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DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS - Transition Period Comparative Data - Statements of consolidated Net Income (loss) (Details) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2025
Jun. 30, 2025
REVENUES            
Commissions $ 1,750,159   $ 2,679,673     $ 5,937,532
Vetting fees 340,050   499,125     1,459,321
Clearing fees 624,550   756,393     3,165,714
Net gain/(loss) on firm trading accounts 6,390   10,046     6,580
Other revenue 9,650   56,246     287,465
TOTAL REVENUES 2,730,799   4,001,483     10,856,612
EXPENSES            
Compensation, payroll taxes and benefits 1,355,058   2,386,837     6,150,257
Data processing and clearing costs 843,824   1,299,527     2,104,107
Regulatory, professional fees and related expenses 112,216   11,649,470     4,137,631
Stock compensation - founder share transfer     1,462,650      
Communications 172,018   254,608     650,560
Occupancy and equipment 54,765   76,324     211,347
Transfer fees 54,807   75,425     210,423
Bank charges 52,077   88,253     223,938
Intangible assets amortization 337,911   791,375     1,362,446
Other 147,042   185,840     324,358
Other operating and formation cost   $ 577,313   $ 1,485,122    
TOTAL EXPENSES 3,129,718 577,313 18,270,309 1,485,122   15,773,893
LOSS FROM OPERATIONS (398,919) (577,313) (14,268,826) (1,485,122)   (4,917,281)
OTHER INCOME/(EXPENSE)            
Interest income 587,637 8,458 1,195,081 8,458   1,996,399
Interest earned on marketable securities held in Trust Account   727,468 256,279 2,028,921    
Gain on sale of assets 146,706   146,706      
Net gain on settlement   829,853 146,706 829,853    
Loss on AtlasClear asset acquisition (17,845,813)   (86,392,769)      
Change in fair value, warrant liability derivative 307,656 (184,594)   (123,062)   184,594
Change in fair value, convertible note derivative (992,152)   (3,585,902)     3,990,385
Change in fair value, long-term and short-term note derivative (3,101,057)   (11,208,055)     12,369,120
Change in fair value, non-redemption agreement     (164,626)      
Change in fair value, contingent guarantee (3,256,863)   (3,256,863)   $ (839,775) (839,775)
Change in fair value, earnout liability (1,115,000)   (1,335,000)     929,000
Change in fair value, subscription agreement (4,413,946)   (38,796)     (64,298)
Extinguishment of stock payable 985,072   985,072      
Extinguishment of accrued expenses 114,199   879,473      
Interest expense (3,210,786)   (3,732,178)     (8,081,938)
TOTAL OTHER INCOME/(EXPENSE) (31,794,347) 1,381,185 (106,507,857) 2,744,170   10,408,193
NET INCOME/(LOSS) BEFORE INCOME TAXES (32,193,266) 803,872 (120,776,683) 1,259,048   5,490,912
Provision for income taxes 563,736 (318,313) 569,736 (581,118)   259,381
NET INCOME/(LOSS) $ (31,629,530) $ 485,559 $ (120,206,947) $ 677,930   $ 5,750,293