TACHMEDIUM SIGNALFINANCIAL10-Q

TACH's cash position declined from $951K to $860K between quarters while current liabilities increased substantially, though the company maintains it has not yet commenced operations.

The company is consuming cash in pre-operational phases while building up liabilities, creating a concerning trend for a business that hasn't started generating revenue. The shift from discussing "net loss" to "net income (loss)" in the language suggests potential variability in earnings, though this may simply reflect standard reporting language rather than actual profitability.

Comparing 2025-11-13 vs 2025-08-18View on EDGAR →
FINANCIAL ANALYSIS

TACH's balance sheet shows deteriorating liquidity with cash declining 30% to $504K and current assets falling 26% to $613K, while current liabilities grew substantially to $1.1M. Despite these pressures, working capital improved from a $549K deficit to a $938K surplus, indicating the company may have raised capital or restructured obligations. The overall picture suggests a pre-revenue company managing through its funding lifecycle but facing increasing cash burn rates.

FINANCIAL STATEMENT CHANGES
Current Liabilities
Balance Sheet
+62.1%
$698K→$1.1M

Current liabilities surged 62.1% — significant near-term obligations; verify ability to meet short-term debt.

Cash & Equivalents
Balance Sheet
-30%
$720K→$504K

Cash declined 30% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Current Assets
Balance Sheet
-26.1%
$829K→$613K

Current assets declined 26.1% — monitor working capital adequacy and short-term liquidity.

LANGUAGE CHANGES
NEW — 2025-11-13
PRIOR — 2025-08-18
ADDED
As of September 30, 2025, the Company had not yet commenced operations.
Liquidity and Capital Sources As of September 30, 2025 and December 31, 2024, the Company had cash balances of $ 859,596 and $ 25,000 , respectively.
The working capital was a surplus of $ 937,584 as of September 30, 2025, and a deficit of $ 548,570 as of December 31, 2024, excluding deferred offering costs.
Net Income (Loss) per Ordinary Share Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period.
As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the periods presented.
+7 more — sign up free →
REMOVED
As of June 30, 2025, the Company had not yet commenced operations.
Liquidity and Capital Sources As of June 30, 2025, and December 31, 2024, the Company had cash balances of $ 951,408 and $ 25,000 , respectively.
The working capital was a surplus of $ 1,060,324 as of June 30, 2025, and a deficit of $ 548,570 as of December 31, 2024, excluding deferred offering costs.
Net Loss per Ordinary Share Net loss per ordinary share is computed by dividing net loss by the weighted average number of ordinary shares outstanding during the period.
As a result, diluted net loss per ordinary share is the same as basic net loss per ordinary share for the periods presented.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →