What is General Purpose Acquisition Corp. 's long-term debt, net?

General Purpose Acquisition Corp. (GPAC) reported long-term debt, net of $1.73M in Q1 2026.

What does long-term debt, net mean?

The total amount of long-term debt that can be converted into company stock.

Discontinued — last reported Q3 '22

Long-term debt, net

General Purpose Acquisition Corp. Long-term debt, net decreased by 23.5% to $1.73M in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryLeverage

SignalLower is better

VolatilityStable

First reportedQ4 2015

Last reportedQ3 2022

How to read this metric

An increase indicates higher leverage and potential future dilution, while a decrease suggests debt repayment or conversion into equity.

Detailed definition

This represents the total principal amount of long-term debt obligations that are convertible into shares of the company...

Peer comparison

Common among high-growth SaaS companies to fund operations or acquisitions; peers often show varying levels based on capital structure preferences.

Metric ID: other_convertible_long_term_notes_payable

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$2.26M	$1.73M
QoQ Change	—	-23.5%

Range$1.73M – $2.26M

Frequently Asked Questions

What is General Purpose Acquisition Corp. 's long-term debt, net?: General Purpose Acquisition Corp. (GPAC) reported long-term debt, net of $1.73M in Q1 2026.
What does long-term debt, net mean?: The total amount of long-term debt that can be converted into company stock.