EWAV East West Ave Acquisition Corp.
AI brief AI-written, not reviewed by a person
Latest filings show a mix of liquidity and profitability signals with pressure on near-term cash flow; for the period ended 2026-08-31, net income turned positive (3 months to 2026-08-31: 136,744 USD) after prior quarters showing losses, while stockholders’ equity improved to 735,404 USD at 2026-08-31 from negative values earlier in 2026. Total assets as of 2026-08-31 stood at 101,559,432 USD, with total liabilities of 37,519 USD, yielding a large net asset position; however, the most recent period shows negative operating cash flow (-53,461 USD for the quarter to 2026-05-31) and negative operating income (-118,345 USD for the quarter to 2026-08-31), indicating ongoing cash burn despite narrowed losses. Shares outstanding increased dramatically in the latest filing window, rising to 10,407,817 shares as of 2026-10-15 from 13,222,500 shares on 2026-08-05, reflecting a potential share consolidation or adjustments not explained in the provided extracts.
- Net income for the 3 months to 2026-08-31 was 136,744 USD, marking a positive swing from the 3 months to 2026-05-31 (-13,455 USD) and 2026-02-28 (-5,090 USD). [1]
- Stockholders’ equity stood at 735,404 USD at 2026-08-31, after listing -2,107 USD at 2026-05-31, 11,348 USD at 2026-02-28, and 11,438 USD at 2025-11-30. [1]
- Total assets reached 101,559,432 USD at 2026-08-31, continuing a pattern of large asset value relative to liabilities, with total liabilities at 37,519 USD at the same date. [1][2]
- Operating cash flow for the 3 months to 2026-05-31 was -53,461 USD, signaling negative cash generation in that quarter. [1]
- Operating income for the 3 months to 2026-08-31 was -118,345 USD, indicating continued quarterly loss from operations despite the net income improvement in the same period. [1]
- Shares outstanding totaled 10,407,817 as of 2026-10-15, down from 13,222,500 on 2026-08-05, suggesting a share count change within the period covered. [1]
Written by OpenVibe.AI from the SEC numbers and filings on this page, not reviewed by a person. Informational only; not investment advice. Written from figures and filings up to (gpt-5-nano-2025-08-07).
What the sources did not support
- No explicit revenue figures were provided in the sources.
- No cash flow detail beyond quarterly figures; no full-year view or reconciliation data is provided.
- The reason for the large change in shares outstanding between 2026-08-05 and 2026-10-15 is not described in the sources.
Observations
| Metric | Value | Observed | Source | Retrieved | Freshness |
|---|---|---|---|---|---|
| Net income (quarter) (3 months to 2026-08-31) | 136,744 USD | sec-companyfacts | current | ||
| Operating income (quarter) (3 months to 2026-08-31) | -118,345 USD | sec-companyfacts | current | ||
| Diluted EPS (quarter) (3 months to 2026-05-31) | -0.005 USD/shares | sec-companyfacts | current | ||
| Operating cash flow (quarter) (3 months to 2026-05-31) | -53,461 USD | sec-companyfacts | current | ||
| Total assets (at 2026-08-31) | 101,559,432 USD | sec-companyfacts | current | ||
| Total liabilities (at 2026-08-31) | 37,519 USD | sec-companyfacts | current | ||
| Stockholders' equity (at 2026-08-31) | 735,404 USD | sec-companyfacts | current | ||
| Long-term debt (at 2025-11-30) | 158,562 USD | sec-companyfacts | current | ||
| Shares outstanding (at 2026-10-15) | 10,407,817 shares | sec-companyfacts | current |
Context
No reviewed context has been published for EWAV. The observations and documents below are shown as their sources stated them.
Documents
Source freshness
| Source | Freshness | Last successful fetch | Stale after | Sources reports |
|---|---|---|---|---|
| SEC EDGAR: company financial facts (XBRL) sec-companyfacts | current | 10080 min | ok | |
| SEC EDGAR: latest XBRL filings sec-xbrl-filings | current | 45 min | healthy |
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Machine-readable: EWAV.json (the same data with every timestamp and source).
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