KCHVU
KCHVU
Kochav Defense Acquisition Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $202.11K ▼ | $2.08M ▼ | 0% | $0.06 ▼ | $-202.11K ▼ |
| Q3-2025 | $0 | $224.66K ▲ | $2.42M ▲ | 0% | $0.07 ▲ | $2.42M ▲ |
| Q2-2025 | $0 | $124.72K ▲ | $798.2K ▲ | 0% | $0.05 ▲ | $-124.72K ▼ |
| Q1-2025 | $0 | $21.76K | $-21.76K | 0% | $-0 | $-21.76K |
What's going well?
The company managed to reduce its operating loss slightly and cut its share count, which helps earnings per share. No debt or interest expense is a positive sign.
What's concerning?
There is no revenue at all, and profits are entirely from non-core, one-time items. The business is not generating sales or sustainable profits, and ongoing expenses without income are a major red flag.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $458.39K ▼ | $261.96M ▲ | $7.1M ▼ | $254.86M ▲ |
| Q3-2025 | $831.51K ▼ | $257.56M ▲ | $263.68M ▲ | $-6.12M ▼ |
| Q2-2025 | $927.01K ▲ | $255.06M ▲ | $7.04M ▲ | $248.02M ▲ |
| Q1-2025 | $0 | $65.45K | $57.19K | $8.26K |
What's financially strong about this company?
The company has no debt, so there is no risk of default from loans. Most assets are in long-term investments, and there are no hidden or unusual liabilities.
What are the financial risks or weaknesses?
Cash is low and falling, equity is negative and getting worse, and the company has a history of losses. The large share issuance signals possible financial trouble and dilution for shareholders.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $2.08M ▼ | $-251.49K ▼ | $0 | $0 ▼ | $-251.49K ▼ | $-251.49K ▼ |
| Q3-2025 | $2.42M ▲ | $-95.5K ▲ | $0 ▲ | $254.2M ▲ | $-95.5K ▼ | $-95.5K ▲ |
| Q2-2025 | $798.2K ▲ | $-272.98K ▼ | $-253M ▼ | $254.2M ▲ | $927.01K ▲ | $-272.98K ▼ |
| Q1-2025 | $-21.76K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
Net income is positive, suggesting the business is profitable on paper. No debt, so no interest burden.
What are the cash flow concerns?
Cash burn is rising, cash is running out, and large dividends are being paid despite negative cash flow. The company recently relied on stock sales to survive.
5-Year Trend Analysis
A comprehensive look at Kochav Defense Acquisition Corp.'s financial evolution and strategic trajectory over the past five years.
KCHVU benefits from a very clean, cash-rich and debt-free balance sheet, strong liquidity, and low fixed obligations. The SPAC structure gives it dedicated capital and a focused mandate to pursue a transaction in attractive, high-barrier sectors such as defense and cybersecurity.
The main risks stem from the absence of an operating business: no revenue, ongoing cash burn from overhead, and profits that currently rely on non-operating items. There is also execution risk around finding a high-quality target within required timelines in a competitive SPAC and private equity landscape, along with regulatory and geopolitical uncertainties in defense-related sectors.
The company’s future profile will depend almost entirely on the quality, valuation, and integration of the business it eventually acquires. Until a merger is announced and detailed, financial results are likely to remain dominated by cash management and administrative costs rather than operating performance, and overall visibility into long-term earnings, growth, and innovation remains limited.
About Kochav Defense Acquisition Corp.
https://www.kochavdefense.comKochav Defense Acquisition Corp. operates as a special purpose acquisition company (SPAC), established with the express goal of completing a significant business combination. This could encompass a merger, acquisition, share exchange, or corporate restructuring involving one or more entities. The company's strategic efforts will primarily target the defense and aerospace sectors.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $202.11K ▼ | $2.08M ▼ | 0% | $0.06 ▼ | $-202.11K ▼ |
| Q3-2025 | $0 | $224.66K ▲ | $2.42M ▲ | 0% | $0.07 ▲ | $2.42M ▲ |
| Q2-2025 | $0 | $124.72K ▲ | $798.2K ▲ | 0% | $0.05 ▲ | $-124.72K ▼ |
| Q1-2025 | $0 | $21.76K | $-21.76K | 0% | $-0 | $-21.76K |
What's going well?
The company managed to reduce its operating loss slightly and cut its share count, which helps earnings per share. No debt or interest expense is a positive sign.
What's concerning?
There is no revenue at all, and profits are entirely from non-core, one-time items. The business is not generating sales or sustainable profits, and ongoing expenses without income are a major red flag.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $458.39K ▼ | $261.96M ▲ | $7.1M ▼ | $254.86M ▲ |
| Q3-2025 | $831.51K ▼ | $257.56M ▲ | $263.68M ▲ | $-6.12M ▼ |
| Q2-2025 | $927.01K ▲ | $255.06M ▲ | $7.04M ▲ | $248.02M ▲ |
| Q1-2025 | $0 | $65.45K | $57.19K | $8.26K |
What's financially strong about this company?
The company has no debt, so there is no risk of default from loans. Most assets are in long-term investments, and there are no hidden or unusual liabilities.
What are the financial risks or weaknesses?
Cash is low and falling, equity is negative and getting worse, and the company has a history of losses. The large share issuance signals possible financial trouble and dilution for shareholders.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $2.08M ▼ | $-251.49K ▼ | $0 | $0 ▼ | $-251.49K ▼ | $-251.49K ▼ |
| Q3-2025 | $2.42M ▲ | $-95.5K ▲ | $0 ▲ | $254.2M ▲ | $-95.5K ▼ | $-95.5K ▲ |
| Q2-2025 | $798.2K ▲ | $-272.98K ▼ | $-253M ▼ | $254.2M ▲ | $927.01K ▲ | $-272.98K ▼ |
| Q1-2025 | $-21.76K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
Net income is positive, suggesting the business is profitable on paper. No debt, so no interest burden.
What are the cash flow concerns?
Cash burn is rising, cash is running out, and large dividends are being paid despite negative cash flow. The company recently relied on stock sales to survive.
5-Year Trend Analysis
A comprehensive look at Kochav Defense Acquisition Corp.'s financial evolution and strategic trajectory over the past five years.
KCHVU benefits from a very clean, cash-rich and debt-free balance sheet, strong liquidity, and low fixed obligations. The SPAC structure gives it dedicated capital and a focused mandate to pursue a transaction in attractive, high-barrier sectors such as defense and cybersecurity.
The main risks stem from the absence of an operating business: no revenue, ongoing cash burn from overhead, and profits that currently rely on non-operating items. There is also execution risk around finding a high-quality target within required timelines in a competitive SPAC and private equity landscape, along with regulatory and geopolitical uncertainties in defense-related sectors.
The company’s future profile will depend almost entirely on the quality, valuation, and integration of the business it eventually acquires. Until a merger is announced and detailed, financial results are likely to remain dominated by cash management and administrative costs rather than operating performance, and overall visibility into long-term earnings, growth, and innovation remains limited.
CEO
Menachem Shalom