WTMAU · Welsbach Technology Metals 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 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88M | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $1.43M | - | - | - | - | - | - | - | - | - |
| Gross Profit | $445.0K | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $16.10M | $102.1K | $472.2K | $570.2K | $567.7K | - | $215.1K | $277.7K | $272.0K | $555.5K |
| Total Operating Expenses | - | - | - | - | - | - | - | $327.7K | - | - |
| D&A | $252.0K | - | - | - | - | - | - | - | - | - |
| Operating Income | ($15.65M) | - | ($467.0K) | ($606.2K) | ($604.9K) | - | ($225.5K) | ($69.0K) | ($322.0K) | ($1.11M) |
| Interest Expense | $768.0K | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | $9.7K | $13.1K | $12.6K | - | $35.7K | $26.2K | $8.8K | ($261.9K) |
| Net Income | ($440.31M) | - | ($435.7K) | ($521.0K) | ($520.4K) | - | ($80.7K) | ($95.3K) | ($70.2K) | $164.3K |
| EPS - Basic | ($0.04) | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | ($0.04) | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.39M | $4.0K | $1.2K | $711 | $738 | $1.2K | $1.2K | $2.6K | $6.8K | $94.6K |
| Accounts Receivable | $2.27M | - | - | - | - | - | - | - | - | - |
| Inventory | $1.56M | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $8.95M | - | - | - | - | - | - | $2.80M | $2.85M | $2.79M |
| Current Assets | $11.27M | $145.2K | $149.7K | $145.2K | $22.5K | $15.3K | $21.4K | $43.1K | $6.8K | $136.7K |
| Total Assets | $85.62M | $6.61M | $6.57M | $12.39M | $12.38M | $12.27M | $12.25M | $24.48M | $24.20M | $39.96M |
| Current Liabilities | $93.09M | $9.51M | $9.93M | $20.74M | $8.85M | $8.23M | $7.55M | $19.70M | $6.98M | $22.66M |
| Long-term Debt | $2.61M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $96.44M | $12.22M | $12.63M | $23.45M | $11.55M | $10.93M | $10.25M | $22.40M | $9.68M | $25.36M |
| Stockholders' Equity | ($24.76M) | ($12.01M) | ($12.45M) | ($12.04M) | ($11.36M) | ($10.80M) | ($10.13M) | ($9.92M) | ($9.53M) | ($8.99M) |
| Retained Earnings | ($1.12B) | ($12.01M) | ($12.45M) | ($12.04M) | ($11.36M) | ($10.80M) | ($10.13M) | ($9.92M) | ($9.53M) | ($8.99M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($5.57M) | - | - | - | ($474.9K) | - | - | - | ($373.7K) | - |
| Investing Cash Flow | $1.00M | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | ($1.74M) | - | - | - | $474.5K | - | - | - | $373.7K | - |
| CapEx | $24.0K | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | ($5.59M) | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 23.7% | - | - | - | - | - | - | - | - | - |
| Operating margin | -833.2% | - | - | - | - | - | - | - | - | - |
| EBITDA margin | -819.7% | - | - | - | - | - | - | - | - | - |
| Net margin | -23433.4% | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | -297.7% | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 0.01 | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 856.8% | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -514.3% | - | -6.6% | -4.2% | -4.2% | - | -0.7% | -0.4% | -0.3% | 0.4% |
| Return on equity | 1778.4% | - | 3.5% | 4.3% | 4.6% | - | 0.8% | 1.0% | 0.7% | -1.8% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.12 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Quick ratio | 0.10 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Cash ratio | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | -0.11 | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.03 | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -20.4x | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -3.46 | -0.55 | -0.53 | -1.03 | -1.09 | -1.14 | -1.21 | -2.47 | -2.54 | -4.45 |
| Liabilities / Assets | 1.13 | 1.85 | 1.92 | 1.89 | 0.93 | 0.89 | 0.84 | 0.92 | 0.40 | 0.63 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 0.92 | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 441d | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 398d | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 2279d | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | -1440d | - | - | - | - | - | - | - | - | - |
| 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) | -2487.9% | - | -107.1% | -778.3% | -87.9% | - | 79.7% | - | - | - |
| Net income growth (YoY) | -84504.0% | - | -439.9% | -446.8% | -641.8% | - | - | - | 69.5% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -117.9% | -11.2% | -22.9% | -21.4% | -19.3% | - | -12.8% | -30.2% | -37.6% | -131.1% |
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing Welsbach Technology Metals Acquisition Corp. against the 5 most active filers in the same SIC group.