Mercato Partners Acquisition Corp financial data

Industry
Blank Checks
Location
2750 E. Cottonwood Parkway, Suite #500, Cottonwood Heights, UT
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2023 - Aug 28, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 3.21 %
Debt-to-equity -118 %
Return On Equity -19.5 %
Return On Assets 0.68 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 229M USD

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 4.88M USD +139%
Operating Income (Loss) -5.27M USD -65.2%
Nonoperating Income (Expense) 1.4M USD -64.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.93M USD -80%
Income Tax Expense (Benefit) 974K USD +186%
Net Income (Loss) Attributable to Parent 960K USD -82.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Assets, Current 146K USD -63.6%
Assets 45.6M USD -80.5%
Accounts Payable, Current 452K USD +94.6%
Accrued Liabilities, Current 3.47M USD +2276%
Liabilities, Current 8.23M USD +1508%
Liabilities 9.53M USD -19.2%
Retained Earnings (Accumulated Deficit) -8.97M USD +19.6%
Stockholders' Equity Attributable to Parent -8.97M USD +19.6%
Liabilities and Equity 45.6M USD -80.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -383K USD -179%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 193M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -26.9K USD +80.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 13.2K USD -81.3%
Deferred Tax Assets, Valuation Allowance 420K USD +643%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Cash and Cash Equivalents, Period Increase (Decrease) -137K USD -649%
Deferred Tax Assets, Gross 420K USD +643%
Deferred Tax Assets, Operating Loss Carryforwards 0 USD -100%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 0 USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%