Horizon Space Acquisition II Corp Financials
Financial Health Signals
For every $1 of reported earnings, Horizon Space Acquisition II Corp generates $-0.77 in operating cash flow (-$110K OCF vs $143K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Horizon Space Acquisition II Corp (HSPT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Horizon Space Acquisition II Corp reported $143K in net income in fiscal year 2024.
Horizon Space Acquisition II Corp earned $2.67 per diluted share (EPS) in fiscal year 2024.
Horizon Space Acquisition II Corp held $647K in cash against $0 in long-term debt as of fiscal year 2024.
Horizon Space Acquisition II Corp had 2M shares outstanding in fiscal year 2024.
Horizon Space Acquisition II Corp's ROE was 31.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
HSPT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | 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 | N/A |
| Net Income | $615K+177.9% | $221K-53.2% | $473K+1506.4% | -$34K-320.1% | -$8K-157.6% | -$3K | N/A | $0 |
| EPS (Diluted) | $0.09+86.0% | $0.05-35.1% | $0.08 | $0.00 | $0.00 | $0.00 | N/A | $0.00 |
HSPT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $71.7M+1.1% | $70.9M+0.5% | $70.6M+0.7% | $70.1M | N/A | N/A | $0 | N/A |
| Current Assets | $122K+5.5% | $116K-76.3% | $489K-32.1% | $720K | N/A | N/A | $0 | N/A |
| Cash & Equivalents | $67K+156.0% | $26K-92.9% | $365K-43.6% | $647K | $0 | $0 | $0 | $0 |
| 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 | $72.1M+1.2% | $71.2M+1.2% | $70.4M+1.1% | $69.6M | N/A | N/A | $4K | N/A |
| Current Liabilities | $559K+30.6% | $428K+46.7% | $292K+8.3% | $269K | N/A | N/A | $4K | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$436K-39.9% | -$312K-257.9% | $197K-56.2% | $451K+4777.6% | -$10K-30.9% | -$7K-73.0% | -$4K0.0% | -$4K |
| Retained Earnings | -$437K-39.9% | -$312K-258.2% | $197K+42.2% | $139K | N/A | N/A | -$4K | N/A |
HSPT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$259K+23.4% | -$339K-20.1% | -$282K-155.2% | -$110K | $0 | $0 | $0 | N/A |
| 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 | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | $69.8M | N/A | N/A | $0 | N/A |
| 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 | N/A | N/A | N/A | N/A |
HSPT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | 239.4% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.9%+0.5pp | 0.3%-0.4pp | 0.7%+18.1pp | -17.4% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.22-0.1 | 0.27-1.4 | 1.68-1.0 | 2.67 | N/A | N/A | 0.00 | N/A |
| Debt-to-Equity | -165.25+63.2 | -228.47-584.9 | 356.45+202.1 | 154.40 | N/A | N/A | -1.00 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Horizon Space Acquisition II Corp profitable?
Yes, Horizon Space Acquisition II Corp (HSPT) reported a net income of $143K in fiscal year 2024.
What is Horizon Space Acquisition II Corp's earnings per share (EPS)?
Horizon Space Acquisition II Corp (HSPT) reported diluted earnings per share of $2.67 for fiscal year 2024. 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 Horizon Space Acquisition II Corp's return on equity (ROE)?
Horizon Space Acquisition II Corp (HSPT) has a return on equity of 31.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Horizon Space Acquisition II Corp's operating cash flow?
Horizon Space Acquisition II Corp (HSPT) generated -$110K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Horizon Space Acquisition II Corp's total assets?
Horizon Space Acquisition II Corp (HSPT) had $70.1M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Horizon Space Acquisition II Corp have outstanding?
Horizon Space Acquisition II Corp (HSPT) had 2M shares outstanding as of fiscal year 2024.
What is Horizon Space Acquisition II Corp's current ratio?
Horizon Space Acquisition II Corp (HSPT) had a current ratio of 2.67 as of fiscal year 2024, which is generally considered healthy.
What is Horizon Space Acquisition II Corp's debt-to-equity ratio?
Horizon Space Acquisition II Corp (HSPT) had a debt-to-equity ratio of 154.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Horizon Space Acquisition II Corp's return on assets (ROA)?
Horizon Space Acquisition II Corp (HSPT) had a return on assets of 0.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Horizon Space Acquisition II Corp's cash runway?
Based on fiscal year 2024 data, Horizon Space Acquisition II Corp (HSPT) had $647K in cash against an annual operating cash burn of $110K. This gives an estimated cash runway of approximately 70 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 Horizon Space Acquisition II Corp's earnings high quality?
Horizon Space Acquisition II Corp (HSPT) has an earnings quality ratio of -0.77x, 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.