AG Acquisition Group III Narrows Net Loss to $3,470 in Q1 FY2026

AG Acquisition Group III, a Delaware-incorporated special purpose acquisition company, posted a net loss of $3,470 for the three months ending September 30, 2025, an improvement from the $4,750 loss in the same quarter a year earlier. The company reported no revenue for the period. Read more earnings reports.

The narrower loss came despite negative cash flow from operations of $1,735, which was substantially better than the $4,750 operating cash burn in the prior-year quarter. The company raised $3,000 from financing activities during the quarter, down from $4,000 in the year-earlier period.

The balance sheet showed total assets of $1,661 as of September 30, 2025, up from $396 at the end of June 2025. Current assets accounted for the entire asset base in both periods. Total liabilities stood at $1,735, consisting entirely of accounts payable.

Stockholders' equity swung to negative $74 as of September 30, 2025, from positive $396 three months earlier. The deterioration reflects accumulated losses, with the company's retained earnings deficit widening to $61,574 from $58,104 over the quarter.

The company maintained 10 million common shares outstanding throughout the period, unchanged from the prior quarter. Additional paid-in capital increased to $60,500 from $57,500 during the quarter.