Is Iris Acquisition Corp (IRAA) a Buy, Sell, or Hold?
OTC : IRAA
Iris Acquisition Corp — Financials
$6.43 USD
-$0.56 (-8.01%)
- Volume
- 29.72K
- Average Volume
- 2.45K
- Market Capitalization
- $45.1M
- P/E Ratio
- -16.08
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $12.49
- Year Low
- $4.26
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.09
IRAA Financial Statements
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| revenue | - | - | - | - | - |
| costOfRevenue | - | 2.59M | - | - | - |
| grossProfit | - | -2.59M | -2.45M | -2.53M | - |
| researchAndDevelopmentExpenses | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | 2.53M | - |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | 2.59M | 2.45M | 2.53M | 7812 |
| otherExpenses | - | - | - | - | - |
| operatingExpenses | - | -275K | -580K | 2.53M | 7812 |
| costAndExpenses | - | 2.59M | 1.87M | 2.53M | 7812 |
| netInterestIncome | 274.48K | 450.55K | 3.08M | 16842 | - |
| interestIncome | 137.72K | 450.55K | 3.08M | 16842 | - |
| interestExpense | -137K | - | - | - | - |
| depreciationAndAmortization | 115.9K | 2.59M | 2.45M | 2.53M | 7812 |
| ebitda | -2.91M | 1.39M | -11.46M | -10.03M | 7.81 |
| ebit | -3.02M | -1.3M | - | - | -7812 |
| nonOperatingIncomeExcludingInterest | 115.9K | -1.29M | - | - | - |
| operatingIncome | -2.91M | -2.59M | -1.87M | -2.53M | -7812 |
| totalOtherIncomeExpensesNet | 20861 | 1.39M | 12.66M | 6.9M | - |
| incomeBeforeTax | -2.88M | -1.19M | 10.79M | 4.37M | -7812 |
| incomeTaxExpense | 18841 | 33987 | 539.82K | - | - |
| netIncomeFromContinuingOperations | -2.9M | -1.23M | 10.25M | 4.37M | -7812 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | -2.9M | -1.23M | 10.25M | 4.37M | -7812 |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | -2.9M | -1.23M | 10.25M | 4.37M | -7812 |
| eps | -0.4 | -0.15 | 1.35 | 0.63 | -0.0 |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 65343 | 156.42K | 280.64K | 336.23K | - |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 65343 | 156.42K | 280.64K | 336.23K | - |
| netReceivables | 6456 | 54456 | 1256 | 1256 | - |
| accountsReceivables | 6456 | 54456 | 1256 | 1256 | - |
| otherReceivables | - | - | - | - | - |
| inventory | - | - | - | - | - |
| prepaids | - | - | - | 84438 | - |
| otherCurrentAssets | 740.86K | - | 78753 | - | 298.96K |
| totalCurrentAssets | 812.66K | 210.88K | 360.65K | 421.92K | 298.96K |
| propertyPlantEquipmentNet | - | - | - | - | - |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | - | 4.29M | 15.13M | 276.02M | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 2.02M | 4.29M | - | - | 298.96K |
| totalNonCurrentAssets | 2.02M | 4.29M | 15.13M | 276.02M | 298.96K |
| otherAssets | - | - | - | - | -298.96K |
| totalAssets | 2.83M | 4.5M | 15.49M | 276.44M | 298.96K |
| totalPayables | 2.82M | 2.56M | 1.66M | 1.38M | 12500 |
| accountPayables | 2.61M | 2M | 594.96K | 1.09M | - |
| otherPayables | 206.92K | 558.55K | 1.06M | 290K | 12500 |
| accruedExpenses | - | 330.01K | 894.5K | - | 262.76K |
| shortTermDebt | 5.12M | 2.27M | 1.04M | 90000 | 12500 |
| capitalLeaseObligationsCurrent | - | - | - | - | - |
| taxPayables | 2913 | 379.96K | 986.96K | 200K | - |
| deferredRevenue | - | - | - | - | - |
| otherCurrentLiabilities | 739.2K | 2202 | - | -90000 | -12500 |
