Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 569

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 569
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 ​                                                             | ​              
 ​ ​ ​          
 (In Thousands) | ​             
 September 30, 
 ​             |      ​ 
   2025 | ​ | ​     
 ​ ​ ​ |      ​ 
   2024 |
|:--------------------------------------------------------------|:---------------|:--------------|-------:|:--|:------|-------:|
| Cash and cash equivalents                                     | ​              | $             | 34,503 | ​ | $     |  6,650 |
| Restricted cash                                               | ​              |               |  3,948 | ​ |       |  3,852 |
| Cash, cash equivalents, and restricted cash end of the period | ​              | $             | 38,451 | ​ | $     | 10,502 |

See accompanying notes to unaudited interim condensed consolidated financial statements

F- 61

BOXABL INC. notes to UNAUDITED INTERIM CONDENSED CONSOLIDATED financial statements (Unaudited, all figures in thousands, except per share amounts and unit quantities unless otherwise indicated) NOTE 1 – INCORPORATION AND NATURE OF OPERATIONS Description of Business BOXABL Inc., is a Nevada Corporation originally organized as a Nevada limited liability company, on December 2, 2017. The corporation converted from a Nevada limited liability company to a Nevada corporation on June 16, 2020. The Company’s Subsidiaries include BOXABL NV Dealer, LLC (Nevada), Build IP LLC (Nevada), and BOXABL Developer, LLC (Texas). These consolidated financial statements of BOXABL Inc., (which may be referred to as the “ Company ”, “ BOXABL ”, “ we ”, “ us ” or “ our ”) include the results of its Subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“ GAAP ”). The Company’s headquarters are in Las Vegas, Nevada. BOXABL Inc. has developed a new type of building system using advanced manufacturing processes and by applying existing technology from the automotive industry. Its products, referred to as “Casitas” or “Boxes,” result in sustainable high-quality buildings at lower cost, benefiting from mass production practices, resolving the problems of housing shortages by offering a quick solution, and reducing the carbon footprint. The Company has also developed patented folding and shipping technology, enabling the Company to transport its building solution on existing roadways to serve large geographic areas. The Company’s Casitas can be configured