BurTech Acquisition Corp. financial data

Symbol
BRKH, BRKHU, BRKHW on Nasdaq
Industry
Semiconductors & Related Devices
Location
7770 Norfolk Ave, Bethesda, MD
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 51.1 % +57.3%
Debt-to-equity -141 % -26.4%
Return On Equity 5.83 %
Return On Assets -1.57 % -186%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 15.2M shares
Entity Public Float 69.3M USD

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -3.16M USD -20%
Nonoperating Income (Expense) 2.75M USD -63.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -407K USD -108%
Income Tax Expense (Benefit) 538K USD -28.2%
Net Income (Loss) Attributable to Parent -945K USD -128%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.27M USD +104%
Other Assets, Current 56.7K USD -77.7%
Assets, Current 182K USD -87%
Other Assets, Noncurrent 33.9K USD
Assets 49.1M USD -31.2%
Accrued Liabilities, Current 2.53M USD
Liabilities, Current 8.46M USD +71%
Liabilities 18.5M USD +23.4%
Retained Earnings (Accumulated Deficit) -18.1M USD -32.8%
Stockholders' Equity Attributable to Parent -18.1M USD -32.8%
Liabilities and Equity 49.1M USD -31.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.46M USD -135%
Net Cash Provided by (Used in) Financing Activities -23.4M USD +89.7%
Net Cash Provided by (Used in) Investing Activities 24.2M USD -89.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -695K USD -160%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 26.9K USD -97.9%
Deferred Tax Assets, Valuation Allowance 475K USD +65.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 475K USD +65.1%
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%