afjk: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, AFJK has $44,556,037 in assets. $2,903,966 in debts.

Unit: Dollar

Balance Sheets	2025-06-30
Prepaid expenses	42,500
Cash	2,138
Total current assets	44,638
Cash held in trust account	44,511,399
Total assets	44,556,037

Extension loans related party	1,205,400
Due to a related company	699,469
Accrued expenses	309,097
Total current liabilities	2,213,966
Deferred underwriter fee payable	690,000
Total liabilities	2,903,966
Accumulated deficit	-2,859,541
Ordinary shares, 0.0001 par value 500,000,000 shares authorized 2,126,000 and 2,126,000 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively (excluding 3,995,733 and 6,900,000 shares subject to possible redemption, respectively)	213
Total shareholders deficit	-2,859,328
Ordinary shares, subject to possible redemption, 3,995,733 and 6,900,000 shares issued and outstanding at redemption value of 11.14 and 10.69, as of june 30, 2025 and december 31, 2024, respectively	44,511,399
Total liabilities, temporary equity and shareholders deficit	44,556,037