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For the quarter ending 2025-06-30, PORTW has $850,300 in assets. $10,580,022 in debts.

Balance Sheets Overview

Current Ratio
8.62%
Debt to Asset Ratio
1244.27%
Assets Breakdown
    • Marketable securities held in tr...
    • Cash
    • Prepaid expenses
Liabilities Breakdown
    • Accumulated deficit
    • Warrant liability
    • Excise tax liability
    • Others

Unit: Dollar
Balance Sheets
2025-06-30
Marketable securities held in trust account (including 1,439 and 1,603 of accrued dividends as of june 30, 2025 and december 31, 2024, respectively)
438,166
Total non-current assets
438,166
Prepaid expenses
83,524
Cash
328,610
Total current assets
412,134
Total assets
850,300
Warrant liability
5,797,850
Total non-current liabilities
5,797,850
Excise tax liability
2,424,524
Due to related party
270,590
Promissory note - related party
814,146
Accounts payable
297,402
Administrative support fee - related party
501,500
Accrued offering costs
184,047
Accrued expenses
289,963
Total current liabilities
4,782,172
Total liabilities
10,580,022
Accumulated deficit
-10,873,445
Common stock, value-Common Class B
155
Common stock, value-Common Classa Not Subject To Redemption
420
Additional paid-in capital
704,982
Total stockholders' deficit
-10,167,888
Class a common stock subject to possible redemption 200,000,000 shares authorized 37,987 shares issued and outstanding subject to possible redemption at redemption value as of june 30, 2025 and december 31, 2024-Common Classa Subject To Redemption
438,166
Total liabilities, common stock subject to possible redemption and stockholders' deficit
850,300
Unit: Dollar

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$328,610 Prepaid expenses$83,524 Marketable securities heldin trust account...$438,166 Total current assets$412,134 Total non-currentassets$438,166 Total assets$850,300 Accumulated deficit-$10,873,445 Total liabilities,common stock subject to...$850,300 Total stockholders'deficit-$10,167,888 Additional paid-in capital$704,982 Common stock,value-Common Classa Not...$420 Common stock,value-Common Class B$155 Class a common stocksubject to possible...$438,166 Total liabilities$10,580,022 Total currentliabilities$4,782,172 Total non-currentliabilities$5,797,850 Accrued expenses$289,963 Accrued offering costs$184,047 Administrative support fee -related party$501,500 Accounts payable$297,402 Promissory note - relatedparty$814,146 Due to related party$270,590 Excise tax liability$2,424,524 Warrant liability$5,797,850

Southport Acquisition Corp (PORTW)

Southport Acquisition Corp (PORTW)