<span item_type="fundamental" item_id="b5046b1d74d96c005cb956e86013ba0f" counter_id="ST/US/BHAC" env="prod"></span><span item_type="announcement" item_id="519374829660995713" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.21.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues as it is focused on effecting a business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: For the three months ended March 31, 2025, the company reported a net loss of - $1,426,442, compared to a net loss of - $2,504,756 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li><li><strong>Operating Costs</strong>: Operating costs were - $1,295,159 for the three months ended March 31, 2025, a decrease from - $2,646,244 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the three months ended March 31, 2025, net cash used in operating activities was - $14,889, compared to - $388,382 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li><li><strong>Net Cash Provided by Investing Activities</strong>: Net cash provided by investing activities was $17,824 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Income</strong>: Interest income from the Trust Account was $143,400 for the three months ended March 31, 2025, compared to $320,299 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing its initial business combination by October 7, 2025, which is crucial for its ability to continue operations and satisfy working capital obligations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Business Combination Agreement with XCF Global Capital, Inc., which is expected to close in the first half of 2025. This agreement includes conditions such as the acquisition of New Rise Renewables, LLC and New Rise SAF Renewables Limited Liability Company.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul><h3>Priority</h3><ul><li>The company has until October 7, 2025, to consummate an initial business combination, which is critical to avoid mandatory liquidation and subsequent dissolution.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851612/000114036125020354/ef20047550_10q.htm"></span></li></ul>

BHAC

Focus Impact BH3 Acquisition | 10-Q: FY2025 Q1 EPS: USD -0.21