This page shows Jaws Mustang Acquisition Corp. (JWSMF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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
Jaws Mustang Acquisition Corp. passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Jaws Mustang Acquisition Corp. generates $0.44 in operating cash flow (-$680K OCF vs -$1.6M 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
Earnings & Revenue
Jaws Mustang Acquisition Corp. reported -$1.6M in net income in fiscal year 2025. This represents a decrease of 192.3% from the prior year.
Jaws Mustang Acquisition Corp. earned $-0.06 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Jaws Mustang Acquisition Corp. held $61K in cash against $0 in long-term debt as of fiscal year 2025.
Jaws Mustang Acquisition Corp. had 26M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Margins & Returns
Capital Allocation
Jaws Mustang Acquisition Corp. spent $22.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.
JWSMF Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $67K-51.8% | $139K-2.5% | $143K | N/A | $199K-27.1% | $273K-57.0% | $634K | N/A |
| Operating Income | -$67K+51.8% | -$139K+2.5% | -$143K | N/A | -$199K+27.1% | -$273K+57.0% | -$634K | 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 | $0 | N/A | N/A | N/A | $0 | N/A |
| Net Income | -$60K-125.0% | $240K+147.3% | -$508K | N/A | $2.9M-32.5% | $4.3M+160.6% | -$7.2M | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
JWSMF Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2M+8.3% | $1.1M-8.2% | $1.2M-11.9% | $1.4M-91.5% | $16.1M+1.3% | $15.9M-0.2% | $15.9M-31.4% | $23.2M |
| Current Assets | $147K+139.7% | $61K-63.5% | $168K-50.3% | $338K+385.7% | $70K-21.0% | $88K-74.8% | $349K+83.9% | $190K |
| Cash & Equivalents | $114K+197.7% | $38K-75.0% | $153K-52.0% | $319K+820.2% | $35K+14.8% | $30K-87.9% | $250K+40.6% | $178K |
| 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 | $7.1M+2.3% | $6.9M-4.6% | $7.3M+5.1% | $6.9M-70.0% | $23.1M-9.8% | $25.6M-14.0% | $29.7M+0.4% | $29.6M |
| Current Liabilities | $2.6M-9.4% | $2.9M+1.1% | $2.8M-1.0% | $2.9M-40.3% | $4.8M+2.4% | $4.7M+1.9% | $4.6M+11.7% | $4.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$5.9M-1.1% | -$5.8M+3.8% | -$6.1M-9.3% | -$5.6M+20.6% | -$7.0M+27.9% | -$9.7M+29.8% | -$13.8M-114.8% | -$6.4M |
| Retained Earnings | -$5.9M-1.1% | -$5.8M+3.8% | -$6.1M-9.3% | -$5.6M+20.6% | -$7.0M+27.9% | -$9.7M+29.8% | -$13.8M-114.8% | -$6.4M |
JWSMF Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$346K-201.1% | -$115K+30.7% | -$166K+89.3% | -$1.6M-2461.4% | -$61K+58.3% | -$145K+38.9% | -$238K-631.3% | -$32K |
| 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 | $15.1M+20181.3% | -$75K0.0% | -$75K-101.0% | $7.6M | $0 |
| Financing Cash Flow | N/A | N/A | N/A | -$13.2M-9547.1% | $140K | $0+100.0% | -$7.3M | $0 |
| 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 | $15.1M | $0 | $0-100.0% | $7.7M | $0 |
JWSMF Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| 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 | -5.0%-26.6pp | 21.6%+63.6pp | -42.0% | N/A | 18.2%-9.1pp | 27.4%+72.3pp | -45.0% | N/A |
| Current Ratio | 0.06+0.0 | 0.02-0.0 | 0.06-0.1 | 0.12+0.1 | 0.010.0 | 0.02-0.1 | 0.08+0.0 | 0.05 |
| Debt-to-Equity | -1.20-0.0 | -1.190.0 | -1.20+0.0 | -1.25+2.1 | -3.30-0.7 | -2.64-0.5 | -2.15+2.5 | -4.61 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$7.1M), 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 (0.03), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Jaws Mustang Acquisition Corp. profitable?
No, Jaws Mustang Acquisition Corp. (JWSMF) reported a net income of -$1.6M in fiscal year 2025.
What is Jaws Mustang Acquisition Corp.'s operating cash flow?
Jaws Mustang Acquisition Corp. (JWSMF) generated -$680K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Jaws Mustang Acquisition Corp.'s total assets?
Jaws Mustang Acquisition Corp. (JWSMF) had $1.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Jaws Mustang Acquisition Corp.'s current ratio?
Jaws Mustang Acquisition Corp. (JWSMF) had a current ratio of 0.03 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Jaws Mustang Acquisition Corp.'s debt-to-equity ratio?
Jaws Mustang Acquisition Corp. (JWSMF) had a debt-to-equity ratio of -1.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Jaws Mustang Acquisition Corp.'s return on assets (ROA)?
Jaws Mustang Acquisition Corp. (JWSMF) had a return on assets of -136.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Jaws Mustang Acquisition Corp.'s cash runway?
Based on fiscal year 2025 data, Jaws Mustang Acquisition Corp. (JWSMF) had $61K in cash against an annual operating cash burn of $680K. This gives an estimated cash runway of approximately 1 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 Jaws Mustang Acquisition Corp.'s debt-to-equity ratio negative or unusual?
Jaws Mustang Acquisition Corp. (JWSMF) has negative shareholder equity of -$7.1M 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 Jaws Mustang Acquisition Corp.'s Piotroski F-Score?
Jaws Mustang Acquisition Corp. (JWSMF) has a Piotroski F-Score of 2 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 Jaws Mustang Acquisition Corp.'s earnings high quality?
Jaws Mustang Acquisition Corp. (JWSMF) has an earnings quality ratio of 0.44x, 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.