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Willow Lane Acquisition Corp. (WLAC) reported a net income of $3.4 million for fiscal year 2025, driven primarily by $5.5 million in total other income, which consisted of $5.4 million in interest earned on investments in the Trust Account and $36,000 in interest earned on cash in the bank account. This was offset by a loss from operations of -$2.0 million, resulting from general and administrative costs of $2.0 million. The company's total assets stood at $133.0 million, largely comprised of $132.6 million in investments in the Trust Account. Total liabilities were $5.4 million, while shareholders' deficit was -$4.9 million. Cash flow from operations was -$1.0 million, with net cash provided by financing activities of $128.7 million, primarily from the sale of units and private placement warrants. The company's performance reflects its status as a special purpose acquisition company (SPAC), with significant funds held in trust for future business combination activities.
EPS
$0
Net Income
$3.4M
Operating Income
-$2.0M