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KRAKacquisition KRAQ Business Segments — General And Administrative Expense

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Other financials

Income statement

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Operating income-$11.0M
Net income-$8.9M
EPS (diluted)-$0.01

Balance sheet

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Cash & equivalents$824.6K
Total debt$77.4K
Total equity-$19.9M
Total assets$348.0M

Cash flow

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Operating cash flow-$669.9K

Valuation

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Market cap$431.68M+1.2%
Enterprise value$430.93M

Returns & leverage

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Debt / equity-0×
Current ratio7.7×

Where this comes from

Reported directly by KRAKacquisition in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The source filing: KRAKacquisition’s 10-Q, filed May 15, 2026.

Filed
May 15, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001140361-26-021655
General and administrative expenses$10,965,430
Loss from operations(10,965,430)
Other income:
Interest income2,054,610
Other income
Net loss$(8,910,820)

Item 1. Financial Statements

FAQ

What is KRAKacquisition's business segments — general and administrative expense?
KRAKacquisition (KRAQ) reported business segments — general and administrative expense of $10.97M in Q1 2026.
What does business segments — general and administrative expense mean?
Includes the overhead costs required to maintain the company's corporate operations, such as professional fees, administrative salaries, and office expenses. This metric tracks the burn rate of the entity while it searches for a target business. Controlling these expenses is vital for preserving capital for the eventual acquisition.

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