BYNO · Bynordic Acquisition Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $30.0K | - | $30.0K | $30.0K | $30.0K | - | $30.0K | $30.0K | $30.0K | - |
| Total Operating Expenses | - | - | - | - | $330.8K | - | $30.0K | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($545.4K) | - | ($323.0K) | ($242.9K) | ($283.1K) | - | ($491.1K) | ($351.4K) | ($330.8K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $9.5K | - | $17.9K | $21.3K | $22.4K | - | $79.0K | $102.1K | $101.0K | - |
| Net Income | ($505.9K) | - | ($249.8K) | ($136.0K) | ($179.5K) | - | ($206.1K) | $79.4K | $94.7K | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $86.3K | $337.8K | $244.0K | $220.3K | $269.5K | $272.6K | $1.93M | $1.90M | $570.1K | $2.31M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $127.9K | $371.7K | $299.9K | $300.7K | $387.8K | $383.8K | $2.00M | $1.94M | $1.94M | $2.34M |
| Total Assets | $5.76M | $5.90M | $5.74M | $12.61M | $12.50M | $12.25M | $13.70M | $42.70M | $42.16M | $41.86M |
| Current Liabilities | $8.89M | $8.52M | $8.19M | $7.72M | $7.48M | $7.05M | $8.33M | $7.33M | $6.87M | $6.66M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $15.10M | $14.74M | $14.40M | $13.94M | $13.69M | $13.26M | $14.54M | $13.54M | $13.08M | $12.88M |
| Stockholders' Equity | ($14.96M) | ($14.37M) | ($14.11M) | ($13.65M) | ($13.31M) | ($12.93M) | ($12.52M) | ($11.54M) | ($10.93M) | ($10.44M) |
| Retained Earnings | ($14.96M) | ($14.37M) | ($14.11M) | ($13.65M) | ($13.31M) | ($12.93M) | ($12.52M) | ($11.54M) | ($10.93M) | ($10.44M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($199.1K) | - | - | - | ($532.2K) | - | - | - | ($237.5K) | - |
| Investing Cash Flow | ($52.4K) | - | - | - | ($120.9K) | - | - | - | ($188.3K) | - |
| Financing Cash Flow | - | - | - | - | $650.0K | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | 56.2% | 51.6% | - |
| Return on assets | -8.8% | - | -4.4% | -1.1% | -1.4% | - | -1.5% | 0.2% | 0.2% | - |
| Return on equity | 3.4% | - | 1.8% | 1.0% | 1.3% | - | 1.6% | -0.7% | -0.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.01 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.24 | 0.27 | 0.28 | 0.35 |
| Quick ratio | 0.01 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.24 | 0.27 | 0.28 | 0.35 |
| Cash ratio | 0.01 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.23 | 0.26 | 0.08 | 0.35 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.39 | -0.41 | -0.41 | -0.92 | -0.94 | -0.95 | -1.09 | -3.70 | -3.86 | -4.01 |
| Liabilities / Assets | 2.62 | 2.50 | 2.51 | 1.11 | 1.10 | 1.08 | 1.06 | 0.32 | 0.31 | 0.31 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -92.7% | - | 34.2% | 30.9% | 14.4% | - | -14.2% | 6.5% | 35.8% | - |
| Net income growth (YoY) | -181.9% | - | -21.2% | - | - | - | - | -94.3% | -90.9% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -12.4% | -11.1% | -12.7% | -18.3% | -21.8% | -23.8% | -21.3% | -47.1% | -88.5% | -95.7% |
Peer comparison
Same SIC group: Blank Checks
Comparing byNordic Acquisition Corp against the 5 most active filers in the same SIC group.