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Sonics & Materials, Inc. SIMA Net Income
Net Income at other companies
Other financials
Where this comes from
Reported directly by Sonics & Materials, Inc. in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: Sonics & Materials, Inc.’s 10-Q, filed May 15, 2026.
- Filed
- May 14, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001213900-26-057011
| Line item | For the three months ended March 31, 2026 | For the three months ended March 31, 2025 |
|---|---|---|
| Other income | ||
| Interest earned on cash and marketable securities held in Trust Account | 2,155,309 | 2,464,218 |
| Other income | 2,155,309 | 2,464,218 |
| Net income | $2,028,399 | $2,222,746 |
| Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption | 23,000,000 | 23,000,000 |
| Basic and Diluted Net Income per share, Class A Ordinary Shares Subject To Possible Redemption | $0.07 | $0.07 |
| Weighted average shares outstanding, non-redeemable Class B Ordinary Shares | 7,666,667 | 7,666,667 |
| Basis and Diluted Net Income per share, Non-Redeemable Class B Ordinary Shares | $0.07 | $0.07 |
Item 1. Financial Statements.
FAQ
- What is Sonics & Materials, Inc.'s net income?
- Sonics & Materials, Inc. (SIMA) reported net income of $2.03M in Q1 2026.
- How has Sonics & Materials, Inc.'s net income changed year-over-year?
- Sonics & Materials, Inc.'s net income decreased by 8.7% year-over-year, from $2.22M to $2.03M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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