For the quarter ending 2025-12-31, VWAV has $18,370,058 in assets. $15,308,219 in debts.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,646,570 | - | - | - |
| Cash | - | 2,284,933 | 885 | - |
| Prepaid expenses and other current assets | 1,109,748 | 189,549 | 3,930 | - |
| Advances to supplier | 98,250 | 98,250 | - | - |
| Due from related party | 147,500 | 120,000 | - | - |
| Total current assets | 4,002,068 | 2,692,732 | 4,815 | 0 |
| Investment in securities designated for sale | 281 | 281 | - | - |
| Note receivable | 398,245 | - | - | - |
| Property and equipment, net | 56,786 | - | - | - |
| Cash held in trust account | - | - | 1,168,644 | - |
| Intangible assets, net | 13,912,678 | - | - | - |
| Total assets | 18,370,058 | 2,693,013 | 1,173,459 | 0 |
| Accounts payable and accrued expenses | 4,193,380 | 3,917,834 | 1,265,056 | - |
| Customer deposit | 108,006 | 108,006 | - | - |
| Income taxes payable | 1,019,471 | 994,704 | 955,887 | - |
| Excise tax payable | 976,653 | 943,039 | 913,292 | - |
| Promissory notes - evie | 1,003,995 | 1,003,995 | 1,003,995 | - |
| Due to related parties | 1,483,782 | 2,434,492 | 2,153,962 | - |
| Convertible notes payable | 5,585,132 | 4,861,390 | - | - |
| Stock based compensation liability | 712,800 | - | - | - |
| Deferred underwriters discount | 225,000 | 225,000 | - | - |
| Total current liabilities | 15,308,219 | - | 6,292,192 | - |
| Warrant liability | - | - | 25,984 | - |
| Redemptions payable | - | - | 972,722 | - |
| Total current liabilities | - | 14,488,460 | 225,000 | - |
| Total liabilities | 15,308,219 | 14,488,460 | 7,515,898 | - |
| Common stock subject to possible redemption 16,353 and 324,748 at redemption value on june 30, 2025 and december 31, 2024, respectively | - | - | 608,298 | - |
| Common stock, par value 0.01, 150,000,000 shares authorized 16,516,603 and 14,521,094 shares issued and outstanding at december 31, 2025 and september 30, 2025, respectively | 165,166 | 145,211 | 39,615 | - |
| Additional paid-in capital | 24,941,494 | 3,168,248 | - | - |
| Accumulated deficit | -22,044,821 | -15,108,906 | -6,975,977 | - |
| Less treasury stock at cost1,437,500common shares | - | - | 14,375 | - |
| Total stockholders equity (deficit) | 3,061,839 | -11,795,447 | -6,950,737 | - |
| Total liabilities and stockholders equity (deficit) | 18,370,058 | 2,693,013 | 1,173,459 | 0 |
VisionWave Holdings, Inc. (VWAV)
VisionWave Holdings, Inc. (VWAV)