<div data-server-rendered="true" id="__nuxt"><div id="__layout"><div class="outer-container"><div class="content-container"> <div class="answer_container" style="min-height:calc(100vh - 54px);" data-v-0eba195e=""><div class="content_outer_container" data-v-0eba195e=""><div class="share_preview_container" data-v-0eba195e=""><div class="dialog_list" data-v-0eba195e=""><div class="dialog_item" data-v-0eba195e=""><div class="dialog_question fir_dialog_question" data-v-0eba195e=""><div class="question_con" data-v-0eba195e=""><h1 class="fir_question_content" data-v-0eba195e="">
                                    Why did TBMC's operating expenses surge in Q4 2024?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        5/9/2025 02:10pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">Trailblazer Merger Corporation I (TBMC) did not report any operating expenses in Q4 2024.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag){return {layout:"default",data:[{noData:b,currentQuestion:d,textDescription:F,comeFrom:"AInvestShareLink",events:[],answerSource:i}],fetch:{},error:j,state:{sharePreviewModule:{loadJgySuccess:e,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:k,agent_id:a,output_media_info:[],task_id:a,language:a,source:i,cache_builder:a,reply_action:"Answer",execute_mode:u,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"Why did TBMC's operating expenses surge in Q4 2024?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"Why did TBMC's operating expenses surge in Q4 2024?\",\"user_id\":\"dp77449895\",\"user_name\":\"\",\"trace_id\":\"eefc57b9-92e0-46a7-a41b-b7be6d2889f0\",\"session_id\":\"eefc57b9-92e0-46a7-a41b-b7be6d2889f0\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:"query_data",query_type:v,text:"0 results found:\n",query_data:{number:k,title:w,query_type:v,condition:a,model_sql:G,data_ext_params:{merge_repeat:b,expand_index:c,data_add:k,add_index:e}}}],answer_chain_name:H,agent_mode:I,native_answer:a,come_from:a,text_answer:F,trace_id:f,cost:9075,event_names:a,question:d,fallback_type:J,input_type:K,fall_back_reason:{fall_back_type:J,may_fall_back_reason:"UNKNOWN",risk_detail:{matched_words:[]}},session_id:f,first_return_cost:3252,cache_type:"no_cache",question_id:f,transfer_question:d,signal_type:"ON_COMPLETE",start_time:x,remote_svc:i,slots:[],answer_type:u,user_id:s,skill_name:y},renderList:[{type:"base_info",answer_path:"logs\u002FbaseInfo",logs:[],base_info:{trace_id:f,session_id:f,user_id:s,question:d,source:i,raw_question:d,version:"3.4.1",action_name:y,nlu:{entity:[{type:L,value:"TBMC.O",market:M}]},output_time:x,deep_research:b,deep_thinking:b,agent_mode:I},extra:{}},{answer_path:l,section:{id:m,info_texts:["Thinking"],show_type:n,choice:[],result_page:{},tag_info_list:[],is_last:c,status:"begin"},logs:[],extra:{is_deep_research:b,deep_thinking:b}},{answer_path:l,section:{id:m,info_texts:["Querying Stock: TBMC Operating Expenses in Q4 2024"],show_type:n,choice:[],result_page:{},tag_info_list:[],is_last:c,status:N},logs:[],extra:{action:"Querying Stock",action_input:w,thought:O}},{answer_path:l,section:{id:m,info_texts:["Searching Web: Why was TBMC Operating Expenses Increased in Q4 2024"],show_type:n,choice:[],result_page:{},tag_info_list:[],is_last:c,status:N},logs:[],extra:{action:"Searching Web",action_input:"Why was TBMC Operating Expenses Increased in Q4 2024",thought:O}},{answer_path:g,section:{id:P,info_texts:[],show_type:z,choice:[],result_page:{},tag_info_list:[],is_last:c},logs:[],extra:{}},{answer_path:g,section:{id:P,info_texts:[],show_type:z,choice:[],result_page:{},tag_info_list:[],is_last:c},logs:[],extra:{}},{answer_path:l,section:{id:m,info_texts:["Generating