Name | Value |
---|---|
Revenues | 18.2M |
Cost of Revenue | 23.1M |
Gross Profit | -4.9M |
Operating Expense | 9.1M |
Operating I/L | -14.0M |
Other Income/Expense | -6.3M |
Interest Income | 0.0M |
Pretax | -20.2M |
Income Tax Expense | 3.2M |
Net Income/Loss | -23.4M |
Inflection Point Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), it seeks to identify and acquire a target company to create value for its shareholders through a strategic business combination. The company generates revenue through the process of identifying, negotiating, and completing a business combination with a target company, allowing it to benefit from the future success and growth of the combined entity.