BAYAR: the balance sheet

MyFinsight

For the year ending 2025-12-31, BAYAR has $11,813,455 in assets. $5,567,119 in debts.

Balance Sheets	2025-12-31
Cash	44,129
Prepaid expenses	8,336
Total current assets	52,465
Investments held in trust account	11,710,990
Cash held in escrow account	50,000
Total non-current assets	11,760,990
Total assets	11,813,455

Accrued expenses	842,103
Promissory notes extension	1,775,000
Payable to target	669,311
Due to related party	180,705
Total current liabilities	3,467,119
Deferred underwriting commission payable	2,100,000
Total non-current liabilities	2,100,000
Total liabilities	5,567,119
Ordinary shares subject to possible redemption (1,005,792 and 3,709,011 shares at redemption value of 11.69 and 10.67 as of december 31, 2025 and 2024, respectively)	11,760,990
Ordinary shares, 0.0001 par value 200,000,000 shares authorized 1,732,500 and 1,732,500 shares issued and outstanding (excluding 1,005,792 and 3,709,011 shares subject to possible redemption) at december 31, 2025 and 2024, respectively	173
Accumulated deficit	-5,514,827
Total shareholders deficit	-5,514,654
Total liabilities and shareholders deficit	11,813,455

Unit: Dollar.