Melar Acquisition Corp. I Warra (NASDAQ:MACIW)
No insider has filed an open-market purchase or sale here in the last 90 days, so there is nothing to score yet.
No revenue reported, so there is no margin to score.
- Revenue
- $0
- Net income
- $3.9M
- Net margin
- —
Heavily indebted for what it earns.
- Total debt
- $4.3M
- Cash
- $2K
- Net debt / EBITDA
- 2.75x
Owes more within a year than it holds to pay it.
- Current assets
- $4.2M
- Current liabilities
- $5.9M
- Current ratio
- 0.70
Consumes cash and must keep raising it.
- Operating cash flow
- -$777K
- Free cash flow
- -$777K
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 14.0M
- Share growth (1y)
- 149.2%
- Cash runway
- 0 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
MACIW Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Growth (YoY) | — | — | — | — | — | — |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A Expense | 628.70 K | 739.22 K | 373.74 K | 712.02 K | 233.29 K | 156.95 K |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 628.70 K | 739.22 K | 373.74 K | 712.02 K | 233.29 K | 156.95 K |
| Operating Income | -628.70 K | -739.22 K | -373.74 K | -712.02 K | -233.29 K | -156.95 K |
| Pretax Income | 720.17 K | 778.26 K | 1.29 M | 1.11 M | 1.56 M | 1.58 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 720.17 K | 778.26 K | 1.29 M | 1.11 M | 1.56 M | 1.58 M |
| EPS (Basic) | 0.04 | 0.04 | 0.07 | 0.05 | 0.07 | 0.07 |
| EPS (Diluted) | 0.04 | 0.04 | 0.07 | 0.05 | 0.07 | 0.07 |
| Shares Outstanding | 14.01 M | 16.00 M | 16.00 M | 16.00 M | 5.62 M | 21.62 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.