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KRAKacquisition KRAQ Business Segments — Net Income Loss

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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+1.1%
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:NetIncomeLoss.

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 — net income loss?
KRAKacquisition (KRAQ) reported business segments — net income loss of -$8.91M in Q1 2026.
What does business segments — net income loss mean?
This metric represents the total profit or loss generated by the company's primary business operations after accounting for all revenues and expenses. It serves as a fundamental indicator of the entity's financial performance and operational viability during the reporting period. Investors use this figure to assess the bottom-line profitability of the core business activities before any potential merger or acquisition activity.

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