| totalCurrentLiabilities | 8.68M | 5.16M | 3.59M | 1.38M | 275.26K |
| longTermDebt | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 10.02M | 10.04M | 10.6M | 20.19M | - |
| totalNonCurrentLiabilities | 10.02M | 10.04M | 10.6M | 20.19M | - |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - |
| totalLiabilities | 18.7M | 15.19M | 14.19M | 21.57M | 275.26K |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 1.76M | 4.05M | 15.13M | 276M | 690 |
| retainedEarnings | -17.52M | -14.88M | -13.97M | -21.13M | -1302 |
| additionalPaidInCapital | 51795 | 140K | 140K | - | 24310 |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| netIncome | -2.9M | -1.23M | 10.25M | 4.37M | -7.81 |
| depreciationAndAmortization | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - |
| changeInWorkingCapital | -44539 | 531.02K | 1.9M | 1.32M | 1302 |
| accountsReceivables | - | - | - | - | - |
| inventory | - | - | - | - | - |
| accountsPayables | 286.18K | 1.11M | 979.06K | 1.13M | - |
| otherWorkingCapital | -330.72K | -581.44K | 917.64K | 191.81K | 1302 |
| otherNonCashItems | -157.62K | -1.39M | -13.24M | -6.9M | 7.81 |
| netCashProvidedByOperatingActivities | -3.11M | -2.09M | -1.1M | -1.22M | 7.81 |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | - | - | -15.13M | -276M | - |
| salesMaturitiesOfInvestments | - | - | 279.09M | - | - |
| otherInvestingActivities | 1.97M | 11.39M | 263.96M | -276M | - |
| netCashProvidedByInvestingActivities | 1.97M | 11.39M | 263.96M | -276M | - |
| netDebtIssuance | 2.85M | 1.23M | 1.04M | - | - |
| longTermNetDebtIssuance | - | - | - | - | - |
| shortTermNetDebtIssuance | 2.85M | 1.23M | 1.04M | - | - |
| netStockIssuance | -1.8M | -10.66M | -263.96M | 275.55M | - |
| netCommonStockIssuance | -1.8M | -10.66M | -263.96M | 275.55M | - |
| commonStockIssuance | - | - | - | 275.55M | - |
| commonStockRepurchased | -1.8M | -10.66M | -263.96M | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | - | - | - | -275.27M | - |
| netCashProvidedByFinancingActivities | 1.05M | -9.42M | -262.92M | 277.55K | - |
| date | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 1.44M | - | - | - | - | - | - | - | - | - |
| costOfRevenue | 721.75K | - | - | 721.75K | 642.7K | 676.32K | 650.7K | 616.49K | 2.45M | 258.68K |
| grossProfit | 721.75K | - | - | -722K | -643K | -676K | -651K | -616K | -2.45M | -259K |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | 1.14M | 258.68K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 721.75K | - | 642.08K | 721.75K | 642.7K | 676.32K | 650.7K | 616.49K | -1.14M | 258.68K |
| otherExpenses | - | 1.02M | 642.08K | - | - | 676.32K | 375.7K | 616.49K | 2.45M | -580K |
| operatingExpenses | 721.75K | 1.02M | 642.08K | 721.75K | 642.7K | 676.32K | -275K | 616.49K | 1.32M | -580K |
| costAndExpenses | 1.44M | 1.02M | 642.08K | 721.75K | 642.7K | 676.32K | 375.7K | 616.49K | 1.32M | -321K |
| netInterestIncome | -113K | 32986 | 33363 | 45902 | -55998 | 421.85K | - | 84697 | 2.87M | 36037 |
| interestIncome | 24127 | 32986 | 33363 | 47241 | 47091 | 421.85K | - | 84697 | 2.87M | 36037 |
| interestExpense | 136.76K | - | - | 1339 | 103.09K | - | - | - | - | - |
| depreciationAndAmortization | - | - | - | 721.75K | 642.7K | 676.32K | 650.7K | 616.49K | 1.32M | 258.68K |
