IXAQ · IX 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 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | $281.5K | - | $630.8K | $729.7K | $880.8K | - | $169.3K |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | $177.7K | ($74.7K) | ($281.5K) | - | ($630.8K) | ($729.7K) | ($880.8K) | - | ($169.3K) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | ($770.7K) | ($516.2K) | $242.1K | - | ($280.9K) | ($1.32M) | ($721.7K) | - | $476.8K |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $179.0K | $85.9K | $581.8K | $3.8K | $3.5K | $9.0K | $7.7K | $6.9K | $24.3K | $10.2K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $412.9K | $300.3K | $353.7K | $358.2K | $421.1K | $232.6K | $116.3K | $207.0K | - | - |
| Current Assets | $379.5K | $140.2K | $621.4K | $44.0K | $44.5K | $32.2K | $53.5K | $8.5K | $54.3K | $31.5K |
| Total Assets | $9.16M | $19.99M | $20.17M | $19.29M | $18.99M | $32.96M | $32.48M | $31.94M | $31.49M | $50.50M |
| Current Liabilities | $7.04M | $6.84M | $7.55M | $6.91M | $6.48M | $5.82M | $5.06M | $4.13M | $3.15M | $2.38M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $15.89M | $15.69M | $15.10M | $13.70M | $13.65M | $13.36M | $12.60M | $10.74M | $9.57M | $8.99M |
| Stockholders' Equity | ($15.51M) | ($15.55M) | ($14.47M) | ($13.66M) | ($13.61M) | ($13.33M) | ($12.54M) | ($10.73M) | ($9.52M) | ($8.96M) |
| Retained Earnings | ($15.51M) | ($15.55M) | ($14.48M) | ($13.66M) | ($13.61M) | ($13.60M) | ($13.32M) | ($12.00M) | ($11.28M) | ($11.70M) |
Cash Flow
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | ($240.8K) | - | - | - | ($308.4K) | - | - |
| Investing Cash Flow | - | - | - | ($144.9K) | - | - | - | ($150.0K) | - | - |
| Financing Cash Flow | - | - | - | $385.9K | - | - | - | $441.0K | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '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 | - | - | - | - | - | - | - | - | - | - |
| Return on assets | - | -3.9% | -2.6% | 1.3% | - | -0.9% | -4.1% | -2.3% | - | 0.9% |
| Return on equity | - | 5.0% | 3.6% | -1.8% | - | 2.1% | 10.5% | 6.7% | - | -5.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.05 | 0.02 | 0.08 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.01 |
| Quick ratio | 0.05 | 0.02 | 0.08 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.01 |
| Cash ratio | 0.03 | 0.01 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.59 | -1.29 | -1.39 | -1.41 | -1.40 | -2.47 | -2.59 | -2.98 | -3.31 | -5.64 |
| Liabilities / Assets | 1.73 | 0.78 | 0.75 | 0.71 | 0.72 | 0.41 | 0.39 | 0.34 | 0.30 | 0.18 |
| 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) | - | - | 89.8% | 68.0% | - | -272.5% | -223.3% | -217.4% | - | 43.7% |
| Net income growth (YoY) | - | -174.4% | 60.8% | - | - | - | - | - | - | -75.1% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -14.0% | -16.7% | -15.4% | -27.3% | -43.0% | -48.7% | -50.9% | 22.5% | 27.9% | 33.0% |
Peer comparison
Same SIC group: Communications Services, NEC
Comparing IX Acquisition Corp. against the 5 most active filers in the same SIC group.