CNDA: the balance sheet

MyFinsight

For the year ending 2025-12-31, CNDA has $353,840 in assets. $8,973,598 in debts. $196,869 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash	196,869
Prepaid income and other taxes	31,592
Prepaid expenses	26,006
Total current assets	254,467
Cash held in trust account	99,373
Total assets	353,840

Due to related party	484,834
Accrued income taxes	4,071
Accounts payable and accrued expenses	2,724,624
Excise tax payable	2,856,011
Total current liabilities	6,069,540
Warrant liability	604,253
Capital contribution note, at fair value	1,956,685
Deferred underwriters' commission	343,120
Total liabilities	8,973,598
Class a common stock subject to possible redemption, 8,550 and 2,200,303 shares at redemption value of 14.84 and 10.81 at december 31, 2025 and 2024, respectively	126,845
Common stock	700
Accumulated deficit	-8,747,303
Total stockholders' deficit	-8,746,603
Total liabilities and stockholders' deficit	353,840

Unit: Dollar.