ATHENA TECH ACQ CP II UTS (ATEKU) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ATEKU SEC filings page.
This page shows ATHENA TECH ACQ CP II UTS (ATEKU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
The dominant mechanic is balance-sheet contraction: shrinking assets, persistent operating outflows, and liabilities left larger than resources.
From FY2023 to FY2025, total assets fell from$26.3M to$1.4M , indicating a sharply contracting asset base rather than an expanding operating platform. Liabilities still totaled$18.4M in FY2025 while equity was negative-$17.0M , showing that obligations did not shrink as quickly as the assets supporting them.
Operating cash flow was negative in each of FY2023–FY2025, reaching
The current ratio fell from 0.5x in FY2022 to 0.1x in FY2025, indicating worsening short-term coverage. In FY2025, current liabilities were
Financial Health Signals
ATHENA TECH ACQ CP II UTS does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ATHENA TECH ACQ CP II UTS passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
ATHENA TECH ACQ CP II UTS reported a net loss of $1.3M while operations used $838K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
ATHENA TECH ACQ CP II UTS reported -$409K in net income in Q2 2026. This represents an increase of 41.4% from the same quarter a year earlier. Against the prior quarter it is up 12.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
ATHENA TECH ACQ CP II UTS held $24K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
ATEKU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $413K-34.9% | $465K-35.9% | N/A | $202K-55.4% | $635K+66.1% | $726K-6.5% | N/A | $453K-33.2% |
| Income Tax | $80-94.4% | $64-95.5% | N/A | $1K-96.1% | $1K-96.6% | $1K-97.6% | N/A | $39K-34.8% |
| Net Income | -$409K+41.4% | -$466K+39.4% | N/A | $508K+261.3% | -$699K-197.0% | -$769K-27.8% | N/A | -$315K+42.6% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ATEKU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $864K-81.1% | $1.1M-75.8% | $1.4M-69.7% | $1.5M-90.3% | $4.6M-70.6% | $4.7M | $4.5M-83.0% | $15.6M-39.9% |
| Current Assets | $697K-29.0% | $835K-13.9% | $1.1M+32.0% | $1.2M+78.4% | $982K+19.1% | $971K | $801K-58.8% | $686K+4.0% |
| Cash & Equivalents | $24K-91.4% | $155K-68.1% | $348K+145.0% | $527K+229.8% | $280K+489.9% | $487K-70.4% | $142K-92.2% | $160K+452.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $18.8M-24.1% | $18.6M-22.8% | $18.4M-21.2% | $18.2M-44.3% | $24.7M-22.8% | $24.1M | $23.3M-43.6% | $32.7M-13.8% |
| Current Liabilities | $9.6M-16.9% | $9.3M-15.3% | $9.1M-10.2% | $8.9M+7.2% | $11.6M+46.9% | $11.0M | $10.1M+33.2% | $8.3M+67.3% |
| Non-Current Liabilities | $9.2M-30.5% | $9.3M-29.0% | $9.3M-29.7% | $9.3M-61.8% | $13.2M-45.5% | $13.1M | $13.2M-60.8% | $24.4M-26.0% |
| Total Equity | -$17.9M+11.2% | -$17.5M+9.9% | -$17.0M+9.7% | -$16.7M+2.0% | -$20.2M-22.0% | -$19.4M-20.9% | -$18.9M-25.5% | -$17.1M-43.6% |
| Retained Earnings | -$18.3M+9.6% | -$17.9M+8.4% | -$17.4M+7.7% | -$17.1M-0.2% | -$20.2M-22.3% | -$19.5M | -$18.9M-23.5% | -$17.1M-40.8% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
ATEKU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$130K+66.1% | -$192K-40.3% | -$177K+5.8% | -$140K+85.6% | -$384K+75.2% | -$137K+42.8% | -$188K-110.3% | -$971K-964.0% |
| Investing Cash Flow | $137K-22.4% | -$1K+92.0% | -$1K-100.0% | $3.3M+4399.9% | $177K-98.2% | -$19K-117.5% | $11.4M+6455.7% | -$77K+84.8% |
| Financing Cash Flow | N/A | N/A | $0+100.0% | -$2.9M-795.3% | $0+100.0% | $500K+1228.3% | -$11.3M | $422K+40.7% |
| Share Buybacks | N/A | N/A | $0-100.0% | N/A | N/A | N/A | $11.5M | $0 |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.
ATEKU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$17.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.12), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| ATHENA TECH ACQ CP II UTS ATEKU | FY2025 | N/A | -$1.3M | N/A | N/A | — |
| ALTENERGY ACQ CORP UTS AEAEU | FY2025 | N/A | -$2.3M | N/A | N/A | — |
| AIMFINITY INV CP I SUBUNT AIMTF | FY2024 | N/A | $1.2M | N/A | N/A | — |
| AQUARON ACQ CORP UTS AQUNU | FY2024 | N/A | -$357K | N/A | N/A | — |
| BREEZE HLDGS ACQ CORP WTS BRZHW | FY2024 | N/A | -$2.3M | N/A | N/A | — |
Where ATHENA TECH ACQ CP II UTS Ranks
Frequently Asked Questions
Is ATHENA TECH ACQ CP II UTS profitable?
No, ATHENA TECH ACQ CP II UTS (ATEKU) reported a net income of -$1.3M in fiscal year 2025.
What is ATHENA TECH ACQ CP II UTS's operating cash flow?
ATHENA TECH ACQ CP II UTS (ATEKU) recorded an outflow of $838K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are ATHENA TECH ACQ CP II UTS's total assets?
ATHENA TECH ACQ CP II UTS (ATEKU) had $1.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is ATHENA TECH ACQ CP II UTS's current ratio?
ATHENA TECH ACQ CP II UTS (ATEKU) had a current ratio of 0.12 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is ATHENA TECH ACQ CP II UTS's return on assets (ROA)?
ATHENA TECH ACQ CP II UTS (ATEKU) had a return on assets of -93.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is ATHENA TECH ACQ CP II UTS's debt-to-equity ratio negative or not reported?
ATHENA TECH ACQ CP II UTS (ATEKU) has negative shareholder equity of -$17.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is ATHENA TECH ACQ CP II UTS's Piotroski F-Score?
ATHENA TECH ACQ CP II UTS (ATEKU) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ATHENA TECH ACQ CP II UTS's earnings high quality?
ATHENA TECH ACQ CP II UTS (ATEKU) reported a net loss of $1.3M while operations used $838K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.