Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Operating income | — | -$576K | -$916K |
| Net income | — | $1.92M | $1.33M |
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Operating cash flow | — | -$554K | -$650K |
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Cash & equivalents | $0.00 | $0.00 | $0.00 |
| Total assets | $263K | $72.1M | $23.9M |
| Total liabilities | $257K | $2.49M | $3.90M |
| Shareholders' equity | $6.15K | -$2.17M | -$3.85M |
| Retained earnings | -$18.9K | -$2.17M | -$3.85M |
Every figure is extracted from Black Hawk Acquisition Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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