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American Drive Acquisition Company ADAC Accrued Offering Costs Current

Accrued Offering Costs Current at other companies

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$125K
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$75K
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Insight Digital Partners II
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Insight Digital Partners II DYOR
$75K

Other financials

Income statement

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Operating income-$1.1M
Net income$970.8K
EPS (diluted)$0.03

Balance sheet

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Cash & equivalents$994.2K
Total equity-$9.3M
Total assets$233.5M

Cash flow

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Operating cash flow-$419.9K

Valuation

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Market cap$288.08M+2.0%

Returns & leverage

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Current ratio1.2×

Where this comes from

Reported directly by American Drive Acquisition Company in its filing.

Tagged under the XBRL concept adac:AccruedOfferingCostsCurrent.

The official record: American Drive Acquisition Company ’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Drive Acquisition Company 's accrued offering costs current?
American Drive Acquisition Company (ADAC) reported accrued offering costs current of $75K in Q1 2026.
What does accrued offering costs current mean?
This reflects the outstanding expenses incurred in connection with the company's registration and issuance of securities that have not yet been paid. These costs typically include legal, accounting, and administrative fees associated with the initial public offering process. Tracking this liability is essential for understanding the company's immediate obligations related to its capital-raising activities.