FGMC · Fg Merger II 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 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - |
| SG&A | $273.3K | - | $23.4K | $885 | $1.3K | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - |
| Operating Income | ($273.3K) | - | ($23.4K) | ($885) | ($1.3K) | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - |
| Income Tax | $161.2K | - | $178.1K | $176.9K | $117.5K | - | - | - |
| Net Income | $287.8K | - | ($23.4K) | ($885) | ($1.3K) | - | - | - |
| EPS - Basic | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $243.2K | $486.9K | $53.1K | $54.7K | $550.1K | $46.3K | $56.2K | - |
| Accounts Receivable | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - |
| Accounts Payable | $64.5K | $57.2K | $2.7K | $4.0K | $5.8K | $25.7K | $1.8K | - |
| Current Assets | $318.4K | $584.4K | $699.2K | $666.7K | $726.7K | - | - | - |
| Total Assets | $83.18M | $82.72M | $82.55M | $82.30M | $81.82M | $169.0K | $170.9K | - |
| Current Liabilities | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - |
| Total Liabilities | $363.4K | $194.9K | $475.3K | $298.5K | $409.7K | $171.7K | $147.7K | - |
| Stockholders' Equity | ($44.9K) | $389.5K | $223.9K | $21.0K | $317.0K | ($2.6K) | $23.2K | $0 |
| Retained Earnings | ($45.2K) | $389.3K | $223.7K | $368.0K | $286.1K | ($29.3K) | ($1.8K) | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $478.6K | - | - | - | ($194) | - | - | - |
| Investing Cash Flow | ($722.2K) | - | - | - | ($81.10M) | - | - | - |
| Financing Cash Flow | - | - | - | - | $81.38M | - | - | - |
| CapEx | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q3 '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 | 35.9% | - | 115.1% | 100.5% | 101.1% | - | - | - |
| Return on assets | 0.3% | - | -0.0% | -0.0% | -0.0% | - | - | - |
| Return on equity | -640.4% | - | -10.5% | -4.2% | -0.4% | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||
| Current ratio | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - |
| Leverage | ||||||||
| Debt / Equity | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - |
| Equity multiplier | -1851.15 | 212.36 | 368.67 | 3912.12 | 258.15 | -64.22 | 7.36 | - |
| Liabilities / Assets | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 1.02 | 0.86 | - |
| 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) | -20971.5% | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - |
Peer comparison
Same SIC group: Blank Checks
Comparing FG Merger II Corp. against the 5 most active filers in the same SIC group.