T-REX Acquisition Corp. Reports Q2 2025 Results
Ticker: TRXA · Form: 10-Q · Filed: Feb 21, 2025 · CIK: 1437750
Sentiment: neutral
Topics: 10-Q, financials, acquisition
TL;DR
**T-REX Acquisition Corp. lost $18.2M in Q2 2025, but has $350M in assets.**
AI Summary
T-REX Acquisition Corp. filed its 10-Q for the period ending December 31, 2024. The company reported a net loss of $18,223,953 for the six months ended December 31, 2024. Key figures include total assets of $350,000,000 and total liabilities of $78,750. The filing also mentions a subsequent event related to Frank Horkey, CFO, on February 3, 2025.
Why It Matters
This filing provides insight into T-REX Acquisition Corp.'s financial performance and operational status for the second quarter of fiscal year 2025, impacting investor understanding of its current financial health.
Risk Assessment
Risk Level: medium — The company reported a significant net loss, indicating potential financial instability or high operational costs.
Key Numbers
- $350.0B — Total Assets (As of December 31, 2024)
- $18.2M — Net Loss (For the six months ended December 31, 2024)
- $78.8K — Total Liabilities (As of December 31, 2024)
Key Players & Entities
- T-REX Acquisition Corp. (company) — Filer
- 0001437750 (company) — Central Index Key
- 20241231 (date) — Period of Report
- $18,223,953 (dollar_amount) — Net Loss for the six months ended December 31, 2024
- $350,000,000 (dollar_amount) — Total Assets
- $78,750 (dollar_amount) — Total Liabilities
- Frank Horkey (person) — Chief Financial Officer
- 2025-02-03 (date) — Subsequent Event Date
FAQ
What was T-REX Acquisition Corp.'s net loss for the six months ended December 31, 2024?
T-REX Acquisition Corp. reported a net loss of $18,223,953 for the six months ended December 31, 2024.
What were the total assets of T-REX Acquisition Corp. as of December 31, 2024?
The total assets of T-REX Acquisition Corp. as of December 31, 2024, were $350,000,000.
What were the total liabilities of T-REX Acquisition Corp. as of December 31, 2024?
The total liabilities of T-REX Acquisition Corp. as of December 31, 2024, were $78,750.
Who is identified as the Chief Financial Officer in relation to a subsequent event?
Frank Horkey, the Chief Financial Officer, is mentioned in relation to a subsequent event on February 3, 2025.
What is the fiscal year end for T-REX Acquisition Corp.?
The fiscal year end for T-REX Acquisition Corp. is June 30.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on February 21, 2025 by Frank Horkey regarding T-REX Acquisition Corp. (TRXA).