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Other financials

Income statement

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Operating income-$4.0M+30.7%
Net income-$5.2M-37.4%
EPS (diluted)-$0.53+26.4%

Balance sheet

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Cash & equivalents$1.2M-22.2%
Total debt$103.8K-98.4%
Total equity-$7.9M+38.7%
Total assets$9.4M-17.6%

Cash flow

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Operating cash flow-$2.1M+28.2%
CapEx$1.2K+2.5%
Free cash flow-$2.1M+0.2%

Valuation

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Market cap$294.98M+1.3%
Enterprise value$293.85M

Returns & leverage

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Return on equity166.2%
Debt / equity-0×
Current ratio0.1×

Where this comes from

Reported directly by General Purpose Acquisition Corp. in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: General Purpose Acquisition Corp. ’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 5:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001493152-26-023175
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Cash flows from operating activities:
Net loss$(5,234,692)$(3,809,700)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based compensation1,510,2592,954,279
Change in fair value of investment in equity securities(5,601)(10,755)
Amortization of debt discount and debt issuance cost361,958-
Loss from change in fair value of common stock make-whole obligation25,027197,930
Change in fair value of warrant liability667,571(1,699,177)

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FAQ

What is General Purpose Acquisition Corp. 's stock-based comp?
General Purpose Acquisition Corp. (GPAC) reported stock-based comp of $1.51M in Q1 2026.
How has General Purpose Acquisition Corp. 's stock-based comp changed year-over-year?
General Purpose Acquisition Corp. 's stock-based comp decreased by 48.9% year-over-year, from $2.95M to $1.51M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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