CNDAW: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, CNDAW has $250,114 in assets. $8,957,194 in debts. $64,925 in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash	64,925	196,869	82,338
Prepaid income and other taxes	30,792	31,592	7,360
Prepaid expenses	54,417	26,006	105,483
Total current assets	150,134	254,467	195,181
Cash held in trust account	99,980	99,373	98,684
Total assets	250,114	353,840	293,865

Due to related party	545,047	484,834	424,730
Accrued income taxes	4,071	4,071	-
Accounts payable and accrued expenses	2,736,735	2,724,624	2,653,179
Excise tax payable	2,992,915	2,856,011	2,749,620
Total current liabilities	6,278,768	6,069,540	5,827,529
Warrant liability	865,113	604,253	589,515
Capital contribution note, at fair value	1,470,193	1,956,685	950,718
Deferred underwriter's commission	343,120	343,120	343,120
Total liabilities	8,957,194	8,973,598	7,710,882
Class a common stock subject to possible redemption, 8,550 shares at redemption value of 14.81 and 14.84 at march 31, 2026 and december 31, 2025, respectively	126,652	126,845	105,996
Common stock	700	700	700
Accumulated deficit	-8,834,432	-8,747,303	-7,523,713
Total stockholders' deficit	-8,833,732	-8,746,603	-7,523,013
Total liabilities and stockholders' deficit	250,114	353,840	293,865

Unit: Dollar. Numbers labeled with * are estimated quarterly values.