52.3K$67.8K$8.3K$19.4K
Prepaid Insurance$114.3K$84.9K$169.8K$254.6K$339.5K
Payment Of Offering Costs-$44.9K
Investment Income Interest$1.3M$1.3M$1.4M$1.5M
Stock Issued During Period Value Other$3.9M
Stock Issued During Period Value New Issues$6.1M
Stock Issued1
Adjustments To Additional Paid In Capital Mark To Market$2.4M
Additional Paid In Capital$453.9K$1.6M
Prepaid Taxes$60.9K
Prepaid Expense Noncurrent$79.2K

Most recent annual filing with the SEC: December 29, 2025

Data sourced from SEC EDGAR public filings as of August 8, 2026.