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Balance Sheets Overview

Current Ratio
0.03%
Quick Ratio
0.03%
Debt to Asset Ratio
4665.83%
Unit: Dollar
Assets Breakdown
    • Investments held in trust accoun...
    • Cash
Liabilities Breakdown
    • Accumulated deficit
    • Deferred underwriting fee payabl...
    • Note payablesponsor-Sponsor
    • Others
Balance Sheets
2025-09-30
2025-06-30
Cash
4,458
20,313
Total current assets
4,458
20,313
Investments held in trust account
673,027
666,143
Total assets
677,485
686,456
Accounts payable and accrued expenses
3,451,272
2,771,011
Accrued franchise tax
6,088
10,288
Redemptions payable
233,794
233,624
Accrued excise tax
3,145,785
3,077,899
Income taxes payable
289,815
287,454
Advances from related parties-Related Party
100,770
100,770
Note payablesponsor-Sponsor
5,393,225
5,393,225
Note payablerelated party-Related Party
2,054,710
1,829,710
Convertible promissory note, net of debt discount
1,490,459
1,471,784
Conversion event liability
688,414
702,878
Working capital loanrelated party-Related Party
17,935
17,935
Total current liabilities
16,872,267
15,896,578
Warrant liabilities
6,688,000
13,668,000
Deferred underwriting fee payable
8,050,000
8,050,000
Total liabilities
31,610,267
37,614,578
Class a common stock subject to possible redemption. 25,561 and 249,659 shares at redemption value of approximately 15.48 and 12.61 per share at september 30, 2025 and december 31, 2024, respectively
395,746
387,193
Common stock, value-Common Class A
575
575
Accumulated deficit
-31,329,103
-37,315,890
Total stockholders deficit
-31,328,528
-37,315,315
Total liabilities, class a common stock subject to possible redemption and stockholders deficit
677,485
686,456
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash$4,458 Investments held in trustaccount$673,027 Total current assets$4,458 Total assets$677,485 Accumulated deficit-$31,329,103 Total liabilities,class a common stock...$677,485 Total stockholdersdeficit-$31,328,528 Common stock,value-Common Class A$575 Total liabilities$31,610,267 Class a common stocksubject to possible...$395,746 Total currentliabilities$16,872,267 Deferred underwritingfee payable$8,050,000 Warrant liabilities$6,688,000 Notepayablesponsor-Sponsor$5,393,225 Accounts payable andaccrued expenses$3,451,272 Accrued excise tax$3,145,785 Note payablerelatedparty-Related Party$2,054,710 Convertible promissorynote, net of debt...$1,490,459 Conversion event liability$688,414 Income taxes payable$289,815 Redemptions payable$233,794 Advances from relatedparties-Related Party$100,770 Working capitalloanrelated party-Related...$17,935 Accrued franchise tax$6,088

INTEGRATED RAIL & RESOURCES ACQUISITION CORP (IRRX)

INTEGRATED RAIL & RESOURCES ACQUISITION CORP (IRRX)