Insight Acquisition Corp. /DE financial data

Symbol
INAQ, INAQU, INAQW on Nasdaq
Industry
Patent Owners & Lessors
Location
333 East 91 St Street, New York, NY
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 22, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 22.6 % -57.4%
Debt-to-equity -109 % +1.4%
Return On Equity 30.9 %
Return On Assets -33.2 % -835%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 34.4M USD -85.4%
Weighted Average Number of Shares Outstanding, Basic 5.48M shares
Weighted Average Number of Shares Outstanding, Diluted 5.48M shares

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 2.35M USD +59.3%
Operating Income (Loss) -2.6M USD -41.6%
Nonoperating Income (Expense) -913K USD -110%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -35.8K USD -100%
Income Tax Expense (Benefit) 77.1K USD -84.8%
Net Income (Loss) Attributable to Parent -3.59M USD -158%
Earnings Per Share, Basic 0.04 USD/shares
Earnings Per Share, Diluted 0.04 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 145K USD
Assets, Current 603K USD -23.4%
Other Assets, Noncurrent 83.3K USD
Assets 6.48M USD -78.8%
Accounts Payable, Current 413K USD +354%
Accrued Liabilities, Current 1.06M USD +93.8%
Liabilities, Current 5.84M USD +55.6%
Deferred Income Tax Liabilities, Net 7.59K USD
Liabilities 13.3M USD +20%
Retained Earnings (Accumulated Deficit) -14M USD -37.8%
Stockholders' Equity Attributable to Parent -12.5M USD -23.7%
Liabilities and Equity 6.48M USD -78.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -235K USD +18.7%
Net Cash Provided by (Used in) Financing Activities 1.15M USD
Net Cash Provided by (Used in) Investing Activities -1.18M USD -101%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.18M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 82.6K USD -88.2%
Deferred Tax Assets, Valuation Allowance 896K USD +143%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.01 pure
Cash and Cash Equivalents, Period Increase (Decrease) -309K USD
Deferred Tax Assets, Gross 896K USD +143%
Deferred Income Tax Expense (Benefit) 422 USD
Deferred Tax Assets, Operating Loss Carryforwards 896K USD +143%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 1.43M 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%