| ebitda | -728K | -638K | -530.07K | -851.04K | 854.37K | -300K | 894.18K | -507K | -1.32M | -315 |
| ebit | -728K | -638K | -530K | -851.04K | 854.37K | -676K | 222.48K | -641K | -1.32M | -259K |
| nonOperatingIncomeExcludingInterest | 205.71K | -382K | -112K | 404.2K | -1.5M | - | -598K | 24938 | - | 579.99K |
| operatingIncome | -523K | -1.02M | -642K | -722K | -643K | -676K | -376K | -616K | -1.32M | 321.3K |
| totalOtherIncomeExpensesNet | -342K | 381.96K | 112.01K | -131K | 169.7K | 376.03K | 598.18K | -24938 | 1.7M | 2.55M |
| incomeBeforeTax | -865K | -638K | -530K | -852K | -473K | -300K | 222.48K | -641K | 385.44K | 2.88M |
| incomeTaxExpense | 3051 | 5163 | 4780 | 5847 | 13600 | 23601 | -10500 | 7286 | 396.07K | 143.75K |
| netIncomeFromContinuingOperations | -868K | -643K | -535K | -858K | -487K | -324K | 232.98K | -649K | -10637 | 2.73M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -868K | -643K | -535K | -858K | -487K | -324K | 232.98K | -649K | -10637 | 2.73M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -868K | -643K | -535K | -858K | -487K | -324K | 232.98K | -649K | -10637 | 2.73M |
| eps | -0.12 | -0.09 | -0.07 | -0.12 | -0.07 | -0.04 | 0.03 | -0.08 | -0.0 | 0.36 |
| date | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 65343 | 325.6K | 339.2K | 1.47M | 156.42K | 337.72K | 115.18K | 45337 | 280.64K | 130.66K |
| shortTermInvestments | - | 32580 | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 65343 | 358.18K | 339.2K | 1.47M | 156.42K | 337.72K | 115.18K | 45337 | 280.64K | 130.66K |
| netReceivables | 6456 | 15756 | 24456 | 35356 | 54456 | 1256 | 1256 | 121.26K | 1256 | 1256 |
| accountsReceivables | 6456 | 15756 | 24456 | 35356 | 54456 | 1256 | 1256 | 121.26K | 1256 | 1256 |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | -139 | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | 206.84K |
| otherCurrentAssets | 740.86K | 20250 | 45500 | 5000 | 139 | 17500 | 66670 | 31459 | 78753 | - |
| totalCurrentAssets | 812.66K | 394.19K | 409.16K | 1.51M | 210.88K | 356.48K | 183.1K | 198.05K | 360.65K | 338.76K |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | 3.13M | 3.12M | 4.29M | 4.2M | 14.53M | 14.52M | 15.13M | 277.11M |
| taxAssets | - | - | - | - | - | - | 3214 | - | - | - |
| otherNonCurrentAssets | 2.02M | 2.67M | - | 3.12M | - | - | - | - | - | - |
| totalNonCurrentAssets | 2.02M | 2.67M | 3.13M | 3.12M | 4.29M | 4.2M | 14.53M | 14.52M | 15.13M | 277.11M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 2.83M | 3.07M | 3.54M | 4.63M | 4.5M | 4.56M | 14.72M | 14.72M | 15.49M | 277.45M |
| totalPayables | 2.82M | 2.96M | 2.7M | 2.32M | 2.56M | 2.82M | 2.61M | 2.52M | 1.66M | 874.78K |
| accountPayables | 2.61M | 2.75M | 2.49M | 2.01M | 2M | 2.22M | 1.89M | 1.85M | 594.96K | 446.71K |
| otherPayables | 206.92K | 216.48K | 210K | 305.22K | 558.55K | 601.35K | 714.82K | 672.11K | 1.06M | 428.06K |
| accruedExpenses | - | - | - | 391.84K | 330.01K | - | - | - | 894.5K | - |
| shortTermDebt | 5.12M | 4.57M | 3.77M | 2.97M | 2.27M | 1.78M | 1.41M | 1.15M | 1.04M | 840K |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | 2913 | 19861 | 18757 | 113.98K | 379.96K | 526.35K | 639.82K | 597.11K | 986.96K | 353.06K |
| deferredRevenue | - | - | - | - | - | - | -3.21M | - | - | - |
| otherCurrentLiabilities | 739.2K | - | - | 1.27M | 2202 | - | - | - | - | - |
| totalCurrentLiabilities | 8.68M | 7.54M | 6.47M | 6.95M | 5.16M | 4.6M | 4.02M | 3.67M | 3.59M | 1.71M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | 141.52K |
| otherNonCurrentLiabilities | 10.02M | 9.79M | 10.14M | 10.22M | 10.04M | 10.16M | 10.11M | 10.71M | 10.6M | 10.32M |
| totalNonCurrentLiabilities | 10.02M | 9.79M | 10.14M | 10.22M | 10.04M | 10.16M | 10.11M | 10.71M | 10.6M | 10.46M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 18.7M | 17.32M | 16.61M | 17.16M | 15.19M | 14.76M | 14.14M | 14.38M | 14.19M | 12.18M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 1.76M | 2.45M | 2.92M | 2.87M | 4.05M | 3.99M | 14.53M | 14.52M | 15.13M | 277.11M |
| retainedEarnings | -17.52M | -16.64M | -15.99M | -15.46M | -14.88M | -14.34M | -14.09M | -14.32M | -13.97M | -11.98M |
| additionalPaidInCapital | 51795 | 52287 | 71560 | 53611 | 140K | 140K | 140K | 140K | 140K | 140K |
| date | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 8.19B | -642.9K | -534.85K | -858.23K | -486.6K | -323.89K | 232.98K | -648.72K | -10637 | 2.73M |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | 3214 | -3214 | - | -141.52K | 141.52K |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -3.88B | 295.5K | -41028 | -176.12K | 29198 | 157.36K | 448.25K | -103.79K | 1.8M | -198.85K |
| accountsReceivables | 9300 | 8700 | 10900 | 19100 | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 400.97M | 260.45K | 83792 | 75767 | 107.7K | 325.24K | 320.75K | 358.76K | 1.04M | -379.99K |
| otherWorkingCapital | -4.28B | 26354 | -135.72K | -195.22K | -78500 | -167.89K | 127.5K | -358.76K | 761.98K | 181.14K |
| otherNonCashItems | -4.31B | -381.96K | -112.01K | 130.63K | -169.7K | -376.03K | -873.18K | 24938 | -1.7M | -3.13M |
| netCashProvidedByOperatingActivities | -785.5K | -729.36K | -687.89K | -903.72K | -627.1K | -539.35K | -195.16K | -727.57K | -50025 | -459.76K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | -34444 | -45685 | -42695 | -14231 | - | -63589 | -15.13M | - |
| salesMaturitiesOfInvestments | -294.52K | - | - | 294.52K | 853.26K | 9.91M | -6578 | 752.14K | 279.09M | - |
| otherInvestingActivities | 237.18K | 485.53K | 1.33M | - | -853.26K | 853.26K | -6578 | - | 263.96K | - |
| netCashProvidedByInvestingActivities | -57343 | 485.53K | 1.29M | 248.83K | -42695 | 10.75M | -6578 | 688.55K | 263.96M | - |
| netDebtIssuance | -2.3M | 800K | 800K | 700K | 488.5K | 370K | - | - | 200K | - |
| longTermNetDebtIssuance | -2.85M | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | 550K | 800K | 800K | 700K | 488.5K | 370K | 265K | 108.72K | 200K | 540K |
| netStockIssuance | 1.8M | -537.2K | -1.27M | - | - | -10.36M | 6577 | -305.01K | -263.96M | - |
| netCommonStockIssuance | 1.8M | -537.2K | -1.27M | - | - | -10.36M | 6577 | -305.01K | -263.96M | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | 1.8M | -537.2K | -1.27M | - | - | -10.36M | 6577 | -305.01K | -263.96M | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 1.05M | - | - | - | - | - | 265K | 108.72K | - | 540K |
| netCashProvidedByFinancingActivities | 550K | 262.8K | -465.67K | 700K | 488.5K | -9.99M | 271.58K | -196.29K | -263.76M | 540K |