For the quarter ending 2026-03-31, QETA has $19,563,234 in assets. $5,389,398 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Prepaid expenses and other assets | - | 8,334 | 43,249 | 94,869 |
| Cash | 909 | 1,195 | 9,068 | 225,929 |
| Prepaid franchise and income taxes | - | - | 17,298 | - |
| Other current asset | 20,593 | 12,902 | - | - |
| Total current assets | 21,502 | 22,431 | 69,615 | 320,798 |
| Cash and investments held in trust account | 19,541,732 | 19,233,261 | 18,933,453 | 18,716,360 |
| Total assets | 19,563,234 | 19,255,692 | 19,003,068 | 19,037,158 |
| Due to related party - administrative fee | 30,000 | - | 30,000 | 20,000 |
| Income tax payable | - | - | - | 66,050 |
| Due to related party | 297,765 | 291,765 | - | - |
| Promissory note km quad | - | - | - | 1,040,000 |
| Due to skg-SKG | 120,000 | - | - | - |
| Due to related party-Related Party | - | - | 100,000 | 50,000 |
| Other liability | 48,235 | 48,235 | - | - |
| Accounts payable and accrued expenses | 656,876 | 561,813 | 634,739 | 709,660 |
| Franchise tax payable | 10,000 | - | - | 18,266 |
| Excise tax payable | 551,522 | 551,522 | 551,522 | - |
| Promissory note-Related Party | 220,000 | 160,000 | 100,000 | - |
| Excise tax payable | - | - | - | 551,522 |
| Promissory note-Nonrelated Party | 1,040,000 | 1,040,000 | 1,040,000 | - |
| Total current liabilities | 2,974,398 | 2,653,335 | 2,456,261 | 2,455,498 |
| Deferred underwriting fee payable | 2,415,000 | 2,415,000 | 2,415,000 | 2,415,000 |
| Total liabilities | 5,389,398 | 5,068,335 | 4,871,261 | 4,870,498 |
| Common stock subject to possible redemption, 0.0001 par value 20,000,000 shares authorized 1,700,703 shares issued and outstanding at redemption value of 11.56 and 11.34 as of march 31, 2026 and december 31, 2025, respectively | 19,668,085 | 19,294,398 | 19,015,323 | 18,696,615 |
| Common stock, 0.0001 par value 20,000,000 shares authorized 2,047,045 shares issued and outstanding (excluding 1,700,703 shares subject to possible redemption as of march 31, 2026 and december 31, 2025, respectively) | 204 | 204 | 204 | 204 |
| Accumulated deficit | -5,494,453 | -5,107,245 | -4,883,720 | -4,530,159 |
| Total stockholders deficit | -5,494,249 | -5,107,041 | -4,883,516 | -4,529,955 |
| Total liabilities and stockholders deficit | 19,563,234 | 19,255,692 | 19,003,068 | 19,037,158 |
Quetta Acquisition Corp (QETA)
Quetta Acquisition Corp (QETA)