Revenue
2024
2025
| 2025 | 2024 | |
|---|---|---|
| Revenue | $0 | $0 |
| Operating expenses | $1.1M | $48,541 |
| Operating income | −$1.1M | −$48,541 |
| EBITDA | −$1.1M | −$48,541 |
| Net income | $4.7M | −$48,541 |
| Basic EPSper basic share | $0.23 | -$0.00 |
| Diluted EPSper diluted share | $0.23 | -$0.00 |
Reported shareholders
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Nov 25, 2025Form 4 | Hernandez JosephChief Executive Officer | SellClass A ordinary shares · indirect | 430.0K | — | — | 430.0K |
| Nov 25, 2025Form 4 | Blue Water Acquisition III LLCTenPercentOwner | SellClass A ordinary shares | 430.0K | — | — | 430.0K |
| Jun 11, 2025Form 4 | Blue Water Acquisition III LLCTenPercentOwner | BuyClass A ordinary shares | 430.0K | — | — | 430.0K |
| Jun 11, 2025Form 4 | Blue Water Acquisition III LLCTenPercentOwner | BuyWarrants to purchase Class A ordinary shares · derivative | 215.0K | — | — | 215.0K |
| Jun 11, 2025Form 4 | Hernandez JosephChief Executive Officer | BuyClass A ordinary shares · indirect | 430.0K | — | — | 430.0K |