Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
General and administrative expenses $ 1,278,781 $ 999,143
Franchise tax expense 66,095 200,400
Loss from operations (1,344,876) (1,199,543)
Other (expense) income:    
Interest income from operating account 11,574 1,945
Interest and penalties (330,967)
Change in fair value of derivative liability (928,751) (3,112,640)
Income from cash held in Trust Account