Iris Acquisition Corp Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Formation and operating costs
Forgiveness of unrelated vendor payables
Loss from operations
Other income (expense):
Gain on change in fair value of warrant liability
Unrealized gain on change in fair value of warrant liabilities
Unrealized gain on change in fair value of derivative liability
Interest income on investments held in Trust Account
Offering costs
Excess of fair value of Private Warrants over proceeds received
Interest expense
Interest expense
Nonrelated Party
Related party
Total other income
Loss before provision for income taxes
Provision for income taxes

Net loss
Basic weighted average shares outstanding
Class A Common Stock
Class A common stock subject to possible redemption
Total class A Common Stock

Class A common stock subject to possible redemption
Class B common stock
Diluted weighted average shares outstanding
Class A Common Stock
Class A common stock subject to possible redemption
Total class A Common Stock

Class A common stock subject to possible redemption
Class B common stock
Basic net loss per share
Diluted net loss per share
Class A Common Stock
Class A common stock subject to possible redemption
Class B common stock

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