Operating cash flow remains consistently negative, with a $110.6K outflow in 2026Q1 highlighting a persistent disconnect between accounting profits and actual cash generation.
| Cash from Operations | -536.6K | -674.03K | -74 |
| Operating CF Margin % | - | - | - |
| Operating CF Growth % | -17.56% | -907384.35% | - |
| Net Income | 3.45M | 3.61M | 80 |
| Depreciation & Amortization | 0 | 0 | 8 |
| Stock-Based Compensation | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 |
| Other Non-Cash Items | -4.38M | -4.28M | -190 |
| Working Capital Changes | 391.67K | 0 | 28 |
| Change in Receivables | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 |
| Cash from Investing | 0 | 0 | -115.58K |
| Capital Expenditures | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - |
| Acquisitions | 0 | - | - |
| Investments | 0 | 0 | 115.93K |
| Other Investing | 0 | 0 | -115.58K |
| Cash from Financing | 225K | -10K | 116.56K |
| Debt Issued (Net) | 0 | - | - |
| Equity Issued (Net) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 |
| Other Financing | 225K | -10K | 116.56K |
| Net Change in Cash | -311.6K | -684.03K | 914 |
| Free Cash Flow | -536.6K | -674.03K | -74 |
| FCF Margin % | - | - | - |
| FCF Growth % | -66.49% | -907384.35% | - |
| FCF per Share | -0.05 | -0.06 | -0.00 |
| FCF Conversion (FCF/Net Income) | -0.16x | -0.19x | 0.00x |
| Interest Paid | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 |
Binary deal execution risk
As reported in recent financial statements, TAVIR's operating cash flow consistently trails net income, with the 2026Q1 period showing a negative $110.6K cash outflow despite a reported net income of $821.7K, highlighting a significant divergence between accounting profits and actual cash generation for this shell entity.
The persistent negative OCF/NI ratio suggests that the company's reported net income is driven by non-cash or non-operating items rather than core business activities. Investors should interpret this gap as a signal that the firm's accounting performance does not reflect its underlying cash-burning reality as a pre-revenue acquisition vehicle.
Based on the provided financial data, TAVIR has maintained a consistent negative free cash flow trajectory, with quarterly outflows reaching $248.0K in 2025Q1, underscoring the ongoing capital depletion required to sustain the company's search for a viable business combination target in the energy transition sector.
The absence of positive free cash flow is expected for a shell company, yet the magnitude of these outflows relative to the limited cash reserves warrants close monitoring. This trend suggests that the company's runway is being steadily eroded by administrative and due diligence costs without any offsetting operational cash inflows.
According to historical filings, TAVIR experienced a notable working capital shift of $391.7K in 2025Q2, which appears to be an outlier that temporarily impacted the company's cash position during a period of intensified search activity for potential merger partners within the circular economy and ag-tech niches.
Such fluctuations in working capital for a pre-revenue entity often indicate timing differences in professional fee payments or regulatory compliance costs. This volatility suggests that the company's cash management is highly sensitive to the timing of external service provider invoices rather than any underlying operational cycle.
As indicated by the cumulative financial data, TAVIR's reported net income has consistently failed to translate into positive operating cash flow, with the total divergence between these two metrics widening significantly over the last several quarters as the company continues its search for a suitable acquisition target.
The persistent gap between accounting earnings and cash flow suggests that the company's reported profitability is largely disconnected from its actual liquidity position. This divergence warrants further investigation by investors to ensure they are not overestimating the company's financial health based on non-cash accounting gains.
Quick answers to the most common questions about buying TAVIR stock.
Tavia Acquisition Corp. (TAVIR) generated $-0.7M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Tavia Acquisition Corp. (TAVIR) reported negative free cash flow of $0.7M in 2025, indicating capital requirements exceeded cash from operations.
Tavia Acquisition Corp. (TAVIR) spent $0.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.