Inception Growth Acquisition Ltd Financial Summary

Complete Filing Data

Inception Growth Acquisition Ltd reported Stockholders Equity of -$2.01 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 Inception Growth Acquisition Ltd 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 YearFY2024FY2023FY2022FY2021
Net Income Loss$130.1K$640.1K$475.5K
General And Administrative Expense$1.0M$1.6M$742.3K
Income Tax Expense Benefit$15.9K$92.3K$299.2K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$146.0K$732.4K$774.7K
Nonoperating Income Expense$1.2M$2.7M$1.5M
Comprehensive Income Net Of Tax
Other Nonoperating Income Expense$1.5M
Operating Income Loss-$1.0M-$2.0M-$742.3K
Deferred Revenue Noncurrent$2.6M
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021
Net Income Loss-$267.9K-$470.5K-$128.4K$814.00$134.1K$128.0K$62.3K$220.1K$35.0K$342.2K-$163.9K-$217.9K-$37.7K-$52.5K
General And Administrative Expense$290.5K$503.8K$166.3K$209.2K$203.8K$254.5K$423.2K$235.6K$410.1K$155.5K$170.2K$228.4K$37.7K$52.5K
Income Tax Expense Benefit-$22.2K$39.4K$38.1K$125.9K$121.2K$228.1K$118.1K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$267.9K-$470.5K-$128.4K-$21.4K$173.5K$166.1K$188.2K$341.3K$263.1K-$163.9K-$217.9K
Nonoperating Income Expense$22.6K$33.3K$37.9K$187.8K$377.4K$420.7K$611.4K$576.9K$1.1M$460.3K
Comprehensive Income Net Of Tax$62.3K$220.1K$183.7K-$5.4K-$37.7K-$52.5K
Other Nonoperating Income Expense$611.4K$576.9K$1.1M$615.9K$6.2K$10.5K
Operating Income Loss-$290.5K-$503.8K-$166.3K-$209.2K-$203.8K-$254.5K-$862.1K
Deferred Revenue Noncurrent$2.6M$2.6M$2.6M$2.6M$2.6M$2.6M
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax$93.3K$158.5K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Stockholders Equity-$2.0M-$965.9K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$680.8K$1.4M
Temporary Equity Carrying Amount Attributable To Parent$32.1M$106.1M$104.5M
Retained Earnings Accumulated Deficit-$4.2M-$2.0M-$1.3M
Liabilities Current$2.0M$600.5K$486.2K
Liabilities And Stockholders Equity$32.1M$106.9M$106.3M
Liabilities$4.3M$2.9M$3.1M
Common Stock Value$264.00$264.00$264.00
Assets Held In Trust Noncurrent$32.1M$106.1M$104.5M
Assets Current$60.4K$842.7K$1.8M
Assets$32.1M$106.9M$106.3M
Accrued Liabilities Current$1.3M$119.4K$475.9K
Temporary Equity Accretion To Redemption Value Adjustment$2.0M$2.6M$1.5M$13.5M
Taxes Payable Current$391.5K$299.2K
Cash$60.4K
Temporary Equity Accretion To Redemption Value$1.5M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$620.4K-$684.4K
Other Assets Current$404.8K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$56.1K-$620.4K
Deferred Underwriting Compensation Non Current$2.3M$2.3M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
Cash And Cash Equivalents At Carrying Value$60.4K
Excise Tax Payable Attributable To Redemption Of Common Stock
Cash Withdrawn From Of Trust Account$583.3K
Common Stock Subject To Possible Redemption Shares
Cash Withdrawn From Trust Account In Connection To Redemption$30.4M$76.6M
Deferred Underwriting Compensation$2.3M
Marketable Securities Unrealized Gain Loss

