Southport Acquisition Corp financial data

Symbol
PORT, PORTU, PORTW on OTC
Industry
Services-Motion Picture & Video Tape Production
Location
1745 Grand Ave, Del Mar, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 25.5 % +1555%
Debt-to-equity -127 % +93.3%
Return On Equity 49.1 %
Return On Assets -8.46 % -375%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 5.75M shares
Entity Public Float 87.8M USD -61.5%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -1.82M USD -59.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.64M USD -122%
Income Tax Expense (Benefit) 204K USD -83.1%
Net Income (Loss) Attributable to Parent -1.84M USD -131%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 473K USD
Assets, Current 649K USD -72.4%
Assets 13.5M USD -70.9%
Accounts Payable, Current 151K USD -30.3%
Accrued Liabilities, Current 544K USD -74.7%
Liabilities, Current 3.82M USD -20.7%
Liabilities 5.67M USD -6.52%
Retained Earnings (Accumulated Deficit) -5.72M USD -41.3%
Stockholders' Equity Attributable to Parent -5.02M USD -35.3%
Liabilities and Equity 13.5M USD -70.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.99M USD -226%
Net Cash Provided by (Used in) Financing Activities -32M USD
Net Cash Provided by (Used in) Investing Activities 32.3M USD
Common Stock, Shares, Issued 5.75M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 518K USD -78%
Deferred Tax Assets, Valuation Allowance 862K USD +307%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 917K USD +58.2%
Deferred Tax Assets, Operating Loss Carryforwards 39.8K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 700K USD +108%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 55.5K USD -84.9%
Interest Expense 136K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%