The company has generated $0 in revenue across all ten reported quarters, with net income figures appearing disconnected from operational reality due to non-cash fair-value adjustments.
| Net Interest Income | 2.25M | 2.63M | 1.2M | 0 | 0 |
| NII Growth % | 6.29% | 118.98% | - | - | - |
| Net Interest Margin % | 12.26% | 14.65% | 1.7% | 0% | 0% |
| Interest Income | 2.25M | 2.63M | 1.2M | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 |
| Loan Loss Provision | 0 | 0 | 0 | 0 | 0 |
| Non-Interest Income | -2.25M | -2.63M | -1.2M | 0 | 0 |
| Non-Interest Income % | - | - | - | - | - |
| Total Revenue | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | 0% | - | - | - | - |
| Non-Interest Expense | 714.63K | 557.17K | 272.25K | 4.22K | 1.56K |
| Efficiency Ratio | - | - | - | - | - |
| Operating Income | -714.63K | -557.17K | -272.25K | -4.22K | -1.56K |
| Operating Margin % | - | - | - | - | - |
| Operating Income Growth % | - | -104.66% | -6349.85% | -169.71% | - |
| Pretax Income | 1.39M | 2.13M | 1.19M | -4.22K | -1.56K |
| Pretax Margin % | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% |
| Net Income | 1.39M | 2.13M | 1.19M | -4.22K | -1.56K |
| Net Margin % | - | - | - | - | - |
| Net Income Growth % | -24.11% | 78.62% | 28387.14% | -169.71% | - |
| Net Income (Continuing) | 1.39M | 2.13M | 1.19M | -4.22K | -1.56K |
| EPS (Diluted) | 0.84 | 0.36 | 0.13 | 0.00 | 0.00 |
| EPS Growth % | 3.59% | 168.46% | - | - | - |
| EPS (Basic) | - | 0.36 | 0.13 | 0.00 | 0.00 |
| Diluted Shares Outstanding | 1.65M | 6.28M | 8.9M | 7.75M | 7.75M |
Imminent Liquidation and Delisting
As indicated by the company's historical financial filings, DTSQ has generated zero revenue across all ten reported quarters, confirming its status as a pre-combination special purpose acquisition vehicle that remains entirely dependent on identifying a viable merger target to initiate any form of operational revenue stream.
The absence of revenue is a structural feature of the entity's current lifecycle rather than an operational failure. Investors should recognize that the growth trajectory is binary, meaning the company will remain in a state of total revenue stagnation until a business combination is successfully executed.
Based on reported income statements, DTSQ's net income figures, such as the $719.5K profit in 2024Q4, appear disconnected from operational reality and are likely driven by non-cash fair-value adjustments of warrant liabilities rather than any underlying business performance or sustainable income generation for shareholders.
These accounting fluctuations mask the underlying cash burn and provide a misleading picture of the company's financial health. Analysts should strip away these non-operating gains to focus on the persistent operating losses, which better reflect the true cost of maintaining the public listing.
According to recent financial disclosures, the company has consistently incurred quarterly SG&A expenses of $30.0K, which, when compared against the reported nominal cash balance of $461, suggests an unsustainable cost structure that necessitates ongoing external capital infusions to prevent an immediate cessation of operations.
The reliance on fixed professional service outlays in the absence of revenue indicates that the entity is likely consuming sponsor-provided capital to remain compliant with SEC reporting requirements. This cost discipline is effectively non-existent, as the company lacks the operational scale to absorb these necessary administrative burdens.
As reported in financial statements, the combination of a $461 cash balance and consistent operating losses warrants significant skepticism regarding the company's ability to survive, as the entity appears to be approaching a critical threshold where it may no longer meet minimum exchange listing requirements.
Short-sellers would likely focus on the high probability of an involuntary delisting, which would strip the entity of its primary asset: its public listing status. The lack of liquidity suggests that the window for a successful reverse merger is closing rapidly, potentially leaving shareholders with little to no residual value.
Quick answers to the most common questions about buying DTSQ stock.
DT Cloud Star Acquisition Corporation (DTSQ) is profitable, generating $2.1M in net income for the fiscal year ending 2025.