Western Acquisition Ventures Corp
For the period ended Dec 31, 2023. Filed Apr 26, 2024.
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FY2023 · Filed Apr 26, 2024
CYCU$2.47+3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations
| | | | | | | |
|---|---|---|---|---|---|---|
| · · For the Years Ended December 31, | ||||||
| · 2023 · 2022 | ||||||
| OPERATING EXPENSES · · · · · | ||||||
| Professional fees and other expenses | | $1,077,427 | | $1,853,300 | ||
| Franchise tax | | | 21,297 | | | 163,296 |
| LOSS FROM OPERATIONS | | | (1,098,724) | | | (2,016,596) |
| | | | | | | |
| Other (expense) income: | | | | | | |
| Interest earned on marketable securities held in Trust Account | | | 372,050 | | | 1,566,410 |
| Change in fair value of forward purchase agreement | | | (235,095) | | | — |
| TOTAL LOSS BEFORE INCOME TAXES | | | (961,769) | | | (450,186) |
| Income Tax Expense | | | (72,824) | | | (250,739) |
| NET LOSS | | $(1,034,593) | | $(700,925) | ||
| Weighted average shares outstanding of Common Stock subject to possible redemption | | 842,606 | | | 11,058,904 | |
| Basic and diluted net loss per share, Common Stock subject to possible redemption | | $(0.25) | | $(0.05) | ||
| Weighted average shares outstanding of Common Stock not subject to possible redemption | | | 3,251,000 | | | 3,236,578 |
| Basic and diluted net loss per share, Common Stock not subject to possible redemption | | $(0.25) | | $(0.05) | ||
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