| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Operating expenses | 917,076 | 449,001 | ||
| Loss from operations | -917,076 | -449,001 | ||
| Interest and income earned on cash and trust investments | 7,045 | 22,297 | ||
| Interest expense | 18,676 | 54,629 | ||
| Change in fair value of conversion event feature | -14,464 | 5,335 | ||
| Excise tax interest and penalties | 67,884 | 110,045 | ||
| Change in fair value of warrant liabilities | -6,980,000 | 7,607,000 | ||
| Total other income (expense), net | 6,914,949 | -7,754,712 | ||
| Income (loss) before provision for income taxes | 5,997,873 | -8,203,713 | ||
| Provision for income taxes | 2,361 | 3,085 | ||
| Net income (loss) | 5,995,512 | -8,206,798 | ||
| Basic, net (loss) income per share (in dollars per share) | 1.04 | - | ||
| Diluted, net (loss) income per share (in dollars per share) | 1.04 | - | ||
| Weighted average shares outstanding of basic (in shares) | 25,570 | - | ||
| Weighted average shares outstanding of diluted (in shares) | 25,570 | - | ||
INTEGRATED RAIL & RESOURCES ACQUISITION CORP (IRRX)
INTEGRATED RAIL & RESOURCES ACQUISITION CORP (IRRX)