Spark I Acquisition Corp Financial Summary

Complete Filing Data

Spark I Acquisition Corp reported Stockholders Equity of -$7.15 million for FY2025.

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 Spark I 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 YearFY2025FY2024FY2023FY2022
Net Income *$293.6K$3.2M-$730.9K-$1.3M
Nonoperating Income Expense$2.9M$5.2M$1.2M$4.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022
Net Income *-$475.2K$362.6K$542.3K$902.0K$870.8K$770.4K-$448.1K-$443.1K-$353.4K-$277.2K-$343.4K-$271.6K
Nonoperating Income Expense$392.6K$1.1M$1.1M$1.4M$1.3M$1.3M$1.00

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Stockholders Equity-$7.2M-$4.4M-$2.3M-$1.8M-$429.4K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$112.3K$375.4K$1.4M$587.6K$251.2K
Retained Earnings Accumulated Deficit-$7.2M-$4.4M-$2.5M-$1.8M
Liabilities Current$3.8M$1.3M$408.7K$3.1M
Liabilities And Stockholders Equity$25.4M$107.4M$103.3M$1.3M
Assets Current$193.4K$479.8K$1.6M$675.1K
Assets$25.4M$107.4M$103.3M$1.3M
Accrued Liabilities Current$604.1K$505.2K$408.7K$316.7K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$263.1K-$1.0M$816.5K
Cash And Cash Equivalents At Carrying Value$112.3K$375.4K$1.4M
Liabilities$7.3M$4.8M$3.9M$3.1M
Assets Held In Trust Noncurrent$25.2M$106.9M$101.7M
Deferred Compensation Liability Classified Noncurrent$3.5M$3.5M$3.5M
Unrealized Gain Loss On Investments$2.9M$5.2M
Temporary Equity Accretion To Redemption Value$3.1M$5.2M$12.3M
Other Liabilities Current$3.5K$3.5K
Temporary Equity Accretion To Redemption Value Adjustment-$12.3M
Other Assets Noncurrent$77.2K
Convertible Notes Payable Current$1.5M
Accounts Payable Current$3.5K
Notes Payable Current$2.8M
Deferred Costs$629.4K
Accrued Offering Costs
Notes Payable Excluding Convertible Note Current$1.7M
Debt Forgiveness Amount$1.2K
Repayments Of Notes Payable$3.8M
Conversion Of Advances To Convertible Notes Payable
Cash Equivalents At Carrying Value$1.4M$587.6K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$816.5K$336.5K
Deferred Offering Costs Included In Accrued Offering Costs$238.9K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Stockholders Equity-$6.7M-$5.7M-$4.9M-$3.8M-$3.3M-$2.8M-$3.0M-$2.6M-$2.1M-$1.3M-$1.0M-$701.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$614.0K$1.1M$487.2K$82.8K$471.2K$932.7K$113.6K$96.2K$158.0K$1.0M
Retained Earnings Accumulated Deficit-$6.7M-$5.7M-$4.9M-$3.8M-$3.3M-$2.8M-$3.0M
Liabilities Current$3.8M$3.4M$2.1M$458.9K$449.9K$507.7K$4.2M
Liabilities And Stockholders Equity$25.5M$110.3M$108.6M$105.9M$105.0M$104.2M$1.2M
Assets Current$639.2K$1.2M$603.9K$207.4K$627.4K$1.1M$184.7K
Assets$25.5M$110.3M$108.6M$105.9M$105.0M$104.2M$1.2M
Accrued Liabilities Current$573.1K$843.1K$606.6K$455.4K$446.4K$504.2K$18.4K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$111.8K-$471.5K-$429.6K
Cash And Cash Equivalents At Carrying Value$614.0K$1.1M$487.2K$82.8K$471.2K$932.7K$113.6K$587.6K
Liabilities$7.3M$6.9M$5.6M$4.0M$3.9M$4.0M
Assets Held In Trust Noncurrent$24.8M$109.2M$108.0M$105.7M$104.3M$103.0M$0.00
Deferred Compensation Liability Classified Noncurrent$3.5M$3.5M$3.5M$3.5M$3.5M$3.5M
Unrealized Gain Loss On Investments$391.4K$1.1M$1.4M$1.3M
Temporary Equity Accretion To Redemption Value$1.1M$1.3M
Other Liabilities Current$3.5K$3.5K$3.5K
Temporary Equity Accretion To Redemption Value Adjustment$1.4M$1.3M$1.3M
Other Assets Noncurrent$25.8K$51.5K
Convertible Notes Payable Current$1.5M$1.5M$1.4M$840.0K
Accounts Payable Current$3.5K$3.5K$3.5K$5.5K
Notes Payable Current$3.8M
Deferred Costs$999.9K
Accrued Offering Costs$417.4K$316.6K
Notes Payable Excluding Convertible Note Current$1.7M$1.0M
Debt Forgiveness Amount$1.2K
Repayments Of Notes Payable
Conversion Of Advances To Convertible Notes Payable$840.0K
Cash Equivalents At Carrying Value
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
Deferred Offering Costs Included In Accrued Offering Costs

