SSEAR - Starry Sea Acquisi... Stock Analysis | Stock Taper
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Starry Sea Acquisition Corp Rights

SSEAR

Starry Sea Acquisition Corp Rights NASDAQ
$0.20 0.00% (+0.00)

Market Cap $1.54 M
52w High $0.20
52w Low $0.20
P/E 0
Volume 200
Outstanding Shares 7.68M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $253.09K $70.39K 0% $0.02 $70.39K
Q2-2025 $0 $21.6K $-21.6K 0% $-0.02 $-21.6K

What's going well?

The company generated $323,479 in interest income, which turned a loss into a profit this quarter. There are no debt or tax burdens weighing on results.

What's concerning?

There is still no revenue, operating losses have exploded, and profit is entirely from non-operating sources. The sharp increase in share count means existing shareholders now own much less of the company.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $238.03K $58.41M $27.23K $58.38M
Q2-2025 $1K $280.14K $369.62K $-89.48K

What's financially strong about this company?

The company has no debt, a strong cash position, and a huge increase in shareholder equity. Its assets are high quality, with no risky goodwill or intangibles.

What are the financial risks or weaknesses?

Retained earnings are still negative, showing past losses. There is little information on revenue, receivables, or operating assets, so it's unclear how the business generates cash.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $70.39K $-575.63K $-57.5M $58.31M $237.03K $-575.63K
Q2-2025 $-21.6K $-1K $0 $2K $1K $-1K

What's strong about this company's cash flow?

The company was able to raise a large amount of cash from investors, boosting its cash position. Debt is low and being paid down, so there’s no reliance on borrowing.

What are the cash flow concerns?

Operations are burning through cash at a rapid pace, and the company is completely dependent on selling new shares to survive. Without more outside funding, the current cash won’t last long.