Chase Packaging Corp. Q1 2025: $6.9M Assets, $497K Net Income
Ticker: WHLT · Form: 10-Q · Filed: May 13, 2025 · CIK: 1025771
| Field | Detail |
|---|---|
| Company | Chase Packaging Corp (WHLT) |
| Form Type | 10-Q |
| Filed Date | May 13, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: quarterly-report, financials, assets, income
TL;DR
**Chase Packaging Q1 2025: $6.9M assets, $497K profit. Solid quarter.**
AI Summary
Chase Packaging Corp. filed its 10-Q for the period ending March 31, 2025. The filing indicates a total of $6.909 million in assets, with $6.238 million in cash and cash equivalents. The company reported $497,587 in net income for the quarter. The filing also details fair value measurements for various assets, including money market funds and U.S. Treasury securities.
Why It Matters
This filing provides a snapshot of Chase Packaging Corp.'s financial health and performance for the first quarter of 2025, including its asset base and profitability.
Risk Assessment
Risk Level: low — The filing appears to be a standard quarterly report with no immediate red flags or significant negative financial events disclosed.
Key Numbers
- $6.909M — Total Assets (Represents the company's total resources as of March 31, 2025.)
- $6.238M — Cash and Cash Equivalents (Indicates the company's readily available funds.)
- $497,587 — Net Income (Shows the company's profitability for the first quarter of 2025.)
Key Players & Entities
- CHASE PACKAGING CORP (company) — Filer
- 2025-03-31 (date) — Reporting Period End Date
- $6.909 million (dollar_amount) — Total Assets
- $6.238 million (dollar_amount) — Cash and Cash Equivalents
- $497,587 (dollar_amount) — Net Income
FAQ
What was Chase Packaging Corp.'s net income for the first quarter of 2025?
Chase Packaging Corp. reported a net income of $497,587 for the quarter ended March 31, 2025.
What were the total assets of Chase Packaging Corp. as of March 31, 2025?
The total assets of Chase Packaging Corp. as of March 31, 2025, were $6,909,000.
How much cash and cash equivalents did Chase Packaging Corp. have at the end of Q1 2025?
Chase Packaging Corp. had $6,237,975.90 in cash and cash equivalents as of March 31, 2025.
What is the fiscal year end for Chase Packaging Corp.?
Chase Packaging Corp.'s fiscal year ends on December 31.
What types of investments are detailed in the fair value measurements for Chase Packaging Corp.?
The filing details fair value measurements for Money Market Funds and U.S. Treasury Securities.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 13, 2025 regarding CHASE PACKAGING CORP (WHLT).