Astra Energy Files 10-Q: Assets Near $75M, Liabilities High
Ticker: ASRE · Form: 10-Q · Filed: Apr 22, 2025 · CIK: 1231339
| Field | Detail |
|---|---|
| Company | Astra Energy, Inc. (ASRE) |
| Form Type | 10-Q |
| Filed Date | Apr 22, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, preferred-stock, balance-sheet
TL;DR
Astra Energy's 10-Q shows assets at $74.9M vs liabilities at $72.8M. Tight situation.
AI Summary
Astra Energy, Inc. filed a 10-Q for the period ending February 28, 2025. The company reported total assets of $74.9 million and total liabilities of $72.8 million. Net revenue for the period was not explicitly stated but the filing indicates a significant amount of preferred stock, including Series B and Series A convertible preferred stock.
Why It Matters
This filing provides a snapshot of Astra Energy's financial health, highlighting a narrow margin between assets and liabilities, which could impact its operational flexibility and future investments.
Risk Assessment
Risk Level: medium — The company has a significant amount of preferred stock and a narrow gap between total assets and total liabilities, indicating potential financial strain.
Key Numbers
- $74.9B — Total Assets (As of February 28, 2025, indicating the company's total resources.)
- $72.8B — Total Liabilities (As of February 28, 2025, showing the company's total obligations.)
- $0.001 — Net Revenue (Indicates minimal or zero reported net revenue for the period.)
Key Players & Entities
- Astra Energy, Inc. (company) — Filer of the 10-Q
- February 28, 2025 (date) — End of reporting period
- $74.9 million (dollar_amount) — Total assets
- $72.8 million (dollar_amount) — Total liabilities
- Series B Preferred Stock (company) — Type of preferred stock mentioned
- Series A Convertible Preferred Stock (company) — Type of preferred stock mentioned
FAQ
What is the net revenue for Astra Energy, Inc. for the period ending February 28, 2025?
The filing indicates a value of $0.001 for net revenue, suggesting it is negligible or not significantly reported in this excerpt.
What is the total amount of preferred stock outstanding for Astra Energy, Inc. as of February 28, 2025?
While specific dollar amounts for preferred stock are not detailed in this excerpt, the filing mentions 'us-gaap:SeriesBPreferredStockMember' and 'asre:SeriesAConvertiblePreferredMember', indicating their presence.
What was Astra Energy, Inc.'s fiscal year end date?
Astra Energy, Inc.'s fiscal year end date is August 31st.
What is the difference between Astra Energy's total assets and total liabilities as of February 28, 2025?
The difference is approximately $2.1 million ($74.9 million in assets - $72.8 million in liabilities).
What were Astra Energy's previous company names?
Astra Energy, Inc. was formerly known as OCEAN SMART, INC., EDGEWATER FOODS INTERNATIONAL, INC., and HERITAGE MANAGEMENT INC.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 22, 2025 regarding Astra Energy, Inc. (ASRE).