MyFinsight

HomeBlogAbout

MyFinsight

Making company financials insightful for everyone

  • About
  • Blog
  • Privacy Policy
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

Flag Ship Acquisition Corp (FSHP)

Flag Ship Acquisition Corp (FSHP)

|||

Balance Sheets Overview

Current Ratio
0.31%
Quick Ratio
0.31%
Debt to Asset Ratio
60.24%
Unit: Dollar
Assets Breakdown
    • Cash and investments held in tru...
    • Prepayments and deposits
    • Cash
Liabilities Breakdown
    • Ordinary shares subject to possi...
    • Ordinary shares subject to redem...
    • Accumulated deficit
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
1,300
1,811
6,551
18,751
Prepayments and deposits
56,528
13,967
18,523
35,940
Total current assets
57,828
15,778
25,074
54,691
Cash and investments held in trust account
34,017,341
33,430,500
33,080,038
32,584,205
Total assets
34,075,169
33,446,278
33,105,112
32,638,896
Accrued liabilities
65,449
104,994
17,124
35,392
Promissory notes related party
2,053,701
1,540,219
1,446,751
1,170,351
Ordinary shares subject to redemption
16,682,320
-
-
-
Total current liabilities
18,801,470
1,645,213
1,463,875
1,205,743
Deferred underwriting compensation
1,725,000
1,725,000
1,725,000
1,725,000
Total liabilities
20,526,470
3,370,213
3,188,875
2,930,743
Ordinary shares subject to possible redemption 1,555,260 and 3,062,517 shares issued and outstanding at redemption value of 11.15 and 10.80 on june30, 2026 and december31, 2025, respectively
17,335,021
33,430,500
33,080,038
32,584,205
Ordinary shares, 0.001 par value 50,000,000 shares authorized 1,963,000 and 1,963,000 shares issued and outstanding (excluding 1,555,260 and 3,062,517 shares, subject to possible redemption as of june30, 2026 and december 31, 2025, respectively)
1,963
1,963
1,963
1,963
Accumulated deficit
-3,788,285
-3,356,398
-3,165,764
-2,878,015
Total shareholders deficit
-3,786,322
-3,354,435
-3,163,801
-2,876,052
Total liabilities, ordinary shares subject to possible redemption and shareholders deficit
34,075,169
33,446,278
33,105,112
32,638,896
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Prepayments and deposits$56,528 (-12.86%↓ Y/Y)Cash$1,300 (-93.42%↓ Y/Y)Cash and investmentsheld in trust account$34,017,341 (-52.94%↓ Y/Y)Total current assets$57,828 (-31.68%↓ Y/Y)Total assets$34,075,169 (-52.91%↓ Y/Y)Accumulated deficit-$3,788,285 (-46.75%↓ Y/Y)Total liabilities,ordinary shares subject...$34,075,169 (-52.91%↓ Y/Y)Total shareholdersdeficit-$3,786,322 (-46.79%↓ Y/Y)Ordinary shares, 0.001par value...$1,963 (0.00%↑ Y/Y)Total liabilities$20,526,470 (670.49%↑ Y/Y)Ordinary shares subjectto possible...$17,335,021 (-76.02%↓ Y/Y)Total currentliabilities$18,801,470 (1902.09%↑ Y/Y)Deferred underwritingcompensation$1,725,000 (0.00%↑ Y/Y)Ordinary shares subjectto redemption$16,682,320 Promissory notes relatedparty$2,053,701 (120.74%↑ Y/Y)Accrued liabilities$65,449 (648.67%↑ Y/Y)