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Stockholders Equity-$7.1M-$6.8M-$6.6M-$6.4M-$5.8M-$5.5M-$4.8M-$4.2M-$4.0M-$3.2M-$2.6M-$2.0M-$1.7M-$1.5M-$65.2K-$27.5K$25.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$9.1K$59.1K$2.8K$4.3K$11.3K$83.7K$44.2K$60.4K$257.2K$542.8K$481.4K$779.1K$787.4K$796.7K
Temporary Equity Carrying Amount Attributable To Parent$2.2M$2.1M$3.7M$3.6M$14.7M$14.4M$32.8M$31.5M$46.9M$46.1M$105.2M$104.7M$104.5M
Retained Earnings Accumulated Deficit-$7.1M-$6.8M-$6.6M-$6.4M-$5.8M-$5.5M-$4.8M-$4.3M-$3.5M-$2.9M-$2.0M-$1.9M-$1.5M
Liabilities Current$4.9M$4.6M$4.3M$4.1M$3.6M$3.4M$2.6M$18.2M$1.6M$62.0M$405.1K$215.4K$130.1K
Liabilities And Stockholders Equity$2.3M$2.3M$3.7M$3.6M$14.7M$14.5M$32.8M$47.9M$47.5M$107.8M$106.2M$105.8M$105.7M
Liabilities$7.2M$6.9M$6.6M$6.4M$5.9M$5.6M$4.9M$20.8M$4.1M$64.6M$3.0M$2.8M$2.7M
Common Stock Value$264.00$264.00$264.00$264.00$264.00$264.00$264.00$264.00$264.00$264.00$264.00$264.00$264.00
Assets Held In Trust Noncurrent$2.2M$2.1M$3.7M$3.6M$14.7M$14.4M$32.8M$47.6M$46.9M$107.2M$105.2M$104.7M$104.5M
Assets Current$64.7K$116.6K$2.8K$4.3K$31.5K$136.7K$44.2K$274.7K$618.3K$582.6K$1.0M$1.1M$1.2M
Assets$2.3M$2.3M$3.7M$3.6M$14.7M$14.5M$32.8M$47.9M$47.5M$107.8M$106.2M$105.8M$105.7M
Accrued Liabilities Current$1.9M$2.2M$1.9M$1.8M$1.5M$1.4M$1.3M$994.9K$682.1K$855.5K$234.4K$97.1K$54.1K
Temporary Equity Accretion To Redemption Value Adjustment$337.8K$627.4K$720.7K$711.4K$809.5K$473.7K-$457.4K-$164.7K-$10.9K
Taxes Payable Current$194.3K$194.3K$275.3K$275.3K$314.7K$336.9K$300.5K$774.5K$648.6K$527.4K
Cash$59.1K$2.8K$4.3K$11.3K$796.7K$1.4M
Temporary Equity Accretion To Redemption Value$71.5K$720.7K$711.4K$809.5K$473.7K$457.4K$164.7K$10.9K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$199.4K-$568.5K
Other Assets Current$101.2K$161.9K$237.5K$313.1K$388.7K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$1.5K-$16.2K-$199.4K
Deferred Underwriting Compensation Non Current$2.3M$2.3M$2.6M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$779.1K$787.4K$796.7K$1.4M
Cash And Cash Equivalents At Carrying Value$59.1K$2.8K$4.3K$11.3K$796.7K$1.4M
Excise Tax Payable Attributable To Redemption Of Common Stock$12.4K$190.4K$161.4K
Cash Withdrawn From Of Trust Account-$300.0K
Common Stock Subject To Possible Redemption Shares10.4M10.4M10.4M
Cash Withdrawn From Trust Account In Connection To Redemption
Deferred Underwriting Compensation$2.3M$2.3M$2.3M$2.3M$2.3M
Marketable Securities Unrealized Gain Loss$93.3K$158.5K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Net Cash Provided By Used In Operating Activities-$912.9K-$997.8K-$856.0K
Net Cash Provided By Used In Financing Activities-$28.7M-$76.4M$171.6K
Increase Decrease In Accrued Liabilities$227.7K$393.4K-$356.5K
Proceeds From Repayments Of Related Party Debt$217.9K$104.2K$171.6K
Increase Decrease In Accrued Income Taxes Payable-$116.3K$92.3K$299.2K
Proceeds From Related Party Debt$1.5M$90.0K
Net Cash Provided By Used In Investing Activities$29.6M$76.7M
Increase Decrease In Prepaid Expense-$161.9K-$242.9K
Payments For Repurchase Of Common Stock$30.4M$76.6M
Increase Decrease In Prepaid Deferred Expense And Other Assets-$242.9K
Proceeds From Issuance Of Common Stock
Payments For Proceeds From Investments$400.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q1 2022Q2 2021Q1 2021
Net Cash Provided By Used In Operating Activities-$60.1K-$376.2K-$217.5K-$634.1K-$52.5K$10.0K
Net Cash Provided By Used In Financing Activities$92.2K$660.0K$18.0K$65.7K$52.5K-$10.0K
Increase Decrease In Accrued Liabilities$106.2K$7.5K$131.9K-$421.8K$10.0K
Proceeds From Repayments Of Related Party Debt$92.2K$30.0K$18.0K$65.7K
Increase Decrease In Accrued Income Taxes Payable-$91.1K$228.1K
Proceeds From Related Party Debt$630.0K$65.7K$27.5K$95.0K
Net Cash Provided By Used In Investing Activities-$33.6K-$300.0K
Increase Decrease In Prepaid Expense-$60.7K
Payments For Repurchase Of Common Stock
Increase Decrease In Prepaid Deferred Expense And Other Assets-$60.7K-$16.1K
Proceeds From Issuance Of Common Stock$25.0K$25.0K
Payments For Proceeds From Investments