Answer"],show_type:n,choice:[],result_page:{},tag_info_list:[],is_last:c,status:"ongoing"},logs:[],extra:{}},{answer_path:g,section:{id:A,info_texts:[],show_type:B,voice_txt:"Trail",text_answer:Q,rich_text:Q,choice:[],result_page:{},tag_info_list:[],is_last:c},logs:[],extra:{}},{answer_path:g,section:{id:2000,info_texts:[],show_type:B,voice_txt:a,text_answer:a,rich_text:a,choice:[],result_page:{},tag_info_list:[{title:w,query_type:v,trace_data:a,index:k,model_sql:G,data_ext_params:{merge_repeat:b,expand_index:c,data_add:k,add_index:e},jump_type:"data_query"}],is_last:c},logs:[],extra:{}},{answer_path:g,section:{id:A,info_texts:[],show_type:B,voice_txt:C,text_answer:C,rich_text:C,choice:[],result_page:{},tag_info_list:[],is_last:c},logs:[],extra:{}},{answer_path:"extraInfo\u002FsourceLink",logs:[],extra:{span_id:a,link_id:a,source:a,link_text:a,link_param:a,link_ids:[]}},{answer_path:g,section:{id:1001,info_texts:[],show_type:"fenshi",choice:[],result_page:{},tag_info_list:[{stock_info:{code:"TBMC",market_id:M,name:R,domain:L},pos:e,section_id:A,txt:R,jump_type:"pos_fenshi"}],is_last:c},logs:[],extra:{}},{answer_path:l,section:{id:m,info_texts:["Completed"],show_type:n,choice:[],result_page:{},tag_info_list:[],is_last:c,status:"end"},logs:[],extra:{}},{answer_path:"suggest\u002Fquestions",section:{id:10002,info_texts:[],show_type:"result_page",choice:[{display_text:o,query_text:o,trace_info:{item_id:"ba7134b138cef0660ebba133949865dd",item_type:h,item_name:o,rec_info:S}},{display_text:p,query_text:p,trace_info:{item_id:"86f9807dd73cfffddcfc63e46ea222f9",item_type:h,item_name:p,rec_info:T}},{display_text:q,query_text:q,trace_info:{item_id:"06b9d19856231caedaf4b101451a2d83",item_type:h,item_name:q,rec_info:U}}],result_page:{components:[{show_type:"lowcode",title_config:{show_type:"title1",data:{h1:a,h2:a},config:{display:b,txt_style:e,type:"1",display2:b,url:a}},request_config:[{source_type:V,related_name:W}],puuid:D,tag:a,category:"custom",uuid:X}],global:{urp_static_data:[{name:W,value:{status_code:e,columns:[{type:r,index_name:Y,key:Y},{type:r,index_name:Z,key:Z},{type:r,index_name:_,key:_},{type:r,index_name:$,key:$},{type:r,index_name:aa,key:aa}],datas:[{send_text:o,item_type:h,rec_info:S,display_text:o,rec_reason:a},{send_text:p,item_type:h,rec_info:T,display_text:p,rec_reason:a},{send_text:q,item_type:h,rec_info:U,display_text:q,rec_reason:a}],dataSize:V,status_msg:a}}],lowcode_type:"shunda",interface_request_list:[],lowcode_json:{stack:b,visible:c,childLimit:9999,label:ab,type:"thslc\u002Fthslc-common-container",leaf:b,animate:[],version:"1.0.1",script:[],props:[],path:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Fkernel-thslc-resource\u002Fresource\u002Fainvest\u002F0Ae514cfA4\u002Fjs\u002F_thslc-common-container_1.0.1_index.js",isTransparent:c,style:{"background-color":a,"box-shadow":"0px 0px 0px",color:a,width:t,"min-height":"100%",position:ac,height:t},isMaterial:b,id:ab,needTheme:b,hasEditor:b,packed:b,events:[],child:[{readmeUrl:"https:",stack:b,visible:c,customStyle:a,childLimit:e,label:"路径推荐",type:"iwencai\u002FrecommendList",leaf:c,version:"1.12.0",animate:[],url:E,componentUuid:X,script:[{name:ad,id:20240320,content:"return {\r\n  created: function created() {\r\n    this.isActive = !Boolean(this.$parent.$parent.$parent.$parent.$parent.$parent.question);\r\n    var showId ='tkPanel_bottomTag';\r\n  this.buryPointId = showId;\r\n  }\r\n};"}],props:{recommendList:[],isTransparent:c,renderType:"blue"},path:E,meta:{custom_editor_url:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0editor.js",js_url:E},style:{"background-color":a,margin:"-12px 0px -12px 0px",color:a,display:"block",width:t,position:ac,height:t},isMaterial:c,_id:19,id:ad,hasEditor:c,packed:b,events:[],isSetDefaultValue:c}]}},page:{layout:{layout_data:"[{\"uuid\":\"ztxxx06c0a024223920bbbeb1e0926\",\"showType\":\"lowcode\",\"children\":[]}]"},render_for:ae,voice_txt:a,tracking_info:{},uuid:D},order:{is_auto:b,render_for:ae,chart_type:"command",puuid:D}},tag_info_list:[],is_last:c},logs:[],extra:{}},{answer_path:"suggest\u002Finputs",section:{id:10000,info_texts:[],show_type:"choice",choice:[],result_page:{},tag_info_list:[],is_last:c},logs:[],extra:{}},{answer_path:"logs\u002Ftrace_debug",section:{id:1003,info_texts:[],show_type:z,choice:[],result_page:{},tag_info_list:[],is_last:c},logs:[],extra:{action_name:y,with_paid_index:b,no_refresh_answer:b,answer_source:{agent_id:a,agent_name:a,execute_mode:u,answer_chain_name:H},is_deep_research:b,deep_thinking:b,create_time:1746771038360},is_last:c}],questionItem:{data:{qStr:d,encodeFlag:b,imageData:j,docsData:[],quoteData:j},tplType:"question"},events:af,agentId:a,param:{entity_info:{},add_info:{ori_question:d},event_list:af,client_ip:a,question:d,user_id:s,user_name:a,trace_id:f,session_id:f,source:i,input_type:K}}],userId:s,userName:a,startTime:x,mobileType:a,comeFrom:a,textConstants:{},dialogContainer:j,endSignal:b,theme:"white",showTracePopup:b,traceListData:[],chatTraceTargetIndex:e,traceTableData:j,showMask:b}},serverRendered:c,routePath:"\u002Faime\u002Fshare\u002Fwhy-did-tbmcs-operating-expenses-surge-in-q4-2024-88f2db\u002F",config:{_app:{basePath:ag,assetsPath:ag,cdnURL:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Fiwc-aime-seo\u002F"}}}}("",false,true,"Why did TBMC's operating expenses surge in Q4 2024?",0,"eefc57b9-92e0-46a7-a41b-b7be6d2889f0","other\u002FopenAnswer","llm_generated","ths_ainvest_lite_web",null,1,"progress\u002Fsearching_for",1000,"searching_for","🛡️ What are TBMC's major cost components in Q4 2024?","📈 Did TBMC provide any explanations for the surge in operating expenses in Q4 2024?","👮 What is the impact of TBMC's Q4 2024 operating expenses on its profit margins?","STR","dp77449895","auto","agent","intusstock","TBMC Operating Expenses in Q4 2024",1746771029285,"explain news events","signal",2001,"rich_text",".","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","Trailblazer Merger Corporation I (TBMC) did not report any operating expenses in Q4 2024.","select   stock_code,   operating_expenses from   ustock_fin_data where   report_end_date = date('2024y4q')   and stock_code = 'TBMC.O'","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite","stock","185","thinking","The user wants to analyze why TBMC's operating expenses increased significantly in Q4 2024. I should focus on the changes in operating expenses and their analysis in Q4 2024. I will use FinQuery for the data mentioned above; use Search for the reason behind corresponding figures.",999,"Trailblazer Merger Corporation I (TBMC) did not report any operating expenses in Q4 2024[^1]","Trailblazer Merger","2+679_496_21_554+0+0+eefc57b9-92e0-46a7-a41b-b7be6d2889f0+ba7134b138cef0660ebba133949865dd+llm_generated+aimeTagAnalysis+0+0.023889563977718353+1","2+679_496_21_554+0+0+eefc57b9-92e0-46a7-a41b-b7be6d2889f0+86f9807dd73cfffddcfc63e46ea222f9+llm_generated+aimeTagAnalysis+0+0.009269720874726772+2","2+679_496_21_554+0+0+eefc57b9-92e0-46a7-a41b-b7be6d2889f0+06b9d19856231caedaf4b101451a2d83+llm_generated+aimeTagAnalysis+0+0.0074637653306126595+3",3,"recommend_query_list","ztxxx06c0a024223920bbbeb1e0926","send_text","item_type","rec_info","display_text","rec_reason","root","relative","iwencai\u002FrecommendList0326","aigc",Array(0),"\u002F"));</script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/b929a16.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/28ccbec.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/d9802b5.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/2077034.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/1e0f8d6.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/7a5f495.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/921844b.js" defer=""></script>