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JAWS MUSTANG ACQ CORP WTS (JWSWF) Financials

JWSWF
FY2025 annual
Revenue Not reported for FY2025
Net Income -$1.6M -192.3% YoY
EPS (Diluted) Not reported for FY2025
Operating Cash Flow -$680K +65.9% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JWSWF SEC filings page.

This page shows JAWS MUSTANG ACQ CORP WTS (JWSWF) 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).

Rhea AI JWSWF FY2025

Creditor-funded balance sheet dominates the business, with near-term obligations outweighing operating cash generation.

Earnings quality is weak: FY2024 produced operating income of $755K while operating cash flow was an outflow of $1.99M. In FY2025, the operating loss narrowed to $463K and the cash outflow narrowed to $680K, suggesting reported operating results do not reliably translate into cash.

Negative equity of -$7.13M means the recorded obligations exceed the asset base, rather than merely indicating conventional debt leverage. Current assets of $76K sit against current liabilities of $2.65M, leaving a current ratio of 0.0x and a balance sheet heavily dependent on sources beyond immediately available assets.

The structure deteriorated between FY2024 and FY2025: assets fell from $1.37M to $1.14M, while liabilities rose from $6.93M to $8.27M. That combination pushed equity from -$5.55M to -$7.13M, so the latest loss added pressure to an already negative capital base.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

JAWS MUSTANG ACQ CORP WTS 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.

Piotroski F-Score Partial
1/5

JAWS MUSTANG ACQ CORP WTS passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality No Cash Backing
N/A

JAWS MUSTANG ACQ CORP WTS reported a net loss of $1.6M while operations used $680K of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Net Income
$268K
YoY+11.7%
QoQ-0.4%

JAWS MUSTANG ACQ CORP WTS reported $268K in net income in Q2 2026. This represents an increase of 11.7% from the same quarter a year earlier. Against the prior quarter it is down 0.4%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$271K
YoY+608.2%
QoQ-36.7%
5Y CAGR-26.6%

JAWS MUSTANG ACQ CORP WTS held $271K in cash as of Q2 2026; long-term debt is not reported for that period.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Shares Outstanding

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.

JWSWF 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.

JWSWF quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
SG&A Expenses$109K-21.5%$109K-23.7%N/A$67K-66.3%$139K-49.0%$143K-77.5%N/A$199K-50.0%
Operating Income-$109K+21.5%-$109K+23.7%N/A-$67K+66.3%-$139K+49.0%-$143K+77.5%N/A-$199K-166.6%
Income TaxN/A$0N/AN/AN/A$0N/AN/A
Net Income$268K+11.7%$269K+153.0%N/A-$60K-102.0%$240K-94.5%-$508K+92.9%N/A$2.9M+144.4%

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

JWSWF 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.

JWSWF quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$1.4M+24.9%$1.5M+26.5%$1.1M-17.2%$1.2M-92.5%$1.1M-93.0%$1.2M-92.4%$1.4M-94.1%$16.1M-30.3%
Current Assets$314K+411.9%$463K+175.6%$76K-77.5%$147K+111.0%$61K-30.5%$168K-51.9%$338K+78.0%$70K-75.1%
Cash & Equivalents$271K+608.2%$429K+179.5%$61K-80.9%$114K+228.7%$38K+26.7%$153K-38.8%$319K+79.2%$35K-83.5%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$8.0M+15.1%$8.4M+15.4%$8.3M+19.4%$7.1M-69.2%$6.9M-72.8%$7.3M-75.5%$6.9M-76.6%$23.1M-19.8%
Current Liabilities$2.7M-7.2%$2.7M-4.7%$2.7M-7.7%$2.6M-45.8%$2.9M-38.7%$2.8M-38.3%$2.9M-30.4%$4.8M+37.3%
Non-Current Liabilities$5.3M+30.8%$5.7M+28.3%$5.6M+38.6%$4.5M-75.4%$4.1M-80.5%$4.4M-82.4%$4.1M-84.1%$18.3M-27.8%
Total Equity-$6.6M-13.2%-$6.9M-13.2%-$7.1M-28.4%-$5.9M+15.6%-$5.8M+39.8%-$6.1M+56.1%-$5.6M+13.6%-$7.0M-22.3%
Retained Earnings-$6.6M-13.2%-$6.9M-13.2%-$7.1M-28.4%-$5.9M+15.6%-$5.8M+39.8%-$6.1M+56.1%-$5.6M+13.6%-$7.0M-22.2%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

JWSWF 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.

JWSWF quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$157K-36.8%-$68K+59.0%-$53K+96.6%-$346K-472.1%-$115K+20.8%-$166K+30.2%-$1.6M-4671.1%-$61K+81.9%
Investing Cash FlowN/AN/AN/AN/AN/AN/AN/A-$75K
Financing Cash Flow$0$436K$0N/AN/AN/AN/A$140K-72.0%
Share BuybacksN/AN/AN/AN/AN/AN/AN/A$0

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.

JWSWF 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.

JWSWF quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Return on Assets19.4%-2.3pp17.6%+59.6ppN/A-5.0%-23.2pp21.6%-5.7pp-42.0%+3.0ppN/A18.2%+13.0pp
Current Ratio0.12+0.1x0.17+0.1x0.03-0.1x0.060.0x0.020.0x0.060.0x0.12+0.1x0.01-0.1x

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 (-$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 ACQ CORP WTS profitable?

No, JAWS MUSTANG ACQ CORP WTS (JWSWF) reported a net income of -$1.6M in fiscal year 2025.

What is JAWS MUSTANG ACQ CORP WTS's operating cash flow?

JAWS MUSTANG ACQ CORP WTS (JWSWF) recorded an outflow of $680K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are JAWS MUSTANG ACQ CORP WTS's total assets?

JAWS MUSTANG ACQ CORP WTS (JWSWF) had $1.1M in total assets as of fiscal year 2025, including both current and long-term assets.

JAWS MUSTANG ACQ CORP WTS (JWSWF) had a current ratio of 0.03 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

JAWS MUSTANG ACQ CORP WTS (JWSWF) had a return on assets of -136.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

JAWS MUSTANG ACQ CORP WTS (JWSWF) has negative shareholder equity of -$7.1M 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.

JAWS MUSTANG ACQ CORP WTS (JWSWF) has a Piotroski F-Score of 1 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.

JAWS MUSTANG ACQ CORP WTS (JWSWF) reported a net loss of $1.6M while operations used $680K 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.

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