Name | Value |
---|---|
Revenues | 58.5M |
Cost of Revenue | 45.9M |
Gross Profit | 12.6M |
Operating Expense | 26.3M |
Operating I/L | -13.7M |
Other Income/Expense | -66.6M |
Interest Income | 0.0M |
Pretax | -80.4M |
Income Tax Expense | -0.1M |
Net Income/Loss | -55.5M |
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.