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Income Statement
New Horizon Aircraft Ltd. (HOVRW)
source: myfinsight.com
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Termination of forward
purchase agreement
$21,400K
Interest (income)
expense, net
$123K
Total other (income)
expenses
$18,785K
Change in fair value of
forward purchase...
-$740K
Change in fair value of
warrants
$1,988K
Other expenses
(income)
-$10K
Income (loss) before
income taxes
$5,200K
Loss from operations
-$13,585K
Net income (loss)
$5,200K
Total operating
expenses
$13,585K
General and
administrative
$9,925K
Research and development
$3,660K
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