JENA-UN
JENA-UN
Jena Acquisition Corporation IIIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $132.13K ▼ | $2.29M ▲ | 0% | $0.08 ▲ | $0 ▲ |
| Q2-2025 | $0 | $7M ▲ | $-6.24M ▼ | 0% | $-0.47 ▼ | $-7M ▼ |
| Q1-2025 | $0 | $33.08K | $-33.08K | 0% | $-0.01 | $0 |
What's going well?
The company managed to report a profit after a big loss last quarter. Operating losses have shrunk dramatically, which could mean cost control is improving.
What's concerning?
There is still no revenue, and the profit came only from a one-time gain. Overhead is rising, and the share count jumped, diluting shareholders.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $1.19M ▲ | $232.24M ▲ | $13.93M ▲ | $218.32M ▲ |
| Q1-2025 | $0 | $50.97K | $59.05K | $-8.08K |
What's financially strong about this company?
They have zero debt, a big cash cushion, and almost all assets are high-quality investments. The balance sheet is very clean, with no hidden risks or complex liabilities.
What are the financial risks or weaknesses?
Retained earnings are still negative, showing past losses. The company has no property or operating assets, so future profits depend on how well they use their investments.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-6.24M ▼ | $-347.62K ▼ | $-230M ▼ | $231.53M ▲ | $1.19M ▲ | $-347.62K ▼ |
| Q1-2025 | $-33.08K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
The company was able to raise a large amount of cash ($232M) through stock sales. Working capital changes provided a temporary cash boost.
What are the cash flow concerns?
Core operations are burning cash, and the company depends on selling new shares to survive. The cash balance is low, and dilution for shareholders is significant.
About Jena Acquisition Corporation II
Jena Acquisition Corp. II operates as a blank check company. The company was founded by William P. Foley, II and Richard N. Massey on February 24, 2025 and is headquartered in Las Vegas, NV.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $132.13K ▼ | $2.29M ▲ | 0% | $0.08 ▲ | $0 ▲ |
| Q2-2025 | $0 | $7M ▲ | $-6.24M ▼ | 0% | $-0.47 ▼ | $-7M ▼ |
| Q1-2025 | $0 | $33.08K | $-33.08K | 0% | $-0.01 | $0 |
What's going well?
The company managed to report a profit after a big loss last quarter. Operating losses have shrunk dramatically, which could mean cost control is improving.
What's concerning?
There is still no revenue, and the profit came only from a one-time gain. Overhead is rising, and the share count jumped, diluting shareholders.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $1.19M ▲ | $232.24M ▲ | $13.93M ▲ | $218.32M ▲ |
| Q1-2025 | $0 | $50.97K | $59.05K | $-8.08K |
What's financially strong about this company?
They have zero debt, a big cash cushion, and almost all assets are high-quality investments. The balance sheet is very clean, with no hidden risks or complex liabilities.
What are the financial risks or weaknesses?
Retained earnings are still negative, showing past losses. The company has no property or operating assets, so future profits depend on how well they use their investments.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-6.24M ▼ | $-347.62K ▼ | $-230M ▼ | $231.53M ▲ | $1.19M ▲ | $-347.62K ▼ |
| Q1-2025 | $-33.08K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
The company was able to raise a large amount of cash ($232M) through stock sales. Working capital changes provided a temporary cash boost.
What are the cash flow concerns?
Core operations are burning cash, and the company depends on selling new shares to survive. The cash balance is low, and dilution for shareholders is significant.
CEO
Richard N. Massey