Southport Acquisition Corp financial data

Symbol
PORT, PORTU, PORTW on OTC
Location
1745 Grand Ave, Del Mar, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 12.9 % -62.1%
Debt-to-equity -107 % +24.8%
Return On Equity 80.8 % +678%
Return On Assets -158 % -13252%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -1.31M USD +23.5%
Nonoperating Income (Expense) -1.21M USD -623%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.39M USD -19246%
Income Tax Expense (Benefit) 176K USD -79.6%
Net Income (Loss) Attributable to Parent -6.52M USD -1734%

Balance Sheet

Label TTM Value / Value Unit Change %
Assets, Current 412K USD -33.7%
Assets 850K USD -93.6%
Accounts Payable, Current 297K USD +36.5%
Liabilities, Current 4.78M USD +27.9%
Liabilities 10.6M USD +152%
Retained Earnings (Accumulated Deficit) -10.9M USD -157%
Stockholders' Equity Attributable to Parent -10.2M USD -184%
Liabilities and Equity 850K USD -93.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -342K USD +82.8%
Net Cash Provided by (Used in) Financing Activities 204K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 329K USD -33%
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%
Additional Paid in Capital 705K USD +9.19%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 449 USD -99.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%