What does customer advances (current) mean?

Payments received from customers for goods or services that have not yet been delivered or performed within the current fiscal year. This represents a liability that will be satisfied through future performance rather than cash payment. It serves as an indicator of customer demand and future revenue recognition.

New America Acquisition I NWAX Customer Advances (Current)

Customer Advances (Current) at other companies

BDC

BTC Development Corp. BDCI

$857.28K—

Other financials

Income statement

See full

Operating income-$312.0K—

Net income$2.1M—

EPS (diluted)$0.04—

Balance sheet

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Cash & equivalents$855.5K—

Total equity$578.9K—

Total assets$350.4M—

Cash flow

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Operating cash flow-$88.6K—

Valuation

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Market cap$504.43M-0.5%

Returns & leverage

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Current ratio1.3×—

Where this comes from

Reported directly by New America Acquisition I in its filing.

Tagged under the XBRL concept us-gaap:OtherDeferredCostsNet.

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

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Questions, answered.

What is New America Acquisition I 's customer advances (current)?: New America Acquisition I (NWAX) reported customer advances (current) of $1.93M in Q1 2026.
What does customer advances (current) mean?: Payments received from customers for goods or services that have not yet been delivered or performed within the current fiscal year. This represents a liability that will be satisfied through future performance rather than cash payment. It serves as an indicator of customer demand and future revenue recognition.