Thu, May 22, 8:46 PM (53 days ago)
**Mountain Crest Acquisition Corp. V (MCAG) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** No revenue generated; company is in pre-operational phase. - **Net Loss:** $181,378 (Q1 2025) vs. $25,537 (Q1 2024). - **Operating Expenses:** $191,225 (Q1 2025) vs. $83,769 (Q1 2024). - **Interest Income:** $12,119 (Q1 2025) from investments in the Trust Account. - **Cash Flow:** Negative $88,715 (Q1 2025) from operating activities. **Profit Margins:** - **Operating Margin:** Negative due to high operating expenses and no revenue. - **Net Margin:** Negative due to net losses. **Cash Flow:** - **Operating Cash Flow:** Negative $88,715 (Q1 2025). - **Investing Cash Flow:** No significant investing activities. - **Financing Cash Flow:** Positive due to loans from the Sponsor. **Earnings Changes:** - **Net Loss Increase:** Significant increase in net loss due to higher operating expenses. **Quarterly Performance Discussion:** - **Operational Status:** Company is in the process of identifying a target for a business combination. - **Cash Position:** $27,943 in cash held outside the Trust Account for working capital. - **Trust Account:** $1,169,431 held in a mutual fund invested primarily in U.S. Treasury Securities. **Trends and Uncertainties:** - **Business Combination:** Uncertainty regarding the timing and completion of a business combination. - **Liquidity:** Dependence on loans from the Sponsor for working capital. - **Regulatory:** Compliance with Nasdaq listing requirements and SEC regulations. **Future Operations Impact:** - **Business Combination:** Successful completion of a business combination is crucial for the company's future operations and liquidity. - **Cash Management:** Effective management of cash and working capital is essential to sustain operations until a business combination is completed. **Ticker:** MCAG **Exchange:** OTC Pink Market