BYNO · byNordic Acquisition Corp · Financials
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that (i) uncertainty with respect to the Company's ability to obtain the cash needed to fund professional fees and other expenses related to its target search activities, SEC reports, tax returns, trust and stock transfer administration and other business and corporate activities, and trust deposits required for further extensions to the Combination Period, and (ii) the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business Combination by the end of the Combination Period, raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $120K | $120K | $120K | $120K | $107.5K | — | — | |
| -$1.44M | -$1.06M | -$1.45M | -$1.49M | -$1.11M | -$66.29K | — | |
| $243.27K | $398.34K | $1.56M | $6.15M | $2.75M | — | — | |
| $7.57M | — | — | — | $2.75M | — | — | |
| -$1.19M | -$660.07K | $106.08K | $4.66M | $1.69M | -$66.29K | — | |
| $49.47K | $71.47K | $312.61K | $1.25M | $533.35K | — | — | |
| -$1.24M | -$731.54K | -$206.54K | $3.41M | $1.16M | -$66.29K | -$223 | |
| shares | — | — | — | — | — | 5.75M | 5.75M |
| shares | — | — | — | — | — | 5.75M | 5.75M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2025: $182.1M in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current portion of convertible notes payable | 2024-06-30 | USD 625,000 | 10-Q filed 2024-08-19 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 137 similar-size Shell Companies companies (of 150 listed).