IB Acquisition Corp.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Assets | |||
| Cash & Equivalents | $428.7K | $822.8K | $52.6K |
| Accounts Receivable | — | — | — |
| Inventory | — | — | — |
| Total Current Assets | $1.2M | $1.2M | $52.6K |
| Property, Plant & Equipment | — | — | — |
| Goodwill | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — |
| Total Assets | $17.1M | $119.8M | $52.6K |
| Liabilities | |||
| Accounts Payable | — | — | — |
| Total Current Liabilities | $1.8M | $722.2K | $58.0K |
| Long-Term Debt | — | — | — |
| Total Liabilities | $1.8M | $722.2K | $58.0K |
| Stockholders' Equity | |||
| Retained Earnings | $-681.7K | $1.1M | $-8.4K |
| Total Stockholders' Equity | $-681.3K | $1.1M | $-5.4K |