FutureTech II Acquisition Corp. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that FutureTech II Acquisition Corp. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($747.0K) | Apr 9, 2025 |
| FY2024 | Dec 31, 2023 | $2.91M | Apr 9, 2025 |
| FY2023 | Dec 31, 2022 | $700.0K | Dec 20, 2024 |
| FY2022 | Dec 31, 2021 | ($438) | Mar 31, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($1.93M) | Apr 9, 2025 |
| FY2024 | Dec 31, 2023 | ($1.77M) | Apr 9, 2025 |
| FY2023 | Dec 31, 2022 | ($601.4K) | Dec 20, 2024 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $28.12M | Apr 9, 2025 |
| FY2024 | Dec 31, 2023 | $63.22M | Apr 9, 2025 |
| FY2023 | Dec 31, 2022 | $119.47M | Dec 20, 2024 |
| FY2022 | Dec 31, 2021 | $140.5K | Mar 31, 2023 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $27.89M | Apr 9, 2025 |
| FY2024 | Dec 31, 2023 | $8.50M | Apr 9, 2025 |
| FY2023 | Dec 31, 2022 | $4.24M | Dec 20, 2024 |
| FY2022 | Dec 31, 2021 | $115.9K | Mar 31, 2023 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($8.85M) | Apr 9, 2025 |
| FY2024 | Dec 31, 2023 | ($6.50M) | Apr 9, 2025 |
| FY2024 | Dec 31, 2022 | ($3.23M) | Apr 9, 2025 |
| FY2023 | Dec 31, 2021 | $24.6K | Dec 20, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($8.86M) | Apr 9, 2025 |
| FY2024 | Dec 31, 2023 | ($6.50M) | Apr 9, 2025 |
| FY2023 | Dec 31, 2022 | ($3.23M) | Dec 20, 2024 |
| FY2022 | Dec 31, 2021 | ($438) | Mar 31, 2023 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $262.8K | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $5.0K | Mar 31, 2023 |