Palomino Laboratories Inc. balance sheet PALX

As of Jun 30, 2026, Palomino Laboratories Inc. had total assets of $21.0 million and total liabilities of $475,962. Total assets were up 1115012.1% from a year earlier. Stockholders' equity was $20.6 million. It held $19.4 million in cash and investments against $167,882 of total debt, net cash of $19.3 million. The current ratio, current assets divided by current liabilities, was 53.12.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
Assets
Cash
19
8
—
0
Cash and investments
19
8
—
0
Total current assets
20
+1038233.8%
8
+6006.2%
0
+36248.7%
0
Property and equipment, net
1
—
—
—
Total assets
21
+1115012.1%
8
+6006.2%
0
+36248.7%
0
Liabilities and equity
Accounts payable
0
0
—
—
Total current liabilities
0
+1.2%
0
+5131.8%
0
-94.2%
0
Total liabilities
0
+30.6%
0
+115.1%
0
+40.1%
0
Stockholders' equity
21
+4698.5%
8
+44335.2%
-0
-768.4%
-0
Debt
Lease liabilities
0
—
—
—
Total debt
0
+739.4%
—
—
—
Net cash
19
—
—
—
Ratios
Current ratio
53.12x
25.07x
21.48x
0.00x
Debt to equity
0.01x
—
—
—
Return on equity
-25.17%
-39.06%
—
—
Return on assets
-24.60%
-37.50%
-11.73%
-22,088.68%
Book value per share
0.89
0.43
-0.00
-0.00
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
PALX (OTC)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Goleta, CA
SEC filer status
, Emerging growth company
SEC CIK
1938569
Former names
Unite Acquisition 3 Corp. (until Aug 29, 2025)

Other Semiconductors & Related Devices companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.