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Financial statements

LightWave Acquisition Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data LightWave Acquisition Corp. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025
General and administrative0.47
Operating income-0.47
Interest income0.02
Other non-operating income4.1
Net income3.63

Balance sheet

FY2025
Cash and equivalents0.81
Other current assets0.01
Total current assets0.92
Total assets221
Accounts payable0.08
Total current liabilities0.15
Total liabilities7.7
Retained earnings-6.75
Shareholders' equity-6.75
Total equity-6.75
Total liabilities and equity221

Cash flow statement

FY2025
Net income3.63
Stock-based compensation0.37
Change in payables0.09
Cash from operations-0.48
Purchases of investments-216
Cash from investing-216
Stock issued0.03
Cash from financing217
Net change in cash0.81

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $10.38 on September 22, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)1.6%Net income / average total assets.

Balance sheet health

MetricValueHow it is calculated
Current ratio5.98xCurrent assets / current liabilities.
Quick ratio5.27x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio5.27x(Cash + short-term investments) / current liabilities.
Liabilities / assets3.5%Total liabilities / total assets.
Working capital$763.4KCurrent assets - current liabilities.
Tangible book value-$6.7MShareholders' equity - goodwill - intangible assets.
Was LightWave Acquisition Corp. profitable in fiscal 2025?

Yes. Net income was $3.6M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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