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Notes Payable at other companies

Cineverse Corp. logo
Cineverse Corp.CNVS
$9.44M
Upexi logo
UpexiUPXI
$0-100%
Ring Energy logo
Ring EnergyREI
$0
Genasys logo
GenasysGNSS
$14.61M
Crexendo logo
CrexendoCXDO
$0-100%
Willdan Group logo
Willdan GroupWLDN
$2.5M0.0%

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 us-gaap:NotesPayableCurrent.

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 notes payable?
American Drive Acquisition Company (ADAC) reported notes payable of $1.87K in Q4 2025.
What does notes payable mean?
This represents formal debt obligations evidenced by written promissory notes, typically owed to sponsors or third-party lenders. These instruments are used to fund working capital requirements or initial operating expenses prior to a successful business combination. Investors monitor this to assess the company's reliance on external financing and the potential dilution or repayment burden on future operations.