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021
Temporary Equity Redemption Price Per Share$10.86$10.25$10.10
Common Stock Shares Outstanding2.6M2.6M2.6M
Common Stock Shares Issued2.6M2.6M2.6M
Common Stock Shares Authorized26.0M26.0M26.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00
Earnings Per Share Diluted$0.25$0.07
Earnings Per Share Basic$0.25$0.07
Weighted Average Number Of Shares Outstanding Basic5.2M10.0M
Weighted Average Number Of Diluted Shares Outstanding5.2M10.0M
Temporary Equity Shares Outstanding3.0M10.4M
Temporary Equity Shares Issued10.4M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q1 2021
Temporary Equity Redemption Price Per Share$12.46$12.10$13.13$12.88$11.63$11.36$11.10$10.67$10.48$10.30$10.16$10.12$10.10
Common Stock Shares Outstanding2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M
Common Stock Shares Issued2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M2.6M
Common Stock Shares Authorized26.0M26.0M26.0M26.0M26.0M26.0M26.0M26.0M26.0M26.0M26.0M26.0M26.0M
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$0.00
Earnings Per Share Diluted$0.10$0.07$0.10$0.05$0.04$-0.01$-0.02
Earnings Per Share Basic$0.08$0.10$0.05$0.04$-0.01$-0.02$0.00
Weighted Average Number Of Shares Outstanding Basic4.1M4.5M9.2M10.4M10.0M10.4M
Weighted Average Number Of Diluted Shares Outstanding4.1M4.5M9.2M10.4M10.0M10.4M
Temporary Equity Shares Outstanding176.7K176.7K280.0K280.0K1.3M3.0M3.0M
Temporary Equity Shares Issued4.5M4.5M10.4M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Dividend Income Operating$2.7M$1.2M
Investment Income Interest And Dividend$1.2M$2.7M$1.5M
Accretion Of Carrying Value To Redemption Value$2.6M$1.5M
Prepaid Expense Current$161.9K
Excise And Sales Taxes$765.5K
Income Loss Attributable To Parent
Investment Income Interest$299.3K
Accretionof Carrying Valueto Redemption Value$2.6M$1.5M
Extension Payments Deposited In Trust Account$811.2K$400.0K
Unrealized Gain On Availableforsale Securities
Contribution Nonredemption Agreement$452.0K
Stock Issued1$304.2K$765.5K
Other Operating Income Expense Net
Nonredemption Agreement Expense$452.0K
Due To Related Parties Current$181.8K$10.3K
Stock Issued During Period Value New Issues
Reclassification Of Realized Gain On Availableforsale Securities Net To Net Income

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Dividend Income Operating$611.4K$576.9K$1.1M$316.6K$6.2K$10.5K
Investment Income Interest And Dividend$22.6K$33.3K$37.9K$187.8K$377.4K$420.7K$611.4K$1.1M$10.5K
Accretion Of Carrying Value To Redemption Value$62.3K-$300.0K$71.5K$337.8K$627.4K$720.7K$473.7K$10.9K
Prepaid Expense Current$5.6K$7.5K$20.3K$40.5K$17.5K$75.5K
Excise And Sales Taxes$190.4K$161.4K$604.1K
Income Loss Attributable To Parent$460.3K-$163.9K-$217.9K-$37.7K-$52.5K
Investment Income Interest$299.3K
Accretionof Carrying Valueto Redemption Value$62.3K-$300.0K$71.5K$337.8K$627.4K$720.7K$473.7K$10.9K
Extension Payments Deposited In Trust Account$33.6K$300.0K
Unrealized Gain On Availableforsale Securities$93.3K$158.5K
Contribution Nonredemption Agreement$452.0K
Stock Issued1
Other Operating Income Expense Net$615.9K$6.2K$10.5K
Nonredemption Agreement Expense$452.0K
Due To Related Parties Current$170.7K$118.3K$76.0K
Stock Issued During Period Value New Issues$25.0K
Reclassification Of Realized Gain On Availableforsale Securities Net To Net Income-$251.8K

Most recent annual filing with the SEC: March 26, 2025

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