2024 Q3 Form 10-Q Financial Statement

#000121390024097437 Filed on November 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $340.3K
YoY Change -66.74%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $340.3K
YoY Change -66.74%
Operating Profit -$340.3K
YoY Change -66.74%
Interest Expense $1.457M
YoY Change -49.32%
% of Operating Profit
Other Income/Expense, Net $1.457M
YoY Change -49.32%
Pretax Income $1.117M
YoY Change -39.7%
Income Tax
% Of Pretax Income
Net Earnings $1.117M
YoY Change -39.7%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.07
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $621.5K
YoY Change 754.93%
Cash & Equivalents $621.4K
Short-Term Investments
Other Short-Term Assets $27.75K
YoY Change -91.65%
Inventory
Prepaid Expenses $27.75K
Receivables
Other Receivables
Total Short-Term Assets $649.2K
YoY Change 60.25%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $113.9M
YoY Change -49.44%
Other Assets
YoY Change
Total Long-Term Assets $113.9M
YoY Change -49.44%
TOTAL ASSETS
Total Short-Term Assets $649.2K
Total Long-Term Assets $113.9M
Total Assets $114.5M
YoY Change -49.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.53K
YoY Change -93.31%
Accrued Expenses $2.084M
YoY Change 111.19%
Deferred Revenue
YoY Change
Short-Term Debt $1.720M
YoY Change -67.18%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.758M
YoY Change 21.51%
LONG-TERM LIABILITIES
Long-Term Debt $5.240M
YoY Change
Other Long-Term Liabilities $7.336M
YoY Change 0.0%
Total Long-Term Liabilities $12.58M
YoY Change 71.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.758M
Total Long-Term Liabilities $12.58M
Total Liabilities $20.33M
YoY Change 48.2%
SHAREHOLDERS EQUITY
Retained Earnings -$15.92M
YoY Change 20.47%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$15.92M
YoY Change
Total Liabilities & Shareholders Equity $114.5M
YoY Change -49.24%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $1.117M
YoY Change -39.7%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $55.27K
YoY Change -132.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 440.0K
YoY Change
NET CHANGE
Cash From Operating Activities 55.27K
Cash From Investing Activities
Cash From Financing Activities 440.0K
Net Change In Cash 495.3K
YoY Change -386.75%
FREE CASH FLOW
Cash From Operating Activities $55.27K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Tax Identification Number
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dei Entity Registrant Name
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SK Growth Opportunities Corporation
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dei Entity Address Address Line1
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228 Park Avenue S #96693
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting periods. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p>
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