TECHNOLOGY & TELECOM ACQ CORP Financials

TETEF

Source SEC Filings (10-K/10-Q) Data as of May 31, 2026 Currency USD FYE November

This page shows TECHNOLOGY & TELECOM ACQ CORP (TETEF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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 TETEF FY2025 2026-07-15

A shrinking asset base and persistent cash burn show the balance sheet, not operations, has been carrying this entity.

Across FY2022-FY2024, reported profit and cash generation diverged: cumulative net income was $1.6M, but cumulative operating cash flow was -$1.9M, and cash slid from $491K to $25K before reaching $340 in FY2025. Paired with asset shrinkage from $118.5M to $170K while liabilities still stood at $10.7M, the statements suggest accounting gains were not replenishing the balance sheet.

FY2025 shows near-term liquidity under strain: current assets of $27.9K covered only a sliver of current liabilities of $6.5M, so the company had almost no working-capital buffer left. With equity at -$10.5M, this is a balance-sheet capacity issue before it is simply an earnings issue.

The cost base behaved like persistent overhead rather than a scaled operating model: operating loss stayed between -$501K and -$1.8M through FY2024, and operating cash flow was negative every year even when net income was positive. FY2025 burn improved to -$342K, but smaller cash outflows still did not rebuild liquidity because the starting cash position was only $340.

Financial Health Signals

Financial health score pending refresh

We are recalculating TECHNOLOGY & TELECOM ACQ CORP's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

1/5

TECHNOLOGY & TELECOM ACQ CORP 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 Low Quality

0.47x

For every $1 of reported earnings, TECHNOLOGY & TELECOM ACQ CORP generates $0.47 in operating cash flow (-$342K OCF vs -$731K 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

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$731K

YoY-218.5%

TECHNOLOGY & TELECOM ACQ CORP reported -$731K in net income in fiscal year 2025. This represents a decrease of 218.5% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$340

YoY-98.7%

TECHNOLOGY & TELECOM ACQ CORP held $340 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TETEF Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	-$1.1M+42.6%	-$1.8M-268.2%	-$501K
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	-$731K-218.5%	$617K+243.7%	$180K-78.3%	$826K
EPS (Diluted)	N/A	N/A	N/A	N/A

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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$438K-193.0%	-$150K	N/A	-$511K-349.0%	-$114K+37.8%	-$183K	N/A	-$208K
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	-$437K-194.6%	-$148K	N/A	-$440K-1062.1%	-$38K-155.7%	$68K	N/A	$200K
EPS (Diluted)	$-0.13-225.0%	$-0.04	N/A	$-0.11-1000.0%	$-0.01-200.0%	$0.01	N/A	$0.03

TETEF Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$170K-99.5%	$31.7M-6.0%	$33.8M-71.5%	$118.5M
Current Assets	$28K-66.1%	$82K+416.2%	$16K-96.8%	$491K
Cash & Equivalents	$340-98.7%	$25K+155.6%	$10K-98.0%	$491K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$10.7M-74.0%	$41.1M+0.4%	$40.9M-66.5%	$122.2M
Current Liabilities	$6.5M+21.0%	$5.4M+71.5%	$3.1M+2883.7%	$105K
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$10.5M-12.7%	-$9.3M-30.4%	-$7.1M-96.2%	-$3.6M
Retained Earnings	-$10.5M-12.7%	-$9.3M-30.4%	-$7.1M-96.2%	-$3.6M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$169K-1.3%	$171K+0.4%	$170K-5.5%	$180K-97.5%	$7.3M+0.2%	$7.3M-77.0%	$31.7M+1.6%	$31.2M
Current Assets	$25K-12.0%	$29K+3.1%	$28K-28.9%	$39K-20.7%	$49K-21.4%	$63K-23.4%	$82K-19.2%	$102K
Cash & Equivalents	$429+404.7%	$85-75.0%	$340-87.2%	$3K-17.8%	$3K-80.6%	$17K-34.2%	$25K-37.5%	$41K
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	$11.2M+4.0%	$10.8M+1.4%	$10.7M+3.0%	$10.3M-39.0%	$17.0M+0.8%	$16.8M-59.0%	$41.1M+2.9%	$39.9M
Current Liabilities	$7.1M+6.8%	$6.6M+2.3%	$6.5M+5.0%	$6.2M+8.8%	$5.7M+1.8%	$5.6M+4.0%	$5.4M+12.9%	$4.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$11.1M-4.1%	-$10.6M-1.4%	-$10.5M-3.2%	-$10.2M-5.3%	-$9.7M-1.2%	-$9.5M-2.5%	-$9.3M-7.3%	-$8.7M
Retained Earnings	-$11.1M-4.1%	-$10.6M-1.4%	-$10.5M-3.2%	-$10.2M-5.3%	-$9.7M-1.2%	-$9.5M-2.5%	-$9.3M-7.3%	-$8.7M

TETEF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	-$342K+53.2%	-$732K+6.4%	-$781K-94.9%	-$401K
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	$3.8M-95.6%	$86.3M+174.0%	-$116.7M
Financing Cash Flow	N/A	-$3.0M+96.5%	-$86.0M-173.1%	$117.6M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$90K-27.0%	-$71K+29.6%	-$100K-72.7%	-$58K+37.8%	-$93K-3.0%	-$91K+57.1%	-$211K-29.0%	-$164K
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	$0-100.0%	$1K	$0	N/A	$45K-99.8%	$24.7M+16121.5%	-$154K-103.3%	$4.7M
Financing Cash Flow	$90K+30.5%	$69K-29.6%	$98K	N/A	$35K+100.1%	-$24.6M-7128.4%	$350K+107.7%	-$4.5M
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

TETEF Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	-429.4%-431.3pp	1.9%+1.4pp	0.5%-0.2pp	0.7%
Current Ratio	0.00-0.0	0.02+0.0	0.01-4.7	4.69
Debt-to-Equity	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A

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	-258.7%-172.0pp	-86.7%	N/A	-243.9%-243.4pp	-0.5%-1.4pp	0.9%	N/A	0.6%
Current Ratio	0.000.0	0.000.0	0.000.0	0.010.0	0.010.0	0.010.0	0.020.0	0.02
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$10.5M), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is TECHNOLOGY & TELECOM ACQ CORP profitable?

No, TECHNOLOGY & TELECOM ACQ CORP (TETEF) reported a net income of -$731K in fiscal year 2025.

What is TECHNOLOGY & TELECOM ACQ CORP's operating cash flow?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) generated -$342K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are TECHNOLOGY & TELECOM ACQ CORP's total assets?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) had $170K in total assets as of fiscal year 2025, including both current and long-term assets.

What is TECHNOLOGY & TELECOM ACQ CORP's current ratio?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is TECHNOLOGY & TELECOM ACQ CORP's return on assets (ROA)?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) had a return on assets of -429.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is TECHNOLOGY & TELECOM ACQ CORP's cash runway?

Based on fiscal year 2025 data, TECHNOLOGY & TELECOM ACQ CORP (TETEF) had $340 in cash against an annual operating cash burn of $342K. This gives an estimated cash runway of approximately 0 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 TECHNOLOGY & TELECOM ACQ CORP's debt-to-equity ratio negative or not reported?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) has negative shareholder equity of -$10.5M 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.

What is TECHNOLOGY & TELECOM ACQ CORP's Piotroski F-Score?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) 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.

Are TECHNOLOGY & TELECOM ACQ CORP's earnings high quality?

TECHNOLOGY & TELECOM ACQ CORP (TETEF) has an earnings quality ratio of 0.47x, 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.