Focus Impact Acquisition Corp. financial data

Symbol
FIAC, FIACU, FIACW on Nasdaq
Industry
Investors, NEC
Location
1345 Avenue Of The Americas, 33 Rd Floor, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.69 % -98.3%
Debt-to-equity -204 % -75.5%
Return On Equity 34.5 %
Return On Assets -7.29 % -317%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 60.3M USD 0%
Weighted Average Number of Shares Outstanding, Basic 5.75M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 5.75M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -6.41M USD -217%
Nonoperating Income (Expense) 3.39M USD -69.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.02M USD -133%
Income Tax Expense (Benefit) 710K USD -39.2%
Net Income (Loss) Attributable to Parent -3.73M USD -147%
Earnings Per Share, Basic 0 USD/shares -100%
Earnings Per Share, Diluted 0 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD
Assets, Current 42.9K USD -95.8%
Assets 19.2M USD -92%
Accrued Liabilities, Current 805K USD +92.3%
Liabilities, Current 10.5M USD +405%
Liabilities 11.8M USD -1.9%
Retained Earnings (Accumulated Deficit) -11.6M USD -11.7%
Stockholders' Equity Attributable to Parent -11.6M USD -11.7%
Liabilities and Equity 19.2M USD -92%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -361K USD +45.8%
Net Cash Provided by (Used in) Financing Activities -43.4M USD
Net Cash Provided by (Used in) Investing Activities 43.5M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 41.6K USD -94.5%
Deferred Tax Assets, Valuation Allowance 966K USD +131%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 966K USD +131%
Deferred Tax Assets, Operating Loss Carryforwards 0 USD
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -531K USD -61.5%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 0 USD
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 32.7K USD
Current Federal Tax Expense (Benefit) 1.08M USD +67.2%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Deferred State and Local Income Tax Expense (Benefit) -16.1K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%