Flag Ship Acquisition Corp. Unit (FSHPU) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q2'22 | Q1'22 | Q4'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 15.78K | 25.07K | 54.69K | 84.64K | 156.74K | 172.48K | 120.76K | 237.66K | 43.67K | 120.55K | 120.55K | 178.7K | 182.41K | 186.88K | 30.5K | 46.97K | 74.22K | 2.7K | 2.7K |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 13.97K | 18.52K | 35.94K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 33.43M | 33.08M | 32.58M | 72.28M | 71.54M | 70.8M | 69.99M | 69.1M | 35K | 30K | 30K | 117.5K | -182.41K | 117.5K | -30.5K | 82.5K | 60K | -2.7K | 0 |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 33.43M | 33.08M | 32.58M | 72.28M | 71.54M | 70.8M | 69.99M | 69.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 33.45M | 33.11M | 32.64M | 72.37M | 71.7M | 70.97M | 70.11M | 69.34M | 78.67K | 150.55K | 150.55K | 296.2K | 0 | 304.38K | 0 | 129.47K | 134.22K | 0 | 2.7K |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | -53.35% | -53.35% | -53.45% | 4.37% | 91034.66% | 47042.19% | 46469.87% | 23308.22% | - | -50.54% | - | - | -100% | 126.78% | - | - | 4867.36% | - | - |
| Total Current Liabilities | 1.65M | 1.46M | 1.21M | 939.09K | 858.54K | 712.22K | 327.98K | 41.91K | 437.46K | 433.55K | 433.55K | 429.3K | 0 | 437.49K | 0 | 213.95K | 212.63K | 0 | 19.44K |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 1.54M | 1.45M | 1.17M | 930.35K | 850.35K | 677.85K | 317.57K | 10K | 433.55K | 433.55K | 433.55K | 429.3K | 0 | 432.97K | 0 | 213.95K | 212.63K | 0 | 19.44K |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 104.99K | 17.12K | 35.39K | 0 | 0 | 0 | 0 | -10K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.01x | 0.02x | 0.05x | 0.09x | 0.18x | 0.24x | 0.37x | 5.67x | 0.10x | 0.28x | 0.28x | 0.42x | - | 0.43x | - | 0.22x | 0.35x | - | 0.14x |
| Quick Ratio | 0.01x | 0.02x | 0.05x | 0.09x | 0.18x | 0.24x | 0.37x | 5.67x | 0.10x | 0.28x | 0.28x | 0.42x | - | 0.43x | - | 0.22x | 0.35x | - | 0.14x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.73M | 1.73M | 1.73M | 1.73M | 1.73M | 1.73M | 1.73M | 1.73M | 0 | 0 | 0 | 0 | 220.61K | 0 | 84.48K | 0 | 0 | 16.74K | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 3.37M | 3.19M | 2.93M | 2.66M | 2.58M | 2.44M | 2.05M | 1.77M | 437.46K | 433.55K | 433.55K | 429.3K | 220.61K | 437.49K | 84.48K | 213.95K | 212.63K | 16.74K | 19.44K |
| Total Debt | 1.54M | 1.45M | 1.17M | 930.35K | 850.35K | 677.85K | 317.57K | 10K | 433.55K | 433.55K | 433.55K | 429.3K | 0 | 432.97K | 0 | 213.95K | 212.63K | 0 | 19.44K |
| Net Debt | 1.54M | 1.44M | 1.15M | 910.58K | 814.65K | 601.1K | 317.35K | -95.63K | 392.85K | 317.34K | 317.34K | 253.05K | 182.41K | 250.57K | 0 | 183.45K | 149.18K | 0 | 16.74K |
| Debt / Equity | 0.05x | 0.05x | 0.04x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 30.08M | 29.92M | 29.71M | 69.7M | 69.11M | 68.53M | 68.06M | 67.57M | -358.79K | -283.01K | -283.01K | -133.1K | -220.61K | -133.11K | -84.48K | -84.48K | -78.42K | -16.74K | -16.74K |
| Equity Growth % | -56.48% | -56.35% | -56.35% | 3.16% | 19362.33% | 24316.59% | 24147.91% | 50864.6% | -62.64% | -112.62% | - | -57.55% | -161.13% | -69.75% | - | -404.73% | -368.48% | - | - |
| Book Value per Share | 9.82 | 5.42 | 5.63 | 10.10 | 7.80 | 7.71 | 7.68 | 26.93 | -0.24 | -0.19 | -0.19 | -0.08 | -0.15 | -0.09 | -0.03 | -0.03 | -0.05 | -0.01 | - |
| Total Shareholders' Equity | 30.08M | 29.92M | 29.71M | 69.7M | 69.11M | 68.53M | 68.06M | 67.57M | -358.79K | -283.01K | -283.01K | -133.1K | -220.61K | -133.11K | -84.48K | -84.48K | -78.42K | -16.74K | -16.74K |
| Common Stock | 33.43M | 33.08M | 32.59M | 72.28M | 71.54M | 70.8M | 69.99M | 69.1M | 1.73K | 1.73K | 1.73K | 1.73K | 0 | 1.73K | 0 | 2.88K | 1.73K | 0 | 0 |
| Retained Earnings | -3.36M | -3.17M | -2.88M | -2.58M | -2.43M | -2.27M | -1.93M | -1.53M | -383.79K | -308.01K | -308.01K | -158.1K | 0 | -158.11K | 0 | -109.48K | -103.42K | 0 | -16.74K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -220.61K | 0 | -84.48K | 0 | 0 | -16.74K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |