A SPAC III Acqsn Financials
This page shows A SPAC III Acqsn (ASPC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, A SPAC III Acqsn generates $2.09 in operating cash flow (-$474K OCF vs -$226K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
A SPAC III Acqsn reported -$226K in net income in fiscal year 2024. This represents a decrease of 8442.8% from the prior year.
A SPAC III Acqsn held $1.6M in cash against $0 in long-term debt as of fiscal year 2024.
ASPC Income Statement
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $174K-34.9% | $267K+14.2% | $234K | N/A | $39K+384.7% | $8K | N/A |
| Operating Income | -$174K+34.9% | -$267K-14.2% | -$234K | N/A | -$39K-384.7% | -$8K | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $480K+26.4% | $380K-8.1% | $413K | N/A | -$39K-384.7% | -$8K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | $-0.03 | N/A | N/A |
ASPC Balance Sheet
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| Total Assets | $63.4M+0.9% | $62.8M+0.8% | $62.2M+0.3% | $62.1M+75371.3% | $82K | N/A | $0 |
| Current Assets | $1.1M-5.1% | $1.2M-8.7% | $1.3M-26.6% | $1.7M | N/A | N/A | N/A |
| Cash & Equivalents | $1.1M-0.6% | $1.1M-4.6% | $1.1M-30.0% | $1.6M | N/A | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $62.4M+2.5% | $60.9M+2.6% | $59.3M+1.9% | $58.2M+21491.7% | $270K | N/A | $141K |
| Current Liabilities | $530K+24.6% | $425K+52.5% | $279K-46.1% | $517K+91.9% | $270K | N/A | $141K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $975K-48.6% | $1.9M-34.6% | $2.9M-24.8% | $3.9M+2162.1% | -$187K-26.1% | -$149K-5.7% | -$141K |
| Retained Earnings | $882K+119.7% | $401K+1788.5% | $21K+105.4% | -$392K-84.6% | -$212K | N/A | -$166K |
ASPC Cash Flow Statement
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6K+88.5% | -$51K+74.8% | -$203K+42.8% | -$355K | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0 | $0+100.0% | -$276K-100.4% | $62.0M | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ASPC Financial Ratios
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 49.3%+29.3pp | 20.0%+5.8pp | 14.2% | N/A | N/A | N/A | N/A |
| Return on Assets | 0.8%+0.1pp | 0.6%-0.0pp | 0.7% | N/A | -47.1% | N/A | N/A |
| Current Ratio | 2.06-0.6 | 2.71-1.8 | 4.52+1.2 | 3.32 | N/A | N/A | N/A |
| Debt-to-Equity | 63.99+31.9 | 32.07+11.6 | 20.44+5.4 | 15.07+16.5 | -1.44 | N/A | -1.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is A SPAC III Acqsn profitable?
No, A SPAC III Acqsn (ASPC) reported a net income of -$226K in fiscal year 2024.
What is A SPAC III Acqsn's operating cash flow?
A SPAC III Acqsn (ASPC) generated -$474K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are A SPAC III Acqsn's total assets?
A SPAC III Acqsn (ASPC) had $62.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What is A SPAC III Acqsn's current ratio?
A SPAC III Acqsn (ASPC) had a current ratio of 3.32 as of fiscal year 2024, which is generally considered healthy.
What is A SPAC III Acqsn's debt-to-equity ratio?
A SPAC III Acqsn (ASPC) had a debt-to-equity ratio of 15.07 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is A SPAC III Acqsn's return on assets (ROA)?
A SPAC III Acqsn (ASPC) had a return on assets of -0.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is A SPAC III Acqsn's cash runway?
Based on fiscal year 2024 data, A SPAC III Acqsn (ASPC) had $1.6M in cash against an annual operating cash burn of $474K. This gives an estimated cash runway of approximately 40 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Are A SPAC III Acqsn's earnings high quality?
A SPAC III Acqsn (ASPC) has an earnings quality ratio of 2.09x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.