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1rt Acquisition Corp. (ONCHU) Financials

ONCHU
FY2025 annual
Revenue Not reported for FY2025
Net Income $2.9M YoY not available
EPS (Diluted) Not reported for FY2025
Operating Cash Flow -$497K YoY not available
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 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ONCHU SEC filings page.

This page shows 1rt Acquisition Corp. (ONCHU) 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).

Rhea AI ONCHU FY2025

Transaction-driven financing dominates this acquisition vehicle, while negative equity and minimal operating activity define its reported financial structure.

The positive net income of $2.89M does not reflect operating cash generation: operating income was -$475K and operating cash flow was -$497K, indicating that reported earnings were shaped by items outside ordinary operations. The cash profile reinforces that interpretation, with $172.5M invested and $173.4M raised through financing during FY2025.

Liabilities of $184.2M exceeded assets of $176.4M, producing negative equity of -$7.84M; the 3.3x current ratio shows short-term assets exceeded current obligations, but does not offset the broader balance-sheet deficit. With no revenue reported, conventional margin analysis cannot describe the business’s operating engine.

Some figures from recent filings were inconsistent and were omitted from this summary.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

1rt 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.

Earnings Quality No Cash Backing

For every $1 of reported earnings, 1rt Acquisition Corp. used $0.17 of operating cash (-$497K OCF vs $2.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Net Income
$1.4M
YoY+3556.7%
QoQ+3.8%

1rt Acquisition Corp. reported $1.4M in net income in Q2 2026. This represents an increase of 3556.7% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$36K
QoQ-81.1%

1rt Acquisition Corp. held $36K 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.

ONCHU 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.

ONCHU quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
SG&A Expenses$145K+252.0%$173K+456.5%N/A$285K$41K$31KN/A
Operating Income-$145K-252.0%-$173K-456.5%N/A-$285K-$41K-$31KN/A
Net Income$1.4M+3556.7%$1.4M+4531.8%N/A$1.4M-$41K-$31KN/A
EPS (Basic)N/AN/AN/AN/A-$0.01N/AN/A
EPS (Diluted)N/AN/AN/AN/A-$0.01N/AN/A

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

ONCHU 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.

ONCHU quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Total Assets$179.1M+35316.4%$177.8M$176.4M+122881.6%$175.1M$506KN/A$143K
Current Assets$164K$343K$476K+5255.0%$864KN/AN/A$9K
Cash & Equivalents$36K$191K$383K$741KN/AN/AN/A
Short-Term Investments$0$0$0$0N/AN/AN/A
Long-Term Investments$0$0$0$0N/AN/AN/A
Total Liabilities$187.3M+32586.0%$185.8M$184.2M+133050.7%$182.8M$573KN/A$138K
Current Liabilities$107K-81.4%$163K$145K+4.4%$437K$573KN/A$138K
Non-Current Liabilities$187.2M$185.6M$184.1M$182.4M$0N/A$0
Total Equity-$8.2M-12032.7%-$8.0M-30785.4%-$7.8M-154730.9%-$7.7M-$67K-$26K$5K
Retained Earnings-$8.2M-8743.4%-$8.0M-$7.8M-39219.3%-$7.7M-$92KN/A-$20K

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

ONCHU 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.

ONCHU quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Operating Cash Flow-$155K-$188K-$204KN/AN/AN/AN/A
Investing Cash FlowN/AN/A$0N/AN/AN/AN/A
Financing Cash Flow$0-$4K-$154KN/AN/AN/AN/A

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

ONCHU 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.

ONCHU quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Return on Assets0.8%+9.0pp0.8%N/A0.8%-8.2%N/AN/A
Current Ratio1.542.113.29+3.2x1.98N/AN/A0.06
Debt-to-EquityN/AN/AN/AN/AN/AN/A27.30

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Asset Turnover, FCF Margin.

Note: Shareholder equity is negative (-$7.8M), 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.

Frequently Asked Questions

Is 1rt Acquisition Corp. profitable?

Yes, 1rt Acquisition Corp. (ONCHU) reported a net income of $2.9M in fiscal year 2025.

What is 1rt Acquisition Corp.'s operating cash flow?

1rt Acquisition Corp. (ONCHU) recorded an outflow of $497K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are 1rt Acquisition Corp.'s total assets?

1rt Acquisition Corp. (ONCHU) had $176.4M in total assets as of fiscal year 2025, including both current and long-term assets.

1rt Acquisition Corp. (ONCHU) had a current ratio of 3.29 as of fiscal year 2025, which is generally considered healthy.

1rt Acquisition Corp. (ONCHU) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

1rt Acquisition Corp. (ONCHU) has negative shareholder equity of -$7.8M 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.

For every $1 of reported earnings, 1rt Acquisition Corp. (ONCHU) used $0.17 of operating cash (-$497K OCF vs $2.9M 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.

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