Insight Acquisition (US:INAQ)2026-03-31 20:30Financial Performance - Alpha Modus reported royalty revenue of $7,138 for the year ended December 31, 2025, compared to $0 in 2024[305]. - The company experienced a net loss of $8,021,235 for the year ended December 31, 2025, a decline from a net income of $4,103,067 in 2024[308]. - Total other expenses for 2025 amounted to $2,777,047, including $3,981,641 in interest expense, contrasting with total other income of $4,938,162 in 2024[307]. Operating Expenses - Operating expenses increased significantly to $5,251,326 in 2025 from $834,895 in 2024, primarily due to higher professional fees and consulting costs[306]. - Cash used in operations was $3,210,182 for the year ended December 31, 2025, compared to $1,676,499 in 2024[310]. Cash Reserves and Financing - As of December 31, 2025, Alpha Modus had cash reserves of $68,000 and indicated a need to raise at least $2,500,000 to support ongoing operations[309]. - The company had net cash provided by financing activities of $2,550,418 in 2025, slightly down from $2,664,610 in 2024[311]. Strategic Plans - Alpha Modus plans to enhance consumer in-store experiences through data-driven technologies, including smart planograms and inventory management solutions[298]. - The company is classified as an emerging growth company and intends to utilize the benefits of the JOBS Act for financial reporting[314]. Off-Balance Sheet Arrangements - Alpha Modus does not have any off-balance sheet arrangements that could materially affect its financial condition[304].