The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -113,975 | -72,730 | -66,479 | -291,952 |
| Interest earned on investments held in trust account | 7,392 | 9,458 | 12,345 | 24,311 |
| Interest expense | - | - | - | 0 |
| Prepaid expenses and deferred expenses | 20,438 | -15,951 | -25,951 | 22,799 |
| Accounts payable and accrued expenses | -25,583 | -16,167 | -103,670 | 42,419 |
| Excise tax payable | - | -31,135 | 12,969 | 14,765 |
| Forgiveness of debt | - | - | - | 0 |
| Income taxes payable | 2,580 | -172,973 | 9,425 | -39,459 |
| Net cash used in operating activities | -164,808 | -286,512 | -134,149 | -321,337 |
| Cash withdrawn from trust account to pay franchise and income taxes | - | 27,249 | - | - |
| Investment of cash into trust account | - | - | - | 0 |
| Cash withdrawn from trust account in connection with redemption | - | 335,538 | - | - |
| Net cash provided by investing activities | - | 362,787 | - | 0 |
| Repayment of promissory note | - | - | - | 0 |
| Proceeds from promissory note related party | 250,000 | 230,000 | 150,000 | 230,000 |
| Redemption of common stock | - | 335,538 | - | - |
| Net cash provided by financing activities | 250,000 | -105,538 | 150,000 | 230,000 |
| Net change in cash | 85,192 | -29,263 | 15,851 | -91,337 |
| Cash beginning of period | 11,909 | 41,172 | 116,658 | - |
| Cash end of period | 97,101 | 11,909 | 41,172 | - |
Mountain Crest Acquisition Corp. V (MCAG)
Mountain Crest Acquisition Corp. V (MCAG)