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Net Cash Provided By Used In Operating Activities-$2.5M-$1.9M-$1.3M-$1.1M
Increase Decrease In Prepaid Expense-$23.3K-$52.1K$69.0K-$116.4K
Increase Decrease In Accrued Expenses And Offering Costs$98.8K$96.5K$92.0K
Net Cash Provided By Used In Financing Activities-$82.4M$840.0K$102.6M$1.5M
Increase Decrease In Other Operating Capital Net-$77.2K$77.2K
Increase Decrease In Due To Related Parties$3.5K
Increase Decrease In Deferred Charges-$629.4K
Proceeds From Issuance Of Debt$1.0M$1.8M
Payments Of Financing Costs$3.1M$272.7K
Net Cash Provided By Used In Investing Activities$84.6M-$100.5M
Increase Decrease In Other Accrued Liabilities$92.0K-$12.1K
Proceeds From Notes Payable$840.0K
Proceeds From Issuance Of Private Placement$8.5M
Proceeds From Issuance Of Common Stock$100.0M
Proceeds From Cash Withdrawn From Trust Account$84.8M
Payments To Acquire Investments$100.5M
Payments For Repurchase Of Common Stock$84.8M
Increase Decrease In Other Noncurrent Assets$77.2K-$87.5K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023
Net Cash Provided By Used In Operating Activities-$488.2K-$471.5K-$326.9K
Increase Decrease In Prepaid Expense$12.3K$40.3K-$32.2K
Increase Decrease In Accrued Expenses And Offering Costs$101.4K$95.5K$13.9K
Net Cash Provided By Used In Financing Activities$600.0K-$102.7K
Increase Decrease In Other Operating Capital Net-$25.7K$18.4K
Increase Decrease In Due To Related Parties$3.5K
Increase Decrease In Deferred Charges$1.3K
Proceeds From Issuance Of Debt
Payments Of Financing Costs$102.7K
Net Cash Provided By Used In Investing Activities
Increase Decrease In Other Accrued Liabilities
Proceeds From Notes Payable$600.0K
Proceeds From Issuance Of Private Placement
Proceeds From Issuance Of Common Stock
Proceeds From Cash Withdrawn From Trust Account
Payments To Acquire Investments
Payments For Repurchase Of Common Stock
Increase Decrease In Other Noncurrent Assets

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Preferred Stock Shares Authorized5.0M5.0M5.0M5.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00
Preferred Stock Shares Outstanding0.000.000.00
Preferred Stock Shares Issued0.000.000.00
Weighted Average Number Of Shares Outstanding Basic
Pro Forma Weighted Average Shares Outstanding Diluted
Earnings Per Share Diluted
Earnings Per Share Basic
Common Stock Par Or Stated Value Per Share$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q4 2022Q3 2022
Preferred Stock Shares Authorized5.0M5.0M5.0M5.0M5.0M5.0M5.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Outstanding0.000.000.000.000.000.000.000.00
Preferred Stock Shares Issued0.000.000.000.000.000.000.000.00
Weighted Average Number Of Shares Outstanding Basic6.4M6.4M6.4M6.4M
Pro Forma Weighted Average Shares Outstanding Diluted6.4M6.4M6.4M6.4M
Earnings Per Share Diluted$-0.05$0.05$-0.07$-0.04
Earnings Per Share Basic$-0.05$0.05$-0.07$-0.04
Common Stock Par Or Stated Value Per Share

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Operating Costs And Expenses$1.6M$848.6K$657.5K$74.5K
Costs And Expenses$2.6M$2.1M$1.9M$1.3M
Administrative Fees Expense$1.0M$1.2M$1.3M$1.3M
Prepaid Expense Current$81.1K$104.4K$156.5K$87.5K
Investment Income Interest$2.9M$5.2M$1.2M
Interest Income Operating$4.00$4.00$1.00$4.00
Remeasurement Of Ordinary Shares To Redemption Amount3.1M5.2M12.3M
Additional Paid In Capital$246.7K$24.3K
Related Party Transaction Amounts Of Transaction
Notes Advance Amount Current$840.0K
Payment For Deposits Into Trust Account$201.3K
Adjustments To Additional Paid In Capital Warrant Issued$8.4M
Adjustments To Additional Paid In Capital Mark To Market$4.2M
Conversion Of Stock Amount Converted1$400.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022
Operating Costs And Expenses$595.0K$478.2K$307.7K$142.3K$138.7K$234.7K$373.4K$388.3K$339.5K$239.7K
Costs And Expenses$867.8K$763.9K$577.4K$454.6K$470.2K$555.9K$448.1K$443.1K$353.4K$277.2K
Administrative Fees Expense$272.8K$285.7K$269.7K$312.4K$331.5K$321.2K$74.7K$54.8K$13.8K
Prepaid Expense Current$25.2K$74.7K$116.7K$124.7K$156.2K$196.8K$71.1K
Investment Income Interest$1.1M$1.00$2.00$1.3M$1.00
Interest Income Operating$1.00$1.00$1.00$1.00$2.00$1.00
Remeasurement Of Ordinary Shares To Redemption Amount492.0K1.1M1.1M1.4M1.3M1.3M
Additional Paid In Capital$24.3K
Related Party Transaction Amounts Of Transaction$74.7K$37.5K
Notes Advance Amount Current
Payment For Deposits Into Trust Account
Adjustments To Additional Paid In Capital Warrant Issued
Adjustments To Additional Paid In Capital Mark To Market
Conversion Of Stock Amount Converted1

Most recent annual filing with the SEC: March 30, 2026

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