QUMSU
QUMSU
Quantumsphere Acquisition Corp. UnitsIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $0 | $178.72K ▼ | $562.38K ▲ | 0% | $0.09 ▲ | $-178.72K ▲ |
| Q3-2025 | $0 | $284.74K ▼ | $521.6K ▲ | 0% | $0.05 ▲ | $-284.74K ▲ |
| Q2-2025 | $0 | $596.98K ▲ | $-90.32K ▼ | 0% | $-0.01 | $-596.98K ▼ |
| Q1-2025 | $0 | $15.75K | $-15.46K | 0% | $-0.01 | $-15.46K |
What's going well?
The company cut operating expenses by over 30%, and net income and EPS both improved. Interest income continues to support the bottom line.
What's concerning?
There is still no revenue from actual business operations, and profits depend entirely on interest income. This is not a sustainable business model if interest income drops.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $187.91K ▼ | $85.2M ▲ | $3.59M ▲ | $81.61M ▲ |
| Q3-2025 | $281.17K ▼ | $84.5M ▲ | $3.45M ▲ | $81.05M ▲ |
| Q2-2025 | $444.82K ▲ | $83.89M ▲ | $3.36M ▲ | $80.53M ▲ |
| Q1-2025 | $7.56K ▼ | $213.52K ▼ | $220K ▼ | $-6.48K ▼ |
| Q4-2024 | $64.36K | $248.98K | $240K | $8.98K |
What's financially strong about this company?
The company has no debt at all and almost all its assets are in long-term investments, making it very low risk. Shareholder equity is strong and there are no hidden liabilities or goodwill risks.
What are the financial risks or weaknesses?
Cash is very limited compared to the company's size, which could be a problem if they need to cover unexpected expenses quickly. Retained earnings are negative, showing a history of losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $562.38K ▲ | $-93.27K ▲ | $0 | $0 ▼ | $-93.27K ▲ | $-93.27K ▲ |
| Q3-2025 | $521.6K ▲ | $-308.64K ▲ | $0 ▲ | $145K ▼ | $-163.65K ▼ | $-308.64K ▲ |
| Q2-2025 | $-90.32K ▼ | $-563.13K ▼ | $-82.8M ▼ | $83.8M ▲ | $437.26K ▲ | $-563.13K ▼ |
| Q1-2025 | $-15.46K | $17.6K | $0 | $-74.4K | $-56.8K | $17.6K |
What's strong about this company's cash flow?
Cash burn is shrinking, so the company is moving in the right direction. No debt means no interest payments or looming repayments.
What are the cash flow concerns?
Operations are still losing real cash, and the company relies on raising money from investors to survive. Cash on hand is low, and there’s no sign of self-sufficiency yet.
5-Year Trend Analysis
A comprehensive look at Quantumsphere Acquisition Corp. Units's financial evolution and strategic trajectory over the past five years.
QUMSU benefits from a very clean, low-debt balance sheet with substantial investment assets and limited liabilities, which reduces financial risk. It currently generates modest accounting profits from interest income, and its structure gives it flexibility to complete a strategic merger. The chosen target, SACH, brings a focused technology story around gamified marketing, Web3 integration, and online-to-offline engagement, supported by a dedicated platform and industry partnerships.
The most notable risk is that QUMSU has no operating business of its own and relies entirely on successfully closing and integrating the merger with SACH. Cash flows from operations are negative, and current earnings are driven by financial income that may not persist. On the SACH side, there are meaningful uncertainties around market adoption of blockchain-enabled marketing, regulatory developments, competitive pressure from large digital and gaming players, and the challenge of turning innovative concepts into stable, recurring revenue and cash flow.
In the near term, the outlook is dominated by transaction milestones: regulatory approvals, completion of the merger, and early integration steps. Over the medium to long term, the trajectory will depend on SACH’s execution—its ability to win and retain major brand clients, scale the OMMiii platform, launch successful games, and demonstrate that its Web3-centric approach can generate sustainable, cash-backed growth. The potential upside is balanced by high strategic and operational uncertainty typical of early-stage, innovation-led combinations.
