What is Iris Acquisition 's notes payable?

Iris Acquisition (IRAB) reported notes payable of $75.81K in Q4 2025.

What does notes payable mean?

Represents formal written promises to pay a specific sum of money at a future date, often involving interest payments. These obligations are typically used to fund operational expenses or bridge financing requirements before a business combination. Tracking this metric is essential for assessing the company's leverage and debt service obligations.

Iris Acquisition IRAB Notes Payable

Notes Payable at other companies

ADA

American Drive Acquisition Company ADAC

$1.87K—

Other financials

Income statement

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Operating income-$144.1K—

Net income$773.9K—

Balance sheet

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Cash & equivalents$854.8K—

Total debt$84.6K—

Total equity-$6.4M—

Total assets$170.4M—

Cash flow

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Operating cash flow-$9.8K—

Valuation

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Market cap$227.44M+0.2%

Enterprise value$226.67M—

Returns & leverage

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Debt / equity-0×—

Current ratio2.9×—

Where this comes from

Reported directly by Iris Acquisition in its filing.

Tagged under the XBRL concept us-gaap:NotesPayableCurrent.

The official record: Iris Acquisition ’s 10-K, filed March 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iris Acquisition 's notes payable?: Iris Acquisition (IRAB) reported notes payable of $75.81K in Q4 2025.
What does notes payable mean?: Represents formal written promises to pay a specific sum of money at a future date, often involving interest payments. These obligations are typically used to fund operational expenses or bridge financing requirements before a business combination. Tracking this metric is essential for assessing the company's leverage and debt service obligations.