Alpha Star Acquisition Corporation (ALSAR)

Name: Alpha Star Acquisition Corporation Financial Statements
Creator: Quarter Results

Financial Services | Shell Companies

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$0.0

Net Income

-$201K

Operating Margin

N/A

Free Cash Flow

-$652K

Debt / Assets

129.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Alpha Star Acquisition Corporation (ALSAR).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	0	0	0	0
Cost of Revenue	0	0	0	0
Gross Profit	0	0	0	0
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	349,455	0	110,523
Operating Expenses	223,812	105,108	459,346	110,523
Operating Income	-224,000	-105,000	-459,000	-111,000
Interest Expense	0	0	0	0
Income Before Tax	-201,000	21,681	-139,000	738,105
Income Tax Expense	0	0	0	0
Net Income	-201,000	21,681	-139,000	738,105
Per Share
EPS	-0.09	0.01	-0.04	0.23
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Alpha Star Acquisition Corporation (ALSAR).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	0	0	0	0	0
Cost of Revenue	0	0	0	0	0
Gross Profit	0	0	0	0	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	0	0	435,287	587,614	0
Operating Expenses	0	0	435,287	587,614	0
Operating Income	-887,584	-913,909	-435,000	587,614	53,258
Interest Expense	0	0	0	-2,093,742	0
Income Before Tax	-847,048	1,345,000	4,924,000	1,107,130	-52,509
Income Tax Expense	0	0	0	462,266	0
Net Income	-847,048	1,345,000	4,924,000	644,864	-52,509
Per Share
EPS	-0.39	0.38	0.36	0.04	-0.08
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Alpha Star Acquisition Corporation (ALSAR).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	0	0	111	387,858
Short Term Investments	10,819,317	0	118,228,816	115,000,744
Net Receivables	0	0	0	0
Inventory	0	0	0	0
Total Current Assets	10,820,817	12,500	118,339,807	115,530,794
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	11,113,353	101,603,162	118,339,807	115,530,794
Liabilities
Account Payables	0	0	-2,875,000	0
Short Term Debt	394,488	5,755,961	1,533,332	0
Total Current Liabilities	11,564,018	6,189,022	4,629,881	2,927,999
Long Term Debt	0	0	0	0
Total Liabilities	14,439,018	9,064,022	4,629,881	2,927,999
Shareholders Equity
Retained Earnings	-10,381,847	-9,069,727	-4,522,095	-2,400,410
Total Shareholders Equity	-3,325,665	92,539,140	113,709,926	-2,397,205

Balance sheet annual history for Alpha Star Acquisition Corporation (ALSAR).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	0	0	111	387,858
Short Term Investments	10,819,317	0	118,228,816	115,000,744
Net Receivables	0	0	0	0
Inventory	0	0	0	0
Total Current Assets	10,820,817	12,500	118,339,807	115,530,794
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	11,113,353	101,603,162	118,339,807	115,530,794
Liabilities
Account Payables	0	0	-2,875,000	0
Short Term Debt	394,488	5,755,961	1,533,332	0
Total Current Liabilities	11,564,018	6,189,022	4,629,881	2,927,999
Long Term Debt	0	0	0	0
Total Liabilities	14,439,018	9,064,022	4,629,881	2,927,999
Shareholders Equity
Retained Earnings	-10,381,847	-9,069,727	-4,522,095	-2,400,410
Total Shareholders Equity	-3,325,665	92,539,140	113,709,926	-2,397,205

Cash flow quarterly history for Alpha Star Acquisition Corporation (ALSAR).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-847,048	1,344,563	4,924,098	1,107,130
Depreciation & Amortization	0	0	0	142,192
Stock Based Compensation	0	0	0	0
Change in Working Capital	0	670,514	199,012	168,550
Operating Cash Flow	-651,811	-243,395	-235,925	-276,867
Investing Activities
Capital Expenditure	0	0	-5	0
Investments	0	0	-5	0
Investing Cash Flow	10,434,317	92,737,281	21,997,189	-1,533,332
Financing Activities
Debt Repayment	0	888,395	-4,222,629	-1,533,330
Common Stock Issued/Repurchased	0	-93,382,281	-26,094,884	0
Dividends Paid	-40,536	-2,258,472	0	0
Financing Cash Flow	-9,782,506	-92,493,886	-21,872,255	1,533,332
Summary
Free Cash Flow	-651,811	-243,395	-235,930	-276,867
Net Change in Cash	0	0	-110,991	-276,867

Cash flow annual history for Alpha Star Acquisition Corporation (ALSAR).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-847,048	1,344,563	4,924,098	1,107,130
Depreciation & Amortization	0	0	0	142,192
Stock Based Compensation	0	0	0	0
Change in Working Capital	0	670,514	199,012	168,550
Operating Cash Flow	-651,811	-243,395	-235,925	-276,867
Investing Activities
Capital Expenditure	0	0	-5	0
Investments	0	0	-5	0
Investing Cash Flow	10,434,317	92,737,281	21,997,189	-1,533,332
Financing Activities
Debt Repayment	0	888,395	-4,222,629	-1,533,330
Common Stock Issued/Repurchased	0	-93,382,281	-26,094,884	0
Dividends Paid	-40,536	-2,258,472	0	0
Financing Cash Flow	-9,782,506	-92,493,886	-21,872,255	1,533,332
Summary
Free Cash Flow	-651,811	-243,395	-235,930	-276,867
Net Change in Cash	0	0	-110,991	-276,867