| Cash Flow | 2026-03-31 | 2025-09-30 |
|---|---|---|
| Net loss | -872,000 | NaN |
| Depreciation of property and equipment | 24,000 | NaN |
| Amortization of intangible asset | 32,000 | NaN |
| Provision for credit losses | -36,000 | NaN |
| Stock-based compensation | 406,000 | NaN |
| Amortization of right-of-use assets | 22,000 | NaN |
| Net (loss) income | NaN | -22,105,674 |
| Changes in fair value of convertible notes at fair value, warrant liability | -60,000 | NaN |
| Loss on extinguishment of debt | NaN | -1,822,844 |
| Change in fair value of forward purchase derivative liability | 1,588,000 | NaN |
| Financing expense | NaN | 17,573,073 |
| Accretion of cumulative mandatorily redeemable common and preferred stock liability | 27,000 | NaN |
| Change in fair value of fpa liability | NaN | -1,269,000 |
| Gain on extinguishment of payable | 498,000 | NaN |
| Accrued dividends on marketable securities held in trust account | NaN | -19,247 |
| Accounts receivable, current, net | 14,000 | NaN |
| Sponsor waiver of administrative services fees | NaN | 90,000 |
| Unbilled revenue | 72,000 | NaN |
| Prepaid expenses and other current assets | -111,814 | 14,814 |
| Other assets | -6,000 | NaN |
| Accounts payable | 56,708 | 21,292 |
| Operating lease liabilities | -19,000 | NaN |
| Accrued expenses and other current liabilities | -729,385 | 972,385 |
| Accrued interest related party | NaN | 112,577 |
| Due from related party | NaN | 697 |
| Net cash used in operating activities | -1,983,233 | -240,767 |
| Purchase of treasury and other marketable securities | NaN | 748,176 |
| Costs capitalized for internally developed software | 36,000 | NaN |
| Proceeds from redemption of treasury and other marketable securities | NaN | 4,492,794 |
| Purchases of property and equipment | 20,000 | NaN |
| Net cash used in investing activities | -3,800,618 | 3,744,618 |
| Payment of redemptions to class a ordinary shareholders | NaN | 4,492,794 |
| Payment of director and officer insurance liability (short term debt) | 202,000 | NaN |
| Proceeds from promissory note related party | NaN | 915,000 |
| Proceeds from director and officer insurance liability (short term debt) | 28,000 | NaN |
| Net cash (used in) / provided by financing activities | 3,403,794 | -3,577,794 |
| Effect of exchange rate changes on cash and cash equivalents | 7,000 | NaN |
| Net change in cash and cash equivalents | -2,373,057 | -73,943 |
| Cash and cash equivalents at beginning of the period | 9,284 | 83,227 |
| Cash and cash equivalents at end of the period | 1,774,000 | 9,284 |
Fusemachines Inc. (FUSE)
Fusemachines Inc. (FUSE)