Trailblazer Merger Corp I reported total assets of $4.31M and total liabilities of $16.24M for the quarter ended Dec 2025, down 84.5% year over year. This balance sheet covers 15 quarters of results from Jun 2022 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash & EquivalentsCash & Equiv. | 0.03M | 1.05M | 0.73M | 0.68M | 0.61M | 0.58M | 0.33M | 0.11M | 0.06M | 0.04M | 0.10M | 0.02M | 0.09M | ||
| Short-term InvestmentsInvestments (Current) | 0.06M | 0.35M | 0.80M | 0.80M | 1.23M | 0.12M | |||||||||
| Cash & Current Investments | 0.03M | 1.05M | 0.73M | 0.68M | 0.61M | 0.58M | 0.39M | 0.46M | 0.87M | 0.84M | 1.33M | 0.02M | 0.21M | ||
| Prepaid Assets | 0.00M | 0.04M | 0.17M | 0.15M | 0.14M | 0.11M | 0.13M | 0.08M | 0.03M | 0.01M | 0.06M | 0.03M | 0.01M | ||
| Current Assets | 0.04M | 1.09M | 0.90M | 0.82M | 0.75M | 0.69M | 0.52M | 50.31M | 0.90M | 0.85M | 1.39M | 24.00M | 0.21M | ||
| Non-Current Assets | |||||||||||||||
| Long-Term Investments | 70.38M | 71.10M | 71.99M | 72.99M | 74.48M | 76.10M | 49.77M | 26.83M | 27.28M | 27.47M | 23.95M | 3.97M | |||
| Long-Term Deferred Tax | 672.00 | 0.01M | 0.05M | 0.06M | 0.21M | 0.14M | 0.17M | 0.23M | 0.35M | 0.35M | 0.35M | 0.39M | 1.04M | ||
| Other Non-Current Assets | 0.27M | 0.08M | 0.05M | 0.03M | 0.06M | 0.35M | 0.80M | 0.80M | 0.12M | 0.12M | 0.12M | ||||
| Non-Current Assets | 0.27M | 70.39M | 71.19M | 72.05M | 73.02M | 74.48M | 76.10M | 26.85M | 26.83M | 27.28M | 27.60M | 4.10M | 4.10M | ||
| Assets | 0.30M | 71.48M | 72.10M | 72.87M | 73.77M | 75.17M | 76.61M | 77.16M | 27.73M | 28.12M | 28.99M | 28.10M | 4.31M | ||
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payables | 0.00M | 0.22M | 0.24M | 1.19M | 1.57M | 1.72M | 1.78M | 2.16M | |||||||
| Notes Payables | 0.23M | 0.33M | 0.33M | 0.32M | 1.01M | 1.70M | 1.90M | 2.53M | 2.92M | 3.74M | |||||
| Payables | 0.23M | 0.33M | 0.55M | 0.56M | 1.01M | 1.70M | 1.90M | 3.72M | 4.49M | 5.46M | 1.78M | 2.16M | |||
| Accumulated Expenses | 0.00M | 0.05M | 0.14M | 0.24M | 0.39M | 0.80M | 0.80M | ||||||||
| Short term Debt | 11.01M | ||||||||||||||
| Current Taxes | 0.15M | 0.31M | 0.31M | 0.64M | 0.50M | 1.10M | 0.89M | 0.96M | 1.04M | 0.88M | 0.91M | ||||
| Curent Deferred Tax LiabilityCurent Deferred Tax | 0.07M | ||||||||||||||
| Total Current Liabilities | 0.28M | 0.46M | 0.68M | 0.93M | 0.94M | 2.18M | 3.40M | 54.08M | 5.11M | 5.95M | 7.06M | 34.05M | 14.17M | ||
| Non-Current Liabilities | |||||||||||||||
| Non-Current Deffered Revenue | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | 2.07M | |||
| Preferred Stock Liabilities | 72.22M | 70.38M | 70.77M | 71.43M | 72.22M | 73.63M | 75.06M | 26.01M | 26.63M | 26.97M | 27.44M | 3.85M | 4.01M | ||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.21M | 0.01M | 0.35M | 1.04M | |||||||||||
| Total Liabilities | -0.02M | -0.02M | 0.28M | 2.53M | 2.75M | 3.00M | 3.22M | 4.25M | 5.48M | 56.15M | 7.18M | 8.02M | 9.13M | 36.12M | 16.24M |
| Shareholder's Equity | |||||||||||||||
| Total Debt | 0.23M | 0.33M | 0.33M | 0.32M | 1.01M | 1.70M | 1.90M | 2.53M | 2.92M | 3.74M | 11.01M | ||||
| Common Equity | 0.02M | 0.02M | 0.02M | -1.43M | -1.43M | -1.57M | -1.68M | -2.71M | -3.93M | -5.00M | -6.08M | -6.86M | -7.58M | -11.87M | -15.94M |
| Liabilities and Shareholders Equity | 0.30M | 71.48M | 72.10M | 72.87M | 73.77M | 75.17M | 76.61M | 77.16M | 27.73M | 28.12M | 28.99M | 28.10M | 4.31M | ||
| Retained Earnings | 0.02M | -1.43M | -1.43M | -1.57M | -1.68M | -2.71M | -3.93M | -5.00M | -6.08M | -6.86M | -7.58M | -11.87M | -15.94M | ||
| Treasury Shares | 6.90M | 6.90M | 6.90M | 6.90M | 6.90M | 6.90M | 2.38M | 2.38M | 2.38M | 2.38M | 0.33M | 0.33M |