Short answer
AST SpaceMobile Inc (ASTS) filed its Q3 2019 10-Q quarterly report on Nov 8, 2019 for the quarter ended Sep 30, 2019.
Q3 2019 key financials · XBRL
- EPS (diluted)
- $17600000.00
Source: XBRL data from the AST SpaceMobile Inc (ASTS) Q3 2019 10-Q on SEC EDGAR. USD.
AST SpaceMobile Inc Q3 2019 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $0, with no operations or operating revenue since inception
- Net income $87,761 for the quarter, including $165,606 interest income and $39,814 unrealized gains
- Trust Account $230.2M, including approximately $205,000 interest and unrealized gains
- Operating cash used $208,689 since inception, with $705,384 cash outside the Trust Account
- Near-term focus: identify and complete a Business Combination, with potential additional financing needs
Risk Factors
- No material risk-factor update: filing provides no substantive Item 1A risk discussion beyond the section heading
- Business-combination failure: $230,000,000 Trust Account subject to redemption if no transaction by March 31, 2021
- Regulatory compliance: warrant exercise requires an effective Securities Act registration statement or exemption
- Operational execution: no operations or revenue before a Business Combination, with no assurance of successful completion
- Liquidity concentration: only $705,384 cash outside the Trust Account for working capital purposes
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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