About Quantumsphere Acquisition Corp. Units
https://www.quantumsphere.comQuantumsphere Acquisition Corp. Units (QUMSU) is a Special Purpose Acquisition Company (SPAC) established in the Cayman Islands in 2024. Operating as a "blank check" entity, its primary objective is to seek out and merge with an existing operating business. This target company is anticipated to have an enterprise value ranging from approximately $180 million to $1 billion.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $0 | $178.72K ▼ | $562.38K ▲ | 0% | $0.09 ▲ | $-178.72K ▲ |
| Q3-2025 | $0 | $284.74K ▼ | $521.6K ▲ | 0% | $0.05 ▲ | $-284.74K ▲ |
| Q2-2025 | $0 | $596.98K ▲ | $-90.32K ▼ | 0% | $-0.01 | $-596.98K ▼ |
| Q1-2025 | $0 | $15.75K | $-15.46K | 0% | $-0.01 | $-15.46K |
What's going well?
The company cut operating expenses by over 30%, and net income and EPS both improved. Interest income continues to support the bottom line.
What's concerning?
There is still no revenue from actual business operations, and profits depend entirely on interest income. This is not a sustainable business model if interest income drops.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $187.91K ▼ | $85.2M ▲ | $3.59M ▲ | $81.61M ▲ |
| Q3-2025 | $281.17K ▼ | $84.5M ▲ | $3.45M ▲ | $81.05M ▲ |
| Q2-2025 | $444.82K ▲ | $83.89M ▲ | $3.36M ▲ | $80.53M ▲ |
| Q1-2025 | $7.56K ▼ | $213.52K ▼ | $220K ▼ | $-6.48K ▼ |
| Q4-2024 | $64.36K | $248.98K | $240K | $8.98K |
What's financially strong about this company?
The company has no debt at all and almost all its assets are in long-term investments, making it very low risk. Shareholder equity is strong and there are no hidden liabilities or goodwill risks.
What are the financial risks or weaknesses?
Cash is very limited compared to the company's size, which could be a problem if they need to cover unexpected expenses quickly. Retained earnings are negative, showing a history of losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $562.38K ▲ | $-93.27K ▲ | $0 | $0 ▼ | $-93.27K ▲ | $-93.27K ▲ |
| Q3-2025 | $521.6K ▲ | $-308.64K ▲ | $0 ▲ | $145K ▼ | $-163.65K ▼ | $-308.64K ▲ |
| Q2-2025 | $-90.32K ▼ | $-563.13K ▼ | $-82.8M ▼ | $83.8M ▲ | $437.26K ▲ | $-563.13K ▼ |
| Q1-2025 | $-15.46K | $17.6K | $0 | $-74.4K | $-56.8K | $17.6K |
What's strong about this company's cash flow?
Cash burn is shrinking, so the company is moving in the right direction. No debt means no interest payments or looming repayments.
What are the cash flow concerns?
Operations are still losing real cash, and the company relies on raising money from investors to survive. Cash on hand is low, and there’s no sign of self-sufficiency yet.
5-Year Trend Analysis
A comprehensive look at Quantumsphere Acquisition Corp. Units's financial evolution and strategic trajectory over the past five years.
QUMSU benefits from a very clean, low-debt balance sheet with substantial investment assets and limited liabilities, which reduces financial risk. It currently generates modest accounting profits from interest income, and its structure gives it flexibility to complete a strategic merger. The chosen target, SACH, brings a focused technology story around gamified marketing, Web3 integration, and online-to-offline engagement, supported by a dedicated platform and industry partnerships.
The most notable risk is that QUMSU has no operating business of its own and relies entirely on successfully closing and integrating the merger with SACH. Cash flows from operations are negative, and current earnings are driven by financial income that may not persist. On the SACH side, there are meaningful uncertainties around market adoption of blockchain-enabled marketing, regulatory developments, competitive pressure from large digital and gaming players, and the challenge of turning innovative concepts into stable, recurring revenue and cash flow.
In the near term, the outlook is dominated by transaction milestones: regulatory approvals, completion of the merger, and early integration steps. Over the medium to long term, the trajectory will depend on SACH’s execution—its ability to win and retain major brand clients, scale the OMMiii platform, launch successful games, and demonstrate that its Web3-centric approach can generate sustainable, cash-backed growth. The potential upside is balanced by high strategic and operational uncertainty typical of early-stage, innovation-led combinations.

CEO
Ping Zhang
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+

