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Quartzsea Acquisition Corporation Units (QSEAU) Financials

QSEAU NASDAQ
Trailing 12 months to August 31, 2026
Revenue Not reported for the trailing 12 months
Net Income $1.8M YoY not available
EPS (Diluted) Not reported for the trailing 12 months
Operating Cash Flow -$447K YoY not available
Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Aug 31, 2026 Reported Currency USD FYE November

Newest figures come from the 10-Q for Q3 FY2026, filed Oct 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QSEAU SEC filings page.

This page shows Quartzsea Acquisition Corporation Units (QSEAU) 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 QSEAU FY2025

The reported balance sheet shows an asset pool financed beyond its recorded value, while accounting income did not become operating cash.

At FY2025, total assets were $85.3M against $89.3M of liabilities, leaving a equity deficit of $3.9M. Net income of $511K coexisted with operating cash flow of -$1.3M, so reported earnings were not matched by cash generated from operations.

Investing cash outflows of $82.8M were paired with financing inflows of $83.8M, indicating that capital transactions dominated cash movement rather than operating activity.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

We do not publish a peer-relative financial health score for Quartzsea Acquisition Corporation Units, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Net Income
$459K
YoY+43.9%
QoQ-20.0%

Quartzsea Acquisition Corporation Units reported $459K in net income in Q3 2026. This represents an increase of 43.9% from the same quarter a year earlier. Against the prior quarter it is down 20.0%.

Revenue

Not reported for Q3 2026.

EBITDA

Not reported for Q3 2026.

EPS (Diluted)

Not reported for Q3 2026.

Cash & Balance Sheet

Cash & Debt
$0
YoYn/m
QoQn/m

Quartzsea Acquisition Corporation Units held $0 in cash as of Q3 2026; no long-term debt figure is on record for that period.

Shares Outstanding
10M
YoY-11.2%
QoQ0.0%

Quartzsea Acquisition Corporation Units had 10M shares outstanding in Q3 2026. This represents a decrease of 11.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2026.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

None of these metrics is reported for Q3 2026.

Capital Allocation

None of these metrics is reported for Q3 2026.

QSEAU 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.

QSEAU quarterly income statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
SG&A Expenses$244K-56.8%$197K-73.0%$231K+589.1%$580K$565K$728K$34KN/A
Operating Income-$244Kn/m-$197Kn/m-$231Kn/m-$580K-$565K-$728K-$34KN/A
Net Income$459K+43.9%$574Kn/m$529Kn/m$251K$319K-$27K-$31KN/A

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

QSEAU 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.

QSEAU quarterly balance sheet
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Total Assets$74.6M-11.8%$86.8M+3.0%$86.0M+17355.1%$85.3M+16438.2%$84.6M$84.3M$493K$516K
Current Assets$69K-66.7%$112K-84.7%$82K-60.5%$92K-71.6%$206K$735K$208K$326K
Cash & Equivalents$0n/m$0n/m$0-100.0%$0n/m$0$0$208K$0
Short-Term Investments$0n/m$0-100.0%$0n/m$0n/m$0$605K$0$0
Long-Term Investments$0n/m$0n/m$0n/m$0n/m$0$0$0$0
Total Liabilities$79.4M-9.7%$91.2M+4.7%$90.2M+17607.2%$89.3M+17709.8%$88.0M$87.1M$509K$501K
Current Liabilities$1.9M+559.2%$1.1M+340.8%$921K+80.7%$742K+48.0%$284K$260K$509K$501K
Non-Current Liabilities$77.6M-11.6%$90.0M+3.7%$89.3Mn/m$88.5Mn/m$87.7M$86.8M$0$0
Total Equity-$4.8Mn/m-$4.3Mn/m-$4.2Mn/m-$3.9M-26523.7%-$3.3M-$2.8M-$16K$15K
Retained Earnings-$4.8Mn/m-$4.3Mn/m-$4.2Mn/m-$3.9Mn/m-$3.3M-$2.8M-$41K-$10K

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

QSEAU 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.

QSEAU quarterly cash flow statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Operating Cash Flow-$151Kn/m-$195Kn/m-$6Kn/m-$95K-$550K-$613K-$8KN/A
Investing Cash FlowN/AN/AN/A$0$608KN/AN/AN/A
Financing Cash Flow-$12.7Mn/mN/AN/A$0$0$83.9M-$95KN/A

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

QSEAU 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.

QSEAU quarterly financial ratios
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Return on Assets0.6%+0.2pp0.7%+0.7pp0.6%+6.9pp0.3%0.4%0.0%-6.3%N/A
Current Ratio0.04-0.7x0.10-2.7x0.09-0.3x0.12-0.5x0.732.820.410.65
Liabilities-to-EquityN/AN/AN/AN/AN/AN/AN/A33.79

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 (-$3.9M), which causes the debt-to-equity, liabilities-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 (0.12), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Quartzsea Acquisition Corporation Units QSEAU FY2025 N/A $511K N/A N/A —
Melar Acquisition Corp. I Unit MACIU FY2025 N/A $5.5M N/A N/A —
Quetta Acquisition Corp QETA FY2025 $5.0M $323K 6.5% $43.4M —
Titan Acquisition Corp. TACH FY2025 N/A $7.2M N/A $364.5M —
Blue Acquisition Corp. BACC FY2025 N/A $2.5M N/A $292.8M —

Frequently Asked Questions

Yes, Quartzsea Acquisition Corporation Units (QSEAU) reported a net income of $1.8M over the trailing 12 months to August 31, 2026. In fiscal year 2025 it reported a net income of $511K.

Quartzsea Acquisition Corporation Units (QSEAU) recorded an outflow of $1.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Quartzsea Acquisition Corporation Units (QSEAU) had $85.3M in total assets as of fiscal year 2025, including both current and long-term assets.

Quartzsea Acquisition Corporation Units (QSEAU) had 11M shares outstanding as of fiscal year 2025.

Quartzsea Acquisition Corporation Units (QSEAU) had a current ratio of 0.12 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Quartzsea Acquisition Corporation Units (QSEAU) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Quartzsea Acquisition Corporation Units (QSEAU) has negative shareholder equity of -$3.9M as of fiscal year 2025, so no debt-to-equity or liabilities-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.

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