FUSEW: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, FUSEW has $12,352,651 in assets. $43,910,706 in debts.

Unit: Dollar

Balance Sheets	2025-09-30
Cash	9,284
Prepaid expenses	21,484
Other receivable, net of reserve for credit losses of 0 and 505,000 as of september 30, 2025 and december 31, 2024, respectively-Related Party	32,546
Marketable securities held in trust account	12,289,337
Total current assets	12,352,651
Total assets	12,352,651

Accounts payable	351,472
Accrued expenses	1,941,000
Promissory note related party	3,665,000
Accrued interest related party	242,207
Forward purchase agreement prepayment payable	11,005,073
Forward purchase agreement liability	18,842,073
Share redemptions payable	1,222,631
Deferred underwriting commissions	6,641,250
Total current liabilities	43,910,706
Total liabilities	43,910,706
Class a ordinary shares, 0.0001 par value 500,000,000 shares authorized, 901,955 and 1,372,687 shares subject to redemption as of september 30, 2025 and december 31, 2024, respectively-Common Class A	11,066,706
Common stock value-Common Class A	474
Common stock value-Common Class B	0
Share subscription receivable	11,005,073
Additional paid-in capital	1,262,193
Accumulated deficit	-32,882,355
Total shareholders deficit	-42,624,761
Total liabilities, class a ordinary shares subject to possible redemption and shareholders deficit	12,352,651