Embrace Change Acquisition Corp. (EMCGF)

EMCGF Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.01	0.07	0.01	0.4	0
Cash & Short-Term Investments	0.01	0.07	0.01	0.4	0
Cash Growth	-58.39%	1161.96%	-98.68%	8657.32%	-
Other Receivables	-	-	-	0	-
Receivables	-	-	-	0	-
Other Current Assets	-	-	-	-	0.16
Total Current Assets	0.03	0.07	0.01	0.4	0.17
Other Long-Term Assets	27.47	26.09	56.23	76.54	-
Total Assets	27.5	26.15	56.24	76.94	0.17
Accounts Payable	1.71	1.1	1.08	-	-
Accrued Expenses	-	-	-	0.16	-
Short-Term Debt	2.73	1.82	0.45	-	0.15
Total Current Liabilities	30.71	2.92	1.53	0.16	0.15
Other Long-Term Liabilities	4.16	29.05	58.82	79.13	-
Total Liabilities	34.87	31.98	60.35	79.29	0.15
Common Stock	0	0	0	0	0
Additional Paid-In Capital	-	-	-	-	0.02
Retained Earnings	-7.38	-5.82	-4.11	-2.34	-0
Shareholders' Equity	-7.38	-5.82	-4.11	-2.34	0.02
Total Liabilities & Equity	27.5	26.15	56.24	76.94	0.17
Total Debt	2.73	1.82	0.45	-	0.15
Net Cash (Debt)	-2.72	-1.76	-0.45	0.4	-0.14
Net Cash Per Share	-0.64	-0.28	-0.05	0.08	-0.08
Filing Date Shares Outstanding	2.42	4.52	7.42	9.69	1.88
Total Common Shares Outstanding	2.42	4.52	7.42	9.69	1.88
Working Capital	-30.68	-2.86	-1.53	0.25	0.02
Book Value Per Share	-3.04	-1.29	-0.55	-0.24	0.01
Tangible Book Value	-7.38	-5.82	-4.11	-2.34	0.02
Tangible Book Value Per Share	-3.04	-1.29	-0.55	-0.24	0.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.