The company has generated zero revenue across all historical periods, with 2026Q1 net income of $699,900 driven entirely by non-operating items rather than core business activity.
| Sales/Revenue | 0 | - | - |
| Revenue Growth % | - | - | - |
| Cost of Goods Sold | 0 | - | - |
| COGS % of Revenue | - | - | - |
| Gross Profit | 0 | 0 | 0 |
| Gross Margin % | - | - | - |
| Gross Profit Growth % | - | - | - |
| Operating Expenses | 511.9K | 595.54K | 333 |
| OpEx % of Revenue | - | - | - |
| Selling, General & Admin | 86.61K | 0 | 333 |
| SG&A % of Revenue | - | - | - |
| Research & Development | 0 | - | - |
| R&D % of Revenue | - | - | - |
| Other Operating Expenses | 0 | - | - |
| Operating Income | -511.9K | -595.54K | -332 |
| Operating Margin % | - | - | - |
| Operating Income Growth % | - | -179281.02% | - |
| EBITDA | -511.9K | -595.54K | 1 |
| EBITDA Margin % | - | - | - |
| EBITDA Growth % | -175.09% | -64244436.57% | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 333 |
| EBIT | -511.9K | -595.54K | -332 |
| Net Interest Income | -115.03K | 3.58M | 660.24K |
| Interest Income | -111.85K | 3.58M | 660.24K |
| Interest Expense | 0 | 0 | 0 |
| Other Income/Expense | 0 | - | - |
| Pretax Income | 2.95M | 2.98M | 356 |
| Pretax Margin % | - | - | - |
| Income Tax | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% |
| Net Income | 2.95M | 2.98M | 356 |
| Net Margin % | - | - | - |
| Net Income Growth % | 303.31% | 838060.79% | - |
| Net Income (Continuing) | 2.95M | 2.98M | 356 |
| Discontinued Operations | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| EPS (Diluted) | 0.27 | 0.27 | 0.02 |
| EPS Growth % | 195.07% | 1011.11% | - |
| EPS (Basic) | - | 0.27 | 0.02 |
| Diluted Shares Outstanding | 10.96M | 8.5M | 10.96M |
| Basic Shares Outstanding | 10.96M | 8.5M | 10.96M |
| Dividend Payout Ratio | - | - | - |
Liquidity and Merger Failure
As indicated by the historical income statement data, CHARR has generated zero revenue across all reported periods, reflecting its status as a pre-combination shell entity that lacks any operational business model until a successful merger is finalized with a private target company.
The absence of revenue is a structural feature rather than a performance failure, as the entity is designed solely to facilitate a reverse merger. Investors should monitor the timeline for a potential business combination, as the current trajectory remains binary and entirely dependent on external deal-making activity.
Based on the provided financial filings, CHARR maintains a lean cost structure characterized by minimal SG&A expenses, such as the $86.6K reported in 2026Q1, which are necessary to sustain the entity's regulatory standing as a public shell company.
The company's expense profile is strictly limited to maintenance costs, including audit and legal fees required for compliance. This suggests that management is prioritizing capital preservation, though the reliance on sponsor-funded administrative support remains a critical vulnerability for the entity's ongoing viability.
According to the income statement, CHARR reported net income figures like $699.9K in 2026Q1 despite having zero revenue, which suggests that these earnings are driven by non-operating items rather than core business performance or operational profitability.
The disconnect between operating losses and positive net income warrants further investigation into potential warrant liability adjustments or other non-cash accounting entries. Investors should be cautious, as these figures do not represent sustainable earnings and may mask the underlying cash burn of the shell vehicle.
As reported in financial statements, the company's cash position of only $5,135 highlights a precarious liquidity profile that may limit the entity's ability to conduct thorough due diligence or cover the costs associated with a complex de-SPAC transaction.
This minimal cash balance suggests that the entity is highly susceptible to liquidity shocks and may require immediate sponsor intervention to remain a going concern. The lack of a substantial cash buffer implies that any delay in the merger process could lead to significant financial distress.
Quick answers to the most common questions about buying CHARR stock.
Charlton Aria Acquisition Corporation (CHARR) is profitable, generating $3.0M in net income for the fiscal year ending 2025.