DENALI CAPITAL ACQ CP WTS Financials
This page shows DENALI CAPITAL ACQ CP WTS (DNQWF) 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).
Financial Health Signals
DENALI CAPITAL ACQ CP WTS passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, DENALI CAPITAL ACQ CP WTS generates $0.04 in operating cash flow (-$5.9M OCF vs -$160.4M 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
DENALI CAPITAL ACQ CP WTS's EBITDA was -$160.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3320.4% from the prior year.
DENALI CAPITAL ACQ CP WTS reported -$160.4M in net income in fiscal year 2025. This represents a decrease of 3320.4% from the prior year.
DENALI CAPITAL ACQ CP WTS earned $-0.78 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 3800.0% from the prior year.
DENALI CAPITAL ACQ CP WTS held $20K in cash against $0 in long-term debt as of fiscal year 2025.
DENALI CAPITAL ACQ CP WTS had 230M shares outstanding in fiscal year 2025. This represents an increase of 15.1% from the prior year.
DENALI CAPITAL ACQ CP WTS invested $2.5M in research and development in fiscal year 2025. This represents an increase of 49.0% from the prior year.
DNQWF Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | 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 | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | $1.1M | N/A | N/A | N/A | $233K | N/A | N/A |
| SG&A Expenses | N/A | $151.5M | N/A | N/A | N/A | $1.1M | N/A | N/A |
| Operating Income | N/A | -$152.6M-40607.3% | -$375K-52.0% | -$247K | N/A | -$1.3M-671.8% | -$168K+54.3% | -$368K |
| Interest Expense | N/A | N/A | $28K+5.1% | $27K | N/A | $25K+9.2% | $23K+8.2% | $21K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$152.6M-15174.7% | -$999K-50.2% | -$665K-297.5% | -$167K+87.1% | -$1.3M-16.9% | -$1.1M+26.3% | -$1.5M |
| EPS (Diluted) | N/A | $-0.76 | N/A | N/A | N/A | $-0.01 | N/A | N/A |
DNQWF Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3M+73.9% | $774K+37.6% | $562K-93.9% | $9.1M+36.9% | $6.7M-25.1% | $8.9M-82.9% | $52.1M+1.5% | $51.3M |
| Current Assets | $596K+601.2% | $85K+501.0% | $14K+417.0% | $3K-100.0% | $6.0M+16821.6% | $35K-19.1% | $44K-33.1% | $65K |
| Cash & Equivalents | $20K-76.5% | $85K+67360.3% | $126-95.4% | $3K-77.2% | $12K-7.7% | $13K+766.7% | $2K+48.1% | $1K |
| Inventory | N/A | 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 | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $22.1M+43.8% | $15.4M-65.9% | $45.0M-14.4% | $52.6M+6.3% | $49.5M-2.9% | $50.9M-45.1% | $92.8M+2.1% | $90.9M |
| Current Liabilities | $10.2M+1.4% | $10.0M+21.3% | $8.3M+5.3% | $7.9M+22333.5% | $35K-99.5% | $6.6M+4.4% | $6.3M+5.3% | $6.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$20.8M-42.2% | -$14.6M+67.2% | -$44.4M-2.3% | -$43.4M-1.6% | -$42.8M-1.8% | -$42.0M-3.2% | -$40.7M-2.8% | -$39.6M |
| Retained Earnings | -$275.8M-2.3% | -$269.6M-2319.9% | -$11.1M-3.8% | -$10.7M+90.7% | -$115.4M-1121.5% | -$9.4M-3.1% | -$9.2M-3.9% | -$8.8M |
DNQWF Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.6M-73.4% | -$2.1M-2895.8% | -$69K+39.2% | -$114K+91.9% | -$1.4M+53.0% | -$3.0M-2515.7% | -$115K+69.4% | -$374K |
| Capital Expenditures | N/A | 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 | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Financing Cash Flow | $3.5M-67.2% | $10.8M+226.1% | -$8.6M-8650.8% | $100K-92.9% | $1.4M-56.1% | $3.2M+2682.0% | $115K-32.6% | $171K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
DNQWF Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 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 | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | -19715.0%-19537.4pp | -177.6%-170.3pp | -7.3%-4.8pp | -2.5%+12.0pp | -14.5%-12.4pp | -2.1%+0.8pp | -2.9% |
| Current Ratio | 0.06+0.1 | 0.010.0 | 0.000.0 | 0.00-171.3 | 171.29+171.3 | 0.010.0 | 0.010.0 | 0.01 |
| Debt-to-Equity | -1.06-0.0 | -1.05-0.0 | -1.01+0.2 | -1.21-0.1 | -1.16+0.1 | -1.21+1.1 | -2.28+0.0 | -2.30 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$20.8M), 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 (0.06), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is DENALI CAPITAL ACQ CP WTS profitable?
No, DENALI CAPITAL ACQ CP WTS (DNQWF) reported a net income of -$160.4M in fiscal year 2025.
What is DENALI CAPITAL ACQ CP WTS's earnings per share (EPS)?
DENALI CAPITAL ACQ CP WTS (DNQWF) reported diluted earnings per share of $-0.78 for fiscal year 2025. This represents a -3800.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is DENALI CAPITAL ACQ CP WTS's EBITDA?
DENALI CAPITAL ACQ CP WTS (DNQWF) had EBITDA of -$160.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is DENALI CAPITAL ACQ CP WTS's operating cash flow?
DENALI CAPITAL ACQ CP WTS (DNQWF) generated -$5.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are DENALI CAPITAL ACQ CP WTS's total assets?
DENALI CAPITAL ACQ CP WTS (DNQWF) had $1.3M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does DENALI CAPITAL ACQ CP WTS spend on research and development?
DENALI CAPITAL ACQ CP WTS (DNQWF) invested $2.5M in research and development during fiscal year 2025.
How many shares does DENALI CAPITAL ACQ CP WTS have outstanding?
DENALI CAPITAL ACQ CP WTS (DNQWF) had 230M shares outstanding as of fiscal year 2025.
What is DENALI CAPITAL ACQ CP WTS's current ratio?
DENALI CAPITAL ACQ CP WTS (DNQWF) had a current ratio of 0.06 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is DENALI CAPITAL ACQ CP WTS's debt-to-equity ratio?
DENALI CAPITAL ACQ CP WTS (DNQWF) had a debt-to-equity ratio of -1.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is DENALI CAPITAL ACQ CP WTS's return on assets (ROA)?
DENALI CAPITAL ACQ CP WTS (DNQWF) had a return on assets of -11918.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is DENALI CAPITAL ACQ CP WTS's cash runway?
Based on fiscal year 2025 data, DENALI CAPITAL ACQ CP WTS (DNQWF) had $20K in cash against an annual operating cash burn of $5.9M. This gives an estimated cash runway of approximately 0 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.
Why is DENALI CAPITAL ACQ CP WTS's debt-to-equity ratio negative or unusual?
DENALI CAPITAL ACQ CP WTS (DNQWF) has negative shareholder equity of -$20.8M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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 DENALI CAPITAL ACQ CP WTS's Piotroski F-Score?
DENALI CAPITAL ACQ CP WTS (DNQWF) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are DENALI CAPITAL ACQ CP WTS's earnings high quality?
DENALI CAPITAL ACQ CP WTS (DNQWF) has an earnings quality ratio of 0.04x, 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.