NOEM: the balance sheet

MyFinsight

For the year ending 2025-12-31, NOEM has $72,496,829 in assets. $2,875,111 in debts.

Balance Sheets	2025-12-31
Cash	287,601
Prepaid expenses	95,333
Total current assets	382,934
Investments held in trust account	72,113,895
Total assets	72,496,829

Accounts payable and accrued expenses	142,278
Accrued offering costs	75,000
Income tax payable	576,103
Working capital note related party	11,730
Total current liabilities	805,111
Deferred underwriting fee	2,070,000
Total liabilities	2,875,111
Common stock subject to possible redemption, 6,900,000 shares issued and outstanding at redemption value of 10.35 and 10.03 per share as of december 31, 2025 and 2024, respectively	71,410,223
Common stock, 0.0001 par value 40,000,000 shares authorized 2,685,750 shares issued and outstanding at december 31, 2025 and 2024, respectively (excluding 6,900,000 shares subject to possible redemption)	269
Accumulated deficit	-1,788,774
Total stockholders deficit	-1,788,505
Total liabilities, common stock subject to possible redemption and stockholders deficit	72,496,829

Unit: Dollar.