FIAC · Focus Impact 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 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q4 '24 | FY 2024 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $1.1K | $0 | - | - | - | - | - | - | - |
| Cost of Revenue | $6.8K | $1.9K | $0 | - | - | - | - | - | - | - |
| Gross Profit | $270 | ($784) | $0 | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $196.9K | $578.6K | $103.2K | $77.7K | - | $57.3K | - | - | - | - |
| Total Operating Expenses | $2.63M | $1.79M | $1.55M | $1.81M | - | $2.23M | $1.37M | $1.01M | $1.69M | - |
| D&A | $0 | $0 | $450 | $361 | - | $361 | - | - | - | - |
| Operating Income | - | - | - | - | - | - | ($1.37M) | ($1.01M) | ($1.69M) | - |
| Interest Expense | $63.9K | $271.2K | $12.6K | $2.5K | - | $12.7K | - | - | - | - |
| Income Tax | - | - | - | - | - | - | $40.9K | $55.2K | $121.3K | - |
| Net Income | ($3.41M) | ($521.5K) | ($1.72M) | ($4.56M) | - | ($4.06M) | ($1.01M) | ($617.6K) | ($2.23M) | - |
| EPS - Basic | ($0.80) | ($0.14) | ($0.15) | ($0.17) | - | ($0.12) | - | - | - | - |
| EPS - Diluted | ($0.80) | ($0.14) | ($0.15) | ($0.17) | - | ($0.12) | - | - | - | - |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q4 '24 | FY 2024 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.10M | $2.10M | $0 | $10.9K | $13.4K | - | $0 | $0 | $0 | $0 |
| Accounts Receivable | $7.7K | $7.0K | $7.4K | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $1.36M | $1.03M | $1.27M | $1.18M | $6.30M | - | $5.66M | - | - | - |
| Current Assets | $2.04M | $1.84M | $4.34M | $1.07M | $140.4K | - | $141.9K | $278.2K | $42.9K | $318.2K |
| Total Assets | $7.33M | $8.84M | $11.87M | $2.66M | $141.0K | - | $142.9K | $19.35M | $19.25M | $62.74M |
| Current Liabilities | $26.42M | $15.31M | $18.75M | $22.01M | $12.32M | - | $8.50M | $11.45M | $10.50M | $52.44M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $26.61M | $28.17M | $31.46M | - | - | - | $8.50M | $12.51M | $11.79M | $53.04M |
| Stockholders' Equity | ($19.28M) | ($19.33M) | ($19.59M) | ($19.35M) | ($12.18M) | - | ($8.36M) | ($12.45M) | ($11.61M) | ($2.78M) |
| Retained Earnings | ($37.73M) | ($34.32M) | ($33.79M) | ($30.34M) | ($25.78M) | - | ($21.73M) | ($12.45M) | ($11.61M) | ($9.16M) |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q4 '24 | FY 2024 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($3.04M) | - | - | - | ($151.1K) | - | - | ($360.5K) | - |
| Investing Cash Flow | - | ($5.13M) | - | - | - | - | - | - | $43.47M | - |
| Financing Cash Flow | - | $410.7K | - | - | - | $141.9K | - | - | ($43.37M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q4 '24 | FY 2024 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | -71.3% | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | -47413.3% | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 52597.0% | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -46.6% | -5.9% | -14.5% | -171.5% | - | - | -708.2% | -3.2% | -11.6% | - |
| Return on equity | 17.7% | 2.7% | 8.8% | 23.6% | - | - | 12.1% | 5.0% | 19.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.08 | 0.12 | 0.23 | 0.05 | 0.01 | - | 0.02 | 0.02 | 0.00 | 0.01 |
| Quick ratio | 0.08 | 0.12 | 0.23 | 0.05 | 0.01 | - | 0.02 | 0.02 | 0.00 | 0.01 |
| Cash ratio | 0.08 | 0.14 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.38 | -0.46 | -0.61 | -0.14 | -0.01 | - | -0.02 | -1.55 | -1.66 | -22.56 |
| Liabilities / Assets | 3.63 | 3.19 | 2.65 | - | - | - | 59.53 | 0.65 | 0.61 | 0.85 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | 0.00 | 0.00 | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 2336d | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 73111d | 200182d | - | - | - | - | - | - | - | - |
| 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) | - | - | - | - | - | - | 44.8% | 4.0% | -241.3% | - |
| Net income growth (YoY) | 25.1% | - | -69.8% | -637.9% | - | -20.3% | 42.9% | -31.2% | - | - |
| EPS growth (YoY) | -370.6% | - | - | - | - | -20.0% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 0.4% | - | -134.3% | -55.5% | -337.8% | - | -15168.6% | 10.9% | -11.7% | 72.1% |
Peer comparison
Same SIC group: Investors, NEC
Comparing Focus Impact Acquisition Corp. against the 5 most active filers in the same SIC group.