Southport Acquisition Corp financial data

Symbol
PORT, PORTU, PORTW on OTC
Location
1745 Grand Ave, Del Mar, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 87.4 % +243%
Debt-to-equity -372 % -161%
Return On Equity 80.8 % +678%
Return On Assets -42 % +35.7%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 169M shares
Entity Public Float 58.4M USD -33.5%
Common Stock, Value, Issued 16.9K USD
Weighted Average Number of Shares Outstanding, Basic 157M shares +13%
Weighted Average Number of Shares Outstanding, Diluted 157M shares +13%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 76.5M USD +280%
Cost of Revenue 34.3M USD +323%
Research and Development Expense 4.22M USD +33.1%
Selling and Marketing Expense 64.7M USD +290%
General and Administrative Expense 10.1M USD +67.1%
Costs and Expenses 115M USD +225%
Operating Income (Loss) -24.3M USD -45.1%
Nonoperating Income (Expense) -6.77M USD -145%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -31M USD -119%
Income Tax Expense (Benefit) 176K USD -79.6%
Net Income (Loss) Attributable to Parent -31.2M USD -120%
Earnings Per Share, Basic -0.25 USD/shares -150%
Earnings Per Share, Diluted -0.25 USD/shares -150%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 63.3M USD
Accounts Receivable, after Allowance for Credit Loss, Current 24.7M USD
Inventory, Net 1.54M USD
Assets, Current 123M USD +18865%
Property, Plant and Equipment, Net 728K USD
Operating Lease, Right-of-Use Asset 2.27M USD
Intangible Assets, Net (Excluding Goodwill) 4.62M USD
Other Assets, Noncurrent 89.9K USD
Assets 197M USD +1354%
Accounts Payable, Current 11.1M USD +7249%
Accrued Liabilities, Current 11.4M USD +2001%
Contract with Customer, Liability, Current 50.7M USD
Liabilities, Current 113M USD +2866%
Operating Lease, Liability, Noncurrent 1.57M USD
Liabilities 160M USD +2718%
Retained Earnings (Accumulated Deficit) -176M USD -2971%
Stockholders' Equity Attributable to Parent -10.2M USD -184%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 37.2M USD +68.5%
Liabilities and Equity 197M USD +1354%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -342K USD +82.8%
Net Cash Provided by (Used in) Financing Activities 204K USD
Net Cash Provided by (Used in) Investing Activities 32.3M USD
Common Stock, Shares Authorized 700M shares
Common Stock, Shares, Issued 169M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 63.3M USD +458%
Deferred Tax Assets, Valuation Allowance 1.33M USD +54.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.33M USD +45.3%
Operating Lease, Liability, Current 751K USD
Deferred Tax Assets, Operating Loss Carryforwards 56.5K USD +41.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 705K USD +9.19%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 136K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%