Horizon Space Acquisition I Corp.
HSPOFOTCFinancials · Blank Checks · E9 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | −$576,374 | −$1.1M | −$560,155 | −$137,311 |
| Net income | $203,618 | $2.1M | $2.9M | −$123,960 |
| Total assets | $1.2M | $21.3M | $68.2M | $70.9M |
| Total liabilities | $6.1M | $4.4M | $2.8M | $2.4M |
| Equity | −$6.0M | −$4.4M | −$2.5M | −$1.7M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 4.2M | 8.6M | 9.2M | 2.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −3.4%
- Return on assets
- 16.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 495.4%
- Debt / equity
- —
- Book value / share
- $-1.45
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −90.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -39.56distress
- Accruals / assets
- 64.2%high accruals
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 3 warning● 0 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 210 | 7.8 | 0.0% |
| Apr 30, 2026 | 210 | 2.1 | 0.0% |
| Apr 15, 2026 | 210 | 1.0 | 0.0% |
| Mar 31, 2026 | 210 | 1.0 | -25.5% |
| Mar 13, 2026 | 282 | 1.0 | -41.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Amended charter or bylaws · Shareholder vote · Other material eventApr 23, 2026
- Other material eventApr 6, 2026
- Changed auditorJan 28, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleJan 27, 2026
- Delisting / listing-standard noticeDec 11, 2025
- Entered a material agreement · Amended charter or bylaws · Shareholder vote · Other material eventOct 29, 2025
- Entered a material agreement · Terminated a material agreement · New financial obligation · Unregistered equity saleOct 3, 2025
- Entered a material agreement · New financial obligationAug 27, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QFORM 10-QMay 15, 2026
- 8-KFORM 8-KApr 23, 2026
- 10-KFORM 10-KApr 15, 2026
- DEFA14AApr 6, 2026
- 8-KFORM 8-KApr 6, 2026
- DEF 14AApr 2, 2026
- NT 10-KMar 31, 2026
- PRE 14AMar 23, 2026
- SCHEDULE 13G/AFeb 13, 2026
- SCHEDULE 13G/AFeb 13, 2026
- SCHEDULE 13G/AFeb 12, 2026
- 8-KFORM 8-KJan 28, 2026
- 8-KFORM 8-KJan 27, 2026
- 25FORM 25Dec 12, 2025
- 8-KFORM 8-KDec 11, 2025