Southport Acquisition Corp financial data

Symbol
PORT, PORTU, PORTW on OTC
Industry
Services-Motion Picture & Video Tape Production
Location
1745 Grand Ave, Del Mar, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Apr 15, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 16.4 % +580%
Debt-to-equity -113 % +93.2%
Return On Equity 102 %
Return On Assets -49.6 % -2724%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 58.4M USD -33.5%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -1.59M USD +4.98%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.95M USD -222%
Income Tax Expense (Benefit) 152K USD -88.4%
Net Income (Loss) Attributable to Parent -5.11M USD -287%

Balance Sheet

Label TTM Value / Value Unit Change %
Assets, Current 626K USD -71.2%
Assets 1.06M USD -97.7%
Accounts Payable, Current 205K USD +106%
Accrued Liabilities, Current 544K USD -74.7%
Liabilities, Current 4.49M USD -9.87%
Liabilities 9.13M USD +64.1%
Retained Earnings (Accumulated Deficit) -9.22M USD -122%
Stockholders' Equity Attributable to Parent -8.5M USD -151%
Liabilities and Equity 1.06M USD -97.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.99M USD -226%
Net Cash Provided by (Used in) Financing Activities -32M USD
Net Cash Provided by (Used in) Investing Activities 32.3M USD
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 495K USD -77.2%
Deferred Tax Assets, Valuation Allowance 1.33M USD +54.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.33M USD +45.3%
Deferred Tax Assets, Operating Loss Carryforwards 56.5K USD +41.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 714K USD -6.17%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 449 USD -99.2%
Interest Expense 136K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%