The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,291,701 | 1,683,844 | 929,008 | 1,517,370 |
| Prepaid insurance | -13,095 | 0 | 52,382 | 104,764 |
| Prepaid expenses | 63,250 | -31,176 | -25,306 | 58,982 |
| Long-term prepaid insurance | -26,191 | -39,287 | -91,668 | 157,146 |
| Accrued offering costs | -75,000 | 0 | -9,295 | -6,000 |
| Accounts payable and accrued expenses | 725,532 | 394,358 | 1,267,775 | 1,369,732 |
| Interest earned on marketable securities held in trust account | 2,091,443 | 2,272,611 | 2,435,794 | 3,146,503 |
| Payment of operation costs through ipo promissory note | 0 | 0 | 0 | -3,394 |
| Formation costs applied to prepaid expenses contributed by sponsor through ipo promissory note related party | - | - | - | 0 |
| Net cash used in operating activities | -173,174 | -123,946 | -183,714 | -582,899 |
| Investment of cash into trust account | 0 | 0 | 0 | 230,000,000 |
| Net cash used in investing activities | 0 | 0 | 0 | -230,000,000 |
| Proceeds from sale of public units, net of underwriting discounts paid | 0 | 0 | 0 | 226,000,000 |
| Proceeds from sale of private placement units | 0 | 0 | 0 | 6,000,000 |
| Repayment of ipo promissory note - related party | 0 | 0 | 0 | 222,141 |
| Payment of offering costs | 0 | 0 | 0 | 344,042 |
| Net cash provided by financing activities | 0 | 0 | 0 | 231,433,817 |
| Net change in cash | -173,174 | -123,946 | -183,714 | 850,918 |
| Cash beginning of period | 543,258 | 667,204 | 0 | - |
| Cash end of period | 370,084 | 543,258 | 667,204 | - |
Fifth Era Acquisition Corp I (FERAR)
Fifth Era Acquisition Corp I (FERAR)