What is KRAKacquisition's operating income?

KRAKacquisition (KRAQ) reported operating income of -$10.97M in Q1 2026.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

KRAKacquisition (KRAQ) Operating Income

Screener

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-$1.05M—

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-$223.36K—

Segments

By segment

See full

Single-$10.97M—

Other financials

Income statement

See full

Net income-$8.9M—

EPS (diluted)-$0.01—

Balance sheet

See full

Cash & equivalents$824.6K—

Total debt$77.4K—

Total equity-$19.9M—

Total assets$348.0M—

Cash flow

See full

Operating cash flow-$669.9K—

Valuation

See full

Market cap$431.68M+1.2%

Enterprise value$430.93M—

Returns & leverage

See full

Debt / equity-0×—

Current ratio7.7×—

Where this comes from

Reported directly by KRAKacquisition in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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

Line item	For The Three Months Ended March 31,	For The Three Months Ended March 31,
	2026 (Unaudited)
Operating expenses:
General and administrative expenses	$	$10,965,430
Loss from operations		(10,965,430)
Other income:
Interest income		2,054,610
Total other income		2,054,610
Net loss	$	$(8,910,820)

Item 1. Financial Statements

FAQ

What is KRAKacquisition's operating income?: KRAKacquisition (KRAQ) reported operating income of -$10.97M in Q1 2026.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.