FINNOVATE ACQUISITION CORP.: 10-Q filed 2023-05-22

Name: FINNOVATE ACQUISITION CORP.: 10-Q filed 2023-05-22
Creator: FINNOVATE ACQUISITION CORP.

What FINNOVATE ACQUISITION CORP. reported in its quarterly report filed 2023-05-22 (fiscal Q1 2023): 14 published measures, 28 facts as tagged in accession 0001493152-23-018554.

This filing

Form: 10-Q (quarterly report)
Filed: 2023-05-22
Fiscal period: fiscal Q1 2023
Accession: 0001493152-23-018554 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All FINNOVATE ACQUISITION CORP. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2023-03-31	180,812,992	USD
At 2022-12-31	179,089,740	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2023-03-31	-756,196	USD
At 2022-12-31	-455,349	USD
At 2022-03-31	854,358	USD
At 2021-12-31	1,015,088	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2023-03-31	94,114	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	1,608,034	USD	90
2022-01-01 to 2022-03-31	-160,730	USD	90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	-150,065	USD	90
2022-01-01 to 2022-03-31	-251,245	USD	90

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2023-03-31	-756,642	USD
At 2022-12-31	-455,795	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	4,312,500	shares	90
2022-01-01 to 2022-03-31	4,312,500	shares	90

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	0.07	USD/shares	90
2022-01-01 to 2022-03-31	-0.01	USD/shares	90

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	-302,264	USD	90
2022-01-01 to 2022-03-31	-175,090	USD	90

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2023-03-31	373,052	USD
At 2022-12-31	558,681	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2023-03-31	1,129,248	USD
At 2022-12-31	1,014,030	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2023-03-31	5,000,001	USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	302,264	USD	90
2022-01-01 to 2022-03-31	175,090	USD	90

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2023-01-01 to 2023-03-31	1,910,298	USD	90
2022-01-01 to 2022-03-31	14,360	USD	90

Inspect the source

Entity: FINNOVATE ACQUISITION CORP. / CIK 0001857855
Captured: 2026-09-21T17:31:39.699Z
SEC response SHA-256: 8c1b67a636cc73ff9a9e5f7d01c241d229073be3be4c59a783db75f38685695d

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001857855.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))