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Balance Sheets Overview

Current Ratio
15.68%
Quick Ratio
15.68%
Cash Ratio
0.25%
Debt to Asset Ratio
21.70%
Unit: Dollar
Assets Breakdown
    • Cash and investments held in tru...
    • Prepaid income taxes
    • Prepaid expenses
    • Others
Liabilities Breakdown
    • Common stock subject to possible...
    • Accumulated deficit
    • Excise taxes payable
    • Others
Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash restricted
0
-
787,365
-
Cash
4,634
165,484
428,700
486,018
Prepaid expenses
89,157
21,018
27,833
52,332
Short-term prepaid insurance
57,501
114,346
-
84,875
Prepaid income taxes
137,139
60,930
-
-
Total current assets
288,431
361,778
1,243,898
623,225
Cash and investments held in trust account
8,188,994
16,043,483
15,890,194
121,553,746
Total assets
8,477,425
16,405,261
17,134,092
122,176,971
Accounts payable and accrued expenses
686,694
98,073
73,757
20,776
Income taxes payable
-
-
694,245
525,445
Excise taxes payable
1,140,176
1,061,310
1,061,310
-
Due to sponsor
12,788
2,788
2,788
2,788
Total current liabilities
1,839,658
1,162,171
1,832,100
549,009
Total liabilities
1,839,658
1,162,171
1,832,100
549,009
Common stock subject to possible redemption, 759,139 and 1,490,880 shares at redemption value of 10.97 and 10.72 per share as of march 31, 2026 and september 30, 2025, respectively
8,326,133
16,104,413
15,983,315
121,028,301
Common stock, 0.0001 par value, 100,000,000 shares authorized, 4,249,090 shares issued and outstanding as of march 31, 2026 and september 30, 2025
425
425
425
425
Additional paid-in capital
-
-
-
0
Accumulated deficit
-1,688,791
-861,748
-681,748
599,236
Total stockholders deficit
-1,688,366
-861,323
-681,323
599,661
Total liabilities and stockholders deficit
8,477,425
16,405,261
17,134,092
122,176,971
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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

Balance Sheets

Prepaid income taxes$137,139 Prepaid expenses$89,157 Short-term prepaidinsurance$57,501 Cash$4,634 Cash and investmentsheld in trust account$8,188,994 Total current assets$288,431 Total assets$8,477,425 Accumulated deficit-$1,688,791 Total liabilities andstockholders deficit$8,477,425 Total stockholdersdeficit-$1,688,366 Common stock, 0.0001par value,...$425 Common stock subject topossible redemption,...$8,326,133 Total liabilities$1,839,658 Total currentliabilities$1,839,658 Excise taxes payable$1,140,176 Accounts payable andaccrued expenses$686,694 Due to sponsor$12,788

IB Acquisition Corp. (IBAC)

IB Acquisition Corp. (IBAC)