ATEK: the balance sheet

MyFinsight

For the year ending 2025-12-31, ATEK has $1,354,237 in assets. $18,017,768 in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	348,472
Prepaid expenses and other assets	81,665
Prepaid income taxes	610,976
Due from sponsor	15,510
Total current assets	1,056,623
Investments held in trust account	297,614
Total assets	1,354,237

Accounts payable and accrued expenses	5,894,706
Note payable - related party, net of discount	1,800,000
Convertible note - related party	422,182
Due to related party	211,029
Return of capital subscription shares liability	147,600
Due to redeeming stockholders	586,001
Total current liabilities	9,061,518
Deferred underwriting fee payable	8,956,250
Total liabilities	18,017,768
Class a common stock subject to possible redemption, 0.0001 par value, 24,887 and 310,156 shares at redemption value of 14.41 and 13.82 per share at december 31, 2025 and 2024, respectively	358,631
Common stock value	983
Additional paid-in capital	378,820
Accumulated deficit	-17,401,965
Total stockholders deficit	-17,022,162
Liabilities, class a common stock subject to possible redemption and stockholders deficit	1,354,237

Unit: Dollar.