SequelSEC

Flag Ship Acquisition Corp FSHP

Blank Checks · CIK 0001850059 · Fiscal year ends 1231

Revenue
Unavailable
Fiscal year ended 2025-12-31
Operating income
Unavailable
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Flag Ship Acquisition Corp (FSHP) reported net income of $1.83M for the fiscal year ended 2025-12-31. This page shows 3 annual periods of income statement, balance sheet and cash flow figures normalized from Flag Ship Acquisition Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Blank Checks.

Income

Flag Ship Acquisition Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
RevenueUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailable
Net income$1.83M$909.84K-$62.40K
Research & developmentUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 1.96Mshares 1.85MUnavailable
Pretax income$1.83M$909.84K-$62.40K
Income tax expenseUnavailableUnavailableUnavailable
Diluted EPS$0.24$0.17Unavailable
Selling, general & administrativeUnavailableUnavailableUnavailable
General & administrative$659.06K$889.30K$62.40K
Selling & marketingUnavailableUnavailableUnavailable

Balance

Flag Ship Acquisition Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Cash & equivalentsUnavailableUnavailableUnavailable
Total assets$33.11M$70.97M$150.55K
Current assets$25.07K$172.48K$120.55K
Total liabilities$3.19M$2.44M$433.55K
Current liabilities$1.46M$712.22K$433.55K
Total equity incl. NCI-$3.16M-$2.26M-$283.01K
Temporary (mezzanine) equityUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailable

Cash flow

Flag Ship Acquisition Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Operating cash flow-$479.10K-$876.33K-$66.78K
Capital expendituresUnavailableUnavailableUnavailable
Investing cash flow$40.21M-$69.00MUnavailable
Financing cash flow-$39.80M$69.84M$580
Net change in cashUnavailableUnavailableUnavailable
Stock-based compensationUnavailableUnavailableUnavailable
Common dividends paid$40.45MUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailable

Derived

Flag Ship Acquisition Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Free cash flowUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailable
Current ratio0.02x0.24x0.28x
Revenue YoY growthUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FSHP in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-06-05View SEC filing
10-K · Filed 2026-05-29View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-05-13View SEC filing

Companies in the same industry

Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2025-12-31

Difference 33080038 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.

balance equationreview2024-12-31

Difference 70799136 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.