Company: TBMC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075720
Chunk: 2

Company: Trailblazer Merger Corp I
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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     564,425  
     1,936,301 

    (Loss) Income before provision for income taxes 
     (161,096) 
     414,214  
     (546,866) 
     975,502 
  
    Provision for income taxes 
     (79,161) 
     (196,703) 
     (144,216) 
     (385,623)
  
    Net (loss) income 
    $(240,257) 
    $217,511  
    $(691,082) 
    $589,879 

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

    Basic and diluted net (loss) income per share, Class A common stock 
    $(0.05) 
    $0.02  
    $(0.15) 
    $0.07 

    Basic and diluted weighted average shares outstanding, Class B common stock 
     1  
     1  
     1  
     1 

    Basic and diluted net (loss) income per share, Class B common stock 
    $0.00  
    $0.00  
    $0.00  
    $0.00 

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

2

TRAILBLAZER MERGER CORPORATION I

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES
IN STOCKHOLDERS’ DEFICIT

(UNAUDITED)

FOR THE THREE AND SIX MONTHS ENDED JUNE 30,
2025

    Class A Common Stock  
    Class B Common Stock  
    Additional Paid-in  
    Accumulated  
    Total Stockholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balances — December 31, 2024 
     2,119,499  
    $212  
     1  
    $—  
    $—  
    $(6,081,499) 
    $(6,081,287)

    Remeasurement of carrying value to redemption value