Enhanced Group Inc. Liquidation Value Calculator
Enhanced Group Inc.
Current Price: $8.03 (as of 2026-05-13)
Note: Financial institutions (banks, REITs, insurance companies) use specialized accounting standards that differ from standard GAAP balance sheet presentation. Liquidation metrics may not apply and are shown as N/A where data is unavailable. See our methodology page for details.
Loading calculator data...
Advanced: All 110 XBRL Tags
Every XBRL tag from SEC EDGAR filings, grouped by financial statement type. total = may include children, fact = independent leaf value.
Balance Sheet
| Tag | Value | Unit | ||
|---|---|---|---|---|
| cash | ||||
| Cash And Cash Equivalents At Carrying Value total CashAndCashEquivalentsAtCarryingValue |
$12.76M | USD | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents total CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
$428,394 | USD | ||
| AI Insight · Unrestricted cash of $428K at March 31, 2026, down from $698K at December 31, 2025 (a $270K decline in the quarter). Operating cash burn was $211K and financing outflows were $58K (repayment of related-party balance). At the current burn rate, outside-trust liquidity covers less than two quarters of operating expenses. Under liquidation, $428K of cash recovers at 100% but is insufficient to cover $608K of current accrued liabilities, producing a working capital deficit of approximately $4.2K (per filing disclosure) before consideration of the $8.0M deferred underwriting obligation. | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents total CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
$12.76M | USD | ||
| AI Insight · Unrestricted cash of $428K at March 31, 2026, down from $698K at December 31, 2025 (a $270K decline in the quarter). Operating cash burn was $211K and financing outflows were $58K (repayment of related-party balance). At the current burn rate, outside-trust liquidity covers less than two quarters of operating expenses. Under liquidation, $428K of cash recovers at 100% but is insufficient to cover $608K of current accrued liabilities, producing a working capital deficit of approximately $4.2K (per filing disclosure) before consideration of the $8.0M deferred underwriting obligation. | ||||
| current_liabilities | ||||
| Accrued Liabilities Current total AccruedLiabilitiesCurrent |
$608,054 | USD | ||
| AI Insight · Accrued liabilities of $608K as of March 31, 2026, up materially from approximately $414K implied at December 31, 2025 (based on $193.8K Q1 increase per IncreaseDecreaseInAccruedLiabilities). This line captures legal and professional fees accruing as business combination costs escalate. Under the liquidation lens, these face-value current liabilities rank ahead of permanent equity and must be settled from the $428K unrestricted cash — which is insufficient to cover them in full ($608K liability vs. $428K cash). | ||||
| Employee Related Liabilities Current total EmployeeRelatedLiabilitiesCurrent |
$469,483 | USD | ||
| Other Accrued Liabilities Current total OtherAccruedLiabilitiesCurrent |
$323,772 | USD | ||
| Other Liabilities Current total OtherLiabilitiesCurrent |
$53,240 | USD | ||
| liabilities_current | ||||
| Liabilities Current total LiabilitiesCurrent |
$608,054 | USD | ||
| liabilities_total | ||||
| Liabilities total | $49.73M | USD | ||
| Liabilities total | $8.61M | USD | ||
| shares_outstanding | ||||
| Common Stock Shares Outstanding total CommonStockSharesOutstanding |
10.2M | shares | ||
Unmapped Tags (97)
| Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent | $8.33M | USD | ||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | $26,037 | USD | ||
| Additional Paid In Capital AdditionalPaidInCapital | $4.87M | USD | ||
| Assets Assets | $205.71M | USD | ||
| Assets Assets | $32.98M | USD | ||
| Assets Current AssetsCurrent | $28.42M | USD | ||
| Assets Current AssetsCurrent | $603,827 | USD | ||
| Assets Held In Trust AssetsHeldInTrust | $1.85M | USD | ||
| Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid | $10,734 | USD | ||
| Cash FDIC Insured Amount CashFDICInsuredAmount | $250,000 | USD | ||
| Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare | $0 | USD/shares | ||
| Common Stock Shares Authorized CommonStockSharesAuthorized | $16.62M | shares | ||
| Common Stock Shares Issued CommonStockSharesIssued | $10.23M | shares | ||
| Common Stock Value CommonStockValue | $102 | USD | ||
| Deferred Costs Current DeferredCostsCurrent | $7.28M | USD | ||
| Deposits Assets Current DepositsAssetsCurrent | $6.84M | USD | ||
| Deposits Assets Noncurrent DepositsAssetsNoncurrent | $3.98M | USD | ||
| Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill | $30,000 | USD | ||
| Investment Income Interest InvestmentIncomeInterest | $5,649 | USD | ||
| Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity | $205.71M | USD | ||
| Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity | $32.98M | USD | ||
| Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact | $0 | USD | ||
| Preferred Stock Shares Authorized PreferredStockSharesAuthorized | $1.00M | shares | ||
| Property Plant And Equipment Gross PropertyPlantAndEquipmentGross | $572,407 | USD | ||
| Property Plant And Equipment Net PropertyPlantAndEquipmentNet | $546,370 | USD | ||
| Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit | $-8.00M | USD | ||
| AI Insight · Accumulated deficit of $8.0M at March 31, 2026, representing the total equity erosion from inception. The balance includes the large upfront accretion to redemption value at IPO close plus ongoing quarterly accretions. This metric quantifies the permanent equity hole that would need to be bridged before any recovery accrues to non-redeemable shareholders. No change from StockholdersEquity — there is no paid-in capital offset at the consolidated level. | ||||
| Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit | $-48.47M | USD | ||
| AI Insight · Accumulated deficit of $8.0M at March 31, 2026, representing the total equity erosion from inception. The balance includes the large upfront accretion to redemption value at IPO close plus ongoing quarterly accretions. This metric quantifies the permanent equity hole that would need to be bridged before any recovery accrues to non-redeemable shareholders. No change from StockholdersEquity — there is no paid-in capital offset at the consolidated level. | ||||
| Stockholders Equity StockholdersEquity | $-43.60M | USD | ||
| AI Insight · Permanent equity deficit of negative $8.0M as of March 31, 2026, worsened from negative $7.6M at December 31, 2025. The deterioration of $368K is the net of $1.4M GAAP net income offset by $1.8M accretion of trust interest to temporary equity redemption value. Under the liquidation lens, permanent equity is the residual claimant after trust distributions to public shareholders and settlement of all other liabilities; recovery is nil. | ||||
| Stockholders Equity StockholdersEquity | $-8.00M | USD | ||
| AI Insight · Permanent equity deficit of negative $8.0M as of March 31, 2026, worsened from negative $7.6M at December 31, 2025. The deterioration of $368K is the net of $1.4M GAAP net income offset by $1.8M accretion of trust interest to temporary equity redemption value. Under the liquidation lens, permanent equity is the residual claimant after trust distributions to public shareholders and settlement of all other liabilities; recovery is nil. | ||||
| Temporary Equity Accretion To Redemption Value Adjustment TemporaryEquityAccretionToRedemptionValueAdjustment | $-1.79M | USD | ||
| AI Insight · Q1 2026 accretion of $1.8M reflects trust account interest credited to the Class A redemption value, mechanically increasing the senior claim against the trust. This is a direct balance-sheet transfer from permanent equity to the temporary equity redemption stack. Cumulative accretion since IPO (July 2025) is $5.1M ($3.3M in 2025 + $1.8M in Q1 2026), meaning public shareholders' per-share redemption price has risen above $10.00. | ||||
| Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent | $26.85M | USD | ||
| Temporary Equity Liquidation Preference TemporaryEquityLiquidationPreference | $27.27M | USD | ||
| Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare | $0 | USD/shares | ||
| Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized | $3.97M | shares | ||
| Temporary Equity Shares Issued TemporaryEquitySharesIssued | $3.97M | shares | ||
| Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding | $3.97M | shares | ||
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue | $727,472 | USD | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect | $-269,235 | USD | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect | $-12.49M | USD | ||
| Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions | $5.80M | USD | ||
| Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | $3.14M | USD | ||
| Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities | $193,773 | USD | ||
| Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities | $34,344 | USD | ||
| Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | $1.11M | USD | ||
| Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense | $36,496 | USD | ||
| Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities | $-57,922 | USD | ||
| Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities | $9.23M | USD | ||
| Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities | $-2.75M | USD | ||
| Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities | $-211,313 | USD | ||
| Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities | $-18.98M | USD | ||
| Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts | $1.10M | USD | ||
| Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment | $129,227 | USD | ||
| Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt | $57,922 | USD | ||
| Share Based Compensation ShareBasedCompensation | $727,472 | USD | ||
| Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 | $0 | USD | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber | $531,465 | shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice | $9 | USD/shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod | $79,476 | shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross | $14,000 | shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue | $0 | USD | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber | $1.40M | shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice | $9 | USD/shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber | $1.40M | shares | ||
| Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice | $9 | USD/shares | ||
| Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice | $0 | USD/shares | ||
| Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice | $9 | USD/shares | ||
| Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | $8.16M | shares | ||
| Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax | $-16.43M | USD | ||
| Earnings Per Share Basic EarningsPerShareBasic | $-2 | USD/shares | ||
| Earnings Per Share Diluted EarningsPerShareDiluted | $-2 | USD/shares | ||
| General And Administrative Expense GeneralAndAdministrativeExpense | $12.53M | USD | ||
| General And Administrative Expense GeneralAndAdministrativeExpense | $10,625 | USD | ||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | $1.42M | USD | ||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | $-16.43M | USD | ||
| Income Tax Examination Penalties And Interest Expense IncomeTaxExaminationPenaltiesAndInterestExpense | $0 | USD | ||
| Income Tax Expense Benefit IncomeTaxExpenseBenefit | $0 | USD | ||
| Marketing Expense MarketingExpense | $1.49M | USD | ||
| Net Income Loss NetIncomeLoss | $1.42M | USD | ||
| Net Income Loss NetIncomeLoss | $-16.43M | USD | ||
| Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic | $-16.43M | USD | ||
| Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted | $-16.43M | USD | ||
| Nonoperating Income Expense NonoperatingIncomeExpense | $111,878 | USD | ||
| Operating Expenses OperatingExpenses | $16.54M | USD | ||
| Operating Income Loss OperatingIncomeLoss | $-16.54M | USD | ||
| Operating Income Loss OperatingIncomeLoss | $-374,239 | USD | ||
| Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent | $1.54M | USD | ||
| Prepaid Expense Current PrepaidExpenseCurrent | $175,433 | USD | ||
| Revenues Revenues | $2,755 | USD | ||
| Deposit Liability Current DepositLiabilityCurrent | $1.36M | USD | ||
| Depreciation Depletion And Amortization DepreciationDepletionAndAmortization | $16,661 | USD | ||
| Depreciation Nonproduction DepreciationNonproduction | $16,661 | USD | ||
| Legal Fees LegalFees | $363,614 | USD | ||
| AI Insight · Legal fees of $363.6K in Q1 2026 constitute the largest component of operating expenses ($374K total), reflecting transaction costs associated with the Enhanced Business Combination. This elevated run rate — absent in Q1 2025 ($34.6K total opex) — is accelerating the depletion of outside-trust cash and widening the working capital deficit. Under liquidation, these are expensed and do not create asset value, but their ongoing accrual into AccruedLiabilitiesCurrent incrementally pressures the outside-trust liquidity coverage ratio. | ||||
| Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount | $13.79M | USD | ||
| Number Of Operating Segments NumberOfOperatingSegments | $1 | segment | ||
| Number Of Operating Segments NumberOfOperatingSegments | $1 | Segments | ||
| Number Of Reportable Segments NumberOfReportableSegments | $1 | Segments | ||
| AssetsHeldInTrustNoncurrent AssetsHeldInTrustNoncurrent | $205.11M | USD | ||
| AI Insight · Trust account balance of $205.1M represents 99.7% of total assets and is the sole material asset. Under the liquidation lens, this is fully pledged to public Class A shareholders at redemption value ($205.1M per TemporaryEquityCarryingAmountAttributableToParent). Recovery haircut is zero (liquid U.S. government MMF, Level 1 fair value). Increased from $203.3M at December 31, 2025, reflecting $1.8M of Q1 2026 interest earned in trust. No residual accrues to permanent equity from this asset pool. | ||||
Showing balance sheet tags only. Liquidation analysis uses balance sheet data.