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Notes Payable at other companies

ADA
American Drive Acquisition Company ADAC
$1.87K

Other financials

Income statement

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Operating income-$329.9K
Net income$1.1M
EPS (diluted)$0.05

Balance sheet

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Cash & equivalents$725.5K
Total equity-$6.2M
Total assets$174.8M

Cash flow

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Operating cash flow-$379.8K

Valuation

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Market cap$228.85M+0.2%

Returns & leverage

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Current ratio3.6×

Where this comes from

Reported directly by Black Spade Acquisition in its filing.

Tagged under the XBRL concept us-gaap:NotesPayableCurrent.

The official record: Black Spade Acquisition ’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Black Spade Acquisition 's notes payable?
Black Spade Acquisition (BIII) reported notes payable of $123.99K in Q4 2025.
What does notes payable mean?
This represents formal debt obligations evidenced by written promissory notes, requiring the company to pay a specified principal amount at a future date, often with interest. These instruments are frequently used by special purpose acquisition companies to fund working capital and operational expenses prior to a business combination. Analyzing this metric helps investors assess the company's leverage, interest burden, and reliance on external financing to sustain operations.