Company: TBMC
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043357
Chunk: 1

Company: Trailblazer Merger Corp I
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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,000,000 shares authorized: 2,119,499 issued and outstanding (excluding 2,379,616 shares subject to possible redemption) as of March 31, 2025 and December 31, 2024 
     212  
     212 
  
    Class B common stock, $0.0001 par value; 5,000,000 shares authorized; 1 share issued and outstanding as of March 31, 2025 and December 31, 2024 
     —  
     — 
  
    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (6,863,728) 
     (6,081,499)
  
    Total Stockholders’ Deficit 
     (6,863,516) 
     (6,081,287)
  
    Total Liabilities and Stockholders’ Deficit 
    $28,124,282  
    $27,733,954 

The
accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

1

TRAILBLAZER
MERGER CORPORATION I

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

    For the Three Months Ended March 31, 

    2025  
    2024 
  
    General and administrative expenses 
    $665,655  
    $388,331 
  
    Loss from operations 
     (665,655) 
     (388,331)

    Other income (expense): 

    Interest earned on marketable securities held in Trust Account 
     279,885  
     953,592 
  
    Unrealized loss on marketable securities held in Trust Account 
     —  
     (3,973)
  
    Other income, net 
     279,885  
     949,619 

    (Loss) Income before provision for income taxes 
     (385,770) 
     561,288 
  
    Provision for income taxes 
     (65,055) 
     (188,920)
  
    Net (loss) income 
    $(450,825) 
    $372,368 

    Basic and diluted weighted average shares outstanding, Class A common stock 
     4,499,115  
     9,019,499