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Balance Sheets Overview

Current Ratio
7.69%
Quick Ratio
7.69%
Cash Ratio
6.13%
Debt to Asset Ratio
38.20%
Unit: Dollar
Assets Breakdown
    • Investments held in trust
    • Cash
    • Prepaid expenses
Liabilities Breakdown
    • Class a ordinary shares subject ...
    • Accumulated deficit
    • Deferred underwriting fee payabl...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
401,642
132,866
112,295
614,005
Prepaid expenses
102,237
109,539
81,072
25,162
Total current assets
503,879
242,405
193,367
639,167
Investments held in trust
25,813,648
25,486,851
25,164,437
24,823,733
Total assets
26,317,527
25,729,256
25,357,804
25,462,900
Accrued expenses and offering costs
2,078,858
569,699
604,052
573,060
Related party payable
73,500
3,500
3,500
3,500
Note payable - sponsor
2,500,000
2,200,000
1,700,000
1,700,000
Convertible note payable - sponsor
1,900,000
1,540,000
1,540,000
1,540,000
Total current liabilities
6,552,358
4,313,199
3,847,552
3,816,560
Deferred underwriting fee payable
3,500,000
3,500,000
3,500,000
3,500,000
Total liabilities
10,052,358
7,813,199
7,347,552
7,316,560
Class a ordinary shares subject to possible redemption 2,236,713 and 10,000,000 shares at redemption value of 11.10 and 10.69 at september 30, 2025 and december 31, 2024, respectively-Class Common Stock Subject To Redemption
-
-
-
24,823,733
Class a ordinary shares subject to possible redemption 2,236,713 shares at redemption value of 11.54 and 11.25 at june 30, 2026 and december 31, 2025, respectively
25,813,648
25,486,851
25,164,437
-
Ordinary shares-Common Class A
-
-
400
400
Ordinary shares-Classa Common Stock Not Subject To Redemption
400
400
-
-
Ordinary shares-Common Class B
242
242
242
242
Accumulated deficit
-9,549,121
-7,571,436
-7,154,827
-6,678,035
Total shareholders' deficit
-9,548,479
-7,570,794
-7,154,185
-6,677,393
Total liabilities and shareholders' deficit
26,317,527
25,729,256
25,357,804
25,462,900
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash$401,642 (-63.55%↓ Y/Y)Prepaid expenses$102,237 (36.93%↑ Y/Y)Investments held in trust$25,813,648 (-76.36%↓ Y/Y)Total current assets$503,879 (-57.17%↓ Y/Y)Total assets$26,317,527 (-76.15%↓ Y/Y)Accumulated deficit-$9,549,121 (-67.21%↓ Y/Y)Total liabilities andshareholders' deficit$26,317,527 (-76.15%↓ Y/Y)Total shareholders'deficit-$9,548,479 (-67.22%↓ Y/Y)Ordinary shares-ClassaCommon Stock Not...$400 Ordinary shares-CommonClass B$242 (-62.31%↓ Y/Y)Class a ordinaryshares subject to...$25,813,648 Total liabilities$10,052,358 (45.97%↑ Y/Y)Total currentliabilities$6,552,358 (93.48%↑ Y/Y)Deferred underwritingfee payable$3,500,000 (0.00%↑ Y/Y)Note payable -sponsor$2,500,000 (150.00%↑ Y/Y)Accrued expenses andoffering costs$2,078,858 (146.57%↑ Y/Y)Convertible note payable -sponsor$1,900,000 (23.38%↑ Y/Y)Related party payable$73,500 (2000.00%↑ Y/Y)

Spark I Acquisition Corp (SPKL)

Spark I Acquisition Corp (SPKL)