Columbus Acquisition Corp (COLAR) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the COLAR SEC filings page.
This page shows Columbus Acquisition Corp (COLAR) 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).
The dominant mechanic is a financing-led balance-sheet transformation, with earnings outside operations offsetting weak core activity and thin equity capitalization.
FY2025 reported net income of$1.3M despite an operating loss of-$946.5K , so the bottom line was not produced by core operations. Operating cash flow was-$582.9K , reinforcing that the reported profit did not translate into cash from the business itself.
Total assets expanded from
Liabilities reached
Financial Health Signals
Columbus Acquisition Corp 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.
Columbus Acquisition Corp passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
For every $1 of reported earnings, Columbus Acquisition Corp used $0.45 of operating cash (-$583K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Columbus Acquisition Corp reported $90K in net income in Q2 2026. This represents a decrease of 80.6% from the same quarter a year earlier. Against the prior quarter it is up 46.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Columbus Acquisition Corp held $8K 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.
COLAR 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 | $137K-10.1% | $226K-11.0% | N/A | $132K+968.5% | $152K+268.7% | $254K+3613.0% | N/A | $12K |
| Operating Income | -$137K+10.1% | -$226K+11.0% | N/A | -$132K-968.5% | -$152K-268.7% | -$254K-3613.0% | N/A | -$12K |
| Net Income | $90K-80.6% | $61K-59.0% | N/A | $498K+4126.5% | $463K+1222.9% | $150K+2290.4% | N/A | -$12K |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
COLAR 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 | $27.3M-55.8% | $27.0M-55.9% | $62.7M+31255.2% | $62.3M | $61.8M | $61.3M | $200K | N/A |
| Current Assets | $93K-88.6% | $190K-79.3% | $489K | $694K | $818K | $918K | N/A | N/A |
| Cash & Equivalents | $8K-98.9% | $129K-85.5% | $484K | $638K | $761K | $894K | N/A | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | N/A | N/A |
| Total Liabilities | $27.8M-54.5% | $27.2M-55.0% | $62.5M+24705.6% | $61.8M | $61.1M | $60.4M | $252K | N/A |
| Current Liabilities | $576K+486.9% | $387K+739.7% | $310K+23.0% | $106K | $98K | $46K | $252K | N/A |
| Non-Current Liabilities | $27.2M-55.4% | $26.8M-55.6% | $62.2M | $61.6M | $61.0M | $60.4M | $0 | N/A |
| Total Equity | -$483K-167.1% | -$197K-122.6% | $179K+444.1% | $588K+1760.3% | $720K+3224.8% | $872K+4700.5% | -$52K | -$35K |
| Retained Earnings | -$483K-190.3% | -$197K-370.8% | $179K+332.2% | $588K | $535K | $73K | -$77K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
COLAR 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 | -$196K-47.7% | -$279K-61.9% | -$155K-982.7% | -$123K-633.7% | -$133K-222.1% | -$173K-7035.1% | -$14K | -$17K |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | $61K | N/A | N/A |
| Investing Cash Flow | -$150K | $35.7M+159.5% | $0 | $0 | $0 | -$60.0M | N/A | N/A |
| Financing Cash Flow | $225K | -$35.8M-158.6% | $0-100.0% | $0-100.0% | $0-100.0% | $61.1M+2525404.1% | $14K | $17K |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
COLAR 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, Asset Turnover, FCF Margin.
Where Columbus Acquisition Corp Ranks
Frequently Asked Questions
Is Columbus Acquisition Corp profitable?
Yes, Columbus Acquisition Corp (COLAR) reported a net income of $1.3M in fiscal year 2025.
What is Columbus Acquisition Corp's return on equity (ROE)?
Columbus Acquisition Corp (COLAR) has a return on equity of 717.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Columbus Acquisition Corp's operating cash flow?
Columbus Acquisition Corp (COLAR) recorded an outflow of $583K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Columbus Acquisition Corp's total assets?
Columbus Acquisition Corp (COLAR) had $62.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Columbus Acquisition Corp's current ratio?
Columbus Acquisition Corp (COLAR) had a current ratio of 1.58 as of fiscal year 2025, which is generally considered healthy.
What is Columbus Acquisition Corp's debt-to-equity ratio?
Columbus Acquisition Corp (COLAR) had a debt-to-equity ratio of 348.93 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Columbus Acquisition Corp's return on assets (ROA)?
Columbus Acquisition Corp (COLAR) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Columbus Acquisition Corp's Piotroski F-Score?
Columbus Acquisition Corp (COLAR) has a Piotroski F-Score of 3 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 Columbus Acquisition Corp's earnings high quality?
For every $1 of reported earnings, Columbus Acquisition Corp (COLAR) used $0.45 of operating cash (-$583K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.