The latest financial statement is for the quarter ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Net loss | -6,935,915 | -5,686,336 | -861,759 | - |
| Interest expense | - | 38,737 | - | - |
| Amortization of debt issuance cost | 36,946 | - | - | - |
| Gain on investment of marketable securities | - | 104,656 | - | - |
| Change in fair value of convertible notes payable | 286,680 | 147,347 | - | - |
| Stock based compensation | 2,417,647 | 2,636,283 | - | - |
| Depreciation and amortization | 118,895 | - | - | - |
| Prepaid expenses and other current assets | 919,368 | 185,619 | - | - |
| Due from related party | - | 120,000 | - | - |
| Advance to supplier | - | 98,250 | - | - |
| Customer deposit | - | 108,006 | - | - |
| Due from related party | 127,862 | - | - | - |
| Accounts payable and accrued expenses | 257,964 | 3,036,705 | 295,173 | - |
| Deferred offering costs | - | 250,000 | - | - |
| Due to related parties | -950,710 | -1,736,103 | 147,500 | - |
| Change in fair value of warrant liability | - | - | 13,804 | - |
| Stock-based compensation liability | 350,000 | - | - | - |
| Interest income on trust account | - | - | 34,720 | - |
| Excise tax payable | 33,614 | -72,512 | 127,219 | - |
| Income taxes payable | 24,767 | -32,396 | 67,461 | - |
| Net cash (used in) provided by operating activities | -5,407,342 | -2,592,572 | -245,322 | - |
| Investment of cash into trust account | - | - | 52,408 | - |
| Notes receivable | 398,245 | - | - | - |
| Redemptions from trust account | - | - | 2,573,762 | - |
| Purchase of property and equipment | 50,381 | - | - | - |
| Withdrawal from trust account to pay taxes | - | - | 94,099 | - |
| Proceeds from sale of marketable securities, net | - | 114,375 | - | - |
| Cash acquired in connection with asset acquisition | 119,135 | - | - | - |
| Net cash used in investing activities | -329,491 | -2,501,078 | 2,615,453 | - |
| Redemption of class a common stock subject to possible redemption | - | - | 2,573,762 | - |
| Proceeds from business combination | - | 23,846 | - | - |
| Advances from affiliated related parties | - | - | 215,762 | - |
| Proceeds from issuance of convertible note | 550,000 | 4,970,000 | - | - |
| Repayment of convertible notes | 128,884 | - | 21,000 | - |
| Proceeds from exercise of warrants | 5,698,354 | 11,592 | - | - |
| Net cash provided by financing activities | 6,098,470 | 7,384,438 | -2,379,000 | - |
| Net change in cash | 361,637 | 2,290,788 | -8,869 | 0 |
| Cash and cash equivalents at beginning of period | 2,284,933 | 885 | 0 | 0 |
| Cash and cash equivalents at end of period | 2,646,570 | 2,284,933 | 885 | 0 |
VisionWave Holdings, Inc. (VWAV)
VisionWave Holdings, Inc. (VWAV)