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Iris Acquisition IRAB Accretion of redeemable convertible preferred stock to redemption value

Accretion of redeemable convertible preferred stock to redemption value at other companies

flyExclusiveFLYX

$58.22M+16.3%

Comtech TelecommunicationsCMTL

$10.81M-75.7%

SVC

Stellar V Capital Corp. Class A Ordinary SharesSVCC

$1.38M-88.6%

CEP

Cantor Equity Partners I, Inc. Class A Ordinary SharesCEPO

$1.86M-78.7%

Ondas, Inc. ONDS

-$727K—

Tempus AI, Inc.TEM

$0—

Other financials

Income statement

Operating income-$144.1K—

Net income$773.9K—

Balance sheet

Cash & equivalents$854.8K—

Total debt$84.6K—

Total equity-$6.4M—

Total assets$170.4M—

Cash flow

Operating cash flow-$9.8K—

Valuation

Market cap$227.44M+0.2%

Enterprise value$226.67M—

Returns & leverage

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:TemporaryEquityAccretionToRedemptionValue.

The official record: Iris Acquisition ’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iris Acquisition 's accretion of redeemable convertible preferred stock to redemption value?: Iris Acquisition (IRAB) reported accretion of redeemable convertible preferred stock to redemption value of $16.32M in Q1 2026.