irrxw: the income statement

MyFinsight

For the quarter ending 2025-09-30, IRRXW made -$6,987,419 in revenue. $5,995,512 in net income. Net profit margin of -85.80%.

Unit: Dollar

Income Statement	2025-09-30
Operating expenses	917,076
Loss from operations	-917,076
Interest and income earned on cash and trust investments	7,045
Interest expense	18,676
Change in fair value of conversion event feature	-14,464
Excise tax interest and penalties	67,884
Change in fair value of warrant liabilities	-6,980,000
Total other income (expense), net	6,914,949
Income (loss) before provision for income taxes	5,997,873
Provision for income taxes	2,361
Net income (loss)	5,995,512

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