For the quarter ending 2026-03-31, VWAVW has $135,701,992 in assets. $37,055,117 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 14,255,720 | 2,646,570 | - | - |
| Cash | - | - | 2,284,933 | 885 |
| Prepaid expenses and other current assets | 614,472 | 1,109,748 | 189,549 | 3,930 |
| Advances to supplier | 98,250 | 98,250 | 98,250 | - |
| Due from related party | 147,500 | 147,500 | 120,000 | - |
| Total current assets | 15,115,942 | 4,002,068 | 2,692,732 | 4,815 |
| Investment in securities designated for sale | 281 | 281 | 281 | - |
| Equity method investment | 2,773,616 | - | - | - |
| Notes receivable | 3,476,245 | 398,245 | - | - |
| Property and equipment, net | 60,121 | 56,786 | - | - |
| Other non-current assets | 360,000 | - | - | - |
| Cash held in trust account | - | - | - | 1,168,644 |
| Intangible assets, net | 113,915,787 | 13,912,678 | - | - |
| Total assets | 135,701,992 | 18,370,058 | 2,693,013 | 1,173,459 |
| Accounts payable and accrued expenses | 4,284,917 | 4,193,380 | 3,917,834 | 1,265,056 |
| Customer deposit | 108,006 | 108,006 | 108,006 | - |
| Deferred revenue | 350,000 | - | - | - |
| Income taxes payable | 1,043,932 | 1,019,471 | 994,704 | 955,887 |
| Excise tax payable | 1,002,860 | 976,653 | 943,039 | 913,292 |
| Promissory notes - evie | - | 1,003,995 | 1,003,995 | 1,003,995 |
| Promissory notes, net of unamortized debt issuance cost | 21,939,203 | - | - | - |
| Due to related parties | 2,100,316 | 1,483,782 | 2,434,492 | 2,153,962 |
| Convertible notes payable, net of unamortized debt issuance cost | 5,625,883 | 5,585,132 | 4,861,390 | - |
| Stock based compensation liability | 375,000 | 712,800 | - | - |
| Deferred underwriters discount | 225,000 | 225,000 | 225,000 | - |
| Total current liabilities | 37,055,117 | 15,308,219 | - | 6,292,192 |
| Warrant liability | - | - | - | 25,984 |
| Redemptions payable | - | - | - | 972,722 |
| Total current liabilities | - | - | 14,488,460 | 225,000 |
| Total liabilities | 37,055,117 | 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 20,347,137 and 14,521,094 shares issued and outstanding at march 31, 2026 and september 30, 2025, respectively | 203,470 | 165,166 | 145,211 | 39,615 |
| Shares to be issued related to acquisition, par value 0.01, 7,000,000 and 0 shares at march 31, 2026 and september 30, 2025, respectively | 66,990,000 | - | - | - |
| Additional paid-in capital | 66,408,319 | 24,941,494 | 3,168,248 | - |
| Accumulated deficit | -34,954,914 | -22,044,821 | -15,108,906 | -6,975,977 |
| Less treasury stock at cost1,437,500common shares | - | - | - | 14,375 |
| Total stockholders equity (deficit) | 98,646,875 | 3,061,839 | -11,795,447 | -6,950,737 |
| Total liabilities and stockholders equity (deficit) | 135,701,992 | 18,370,058 | 2,693,013 | 1,173,459 |
VisionWave Holdings, Inc. (VWAVW)
VisionWave Holdings, Inc. (VWAVW)