MCAG: the balance sheet

MyFinsight

For the year ending 2025-12-31, MCAG has $873,566 in assets. $3,722,462 in debts.

Balance Sheets	2025-12-31
Cash	11,909
Prepaid expenses and deferred expenses	21,018
Total current assets	32,927
Investments held in trust account	840,639
Total assets	873,566

Accounts payable and accrued expenses	270,977
Income taxes payable	81,485
Promissory note related party	1,300,000
Total current liabilities	1,652,462
Deferred underwriting fee payable	2,070,000
Total liabilities	3,722,462
Common stock subject to possible redemption, 0.0001 par value, 30,000,000 shares authorized, 72,123 and 101,104 shares issued and outstanding as of december31, 2025 and 2024, respectively	835,478
Common stock 0.0001 par value 30,000,000 shares authorized 2,800,900 issued and outstanding (excluding 72,123 and 101,104 shares subject to possible redemption) as of december31, 2025 and 2024, respectively	281
Additional paid-in capital	2,218,284
Accumulated deficit	-5,902,939
Total stockholders deficit	-3,684,374
Total liabilities and stockholders deficit	873,566

Unit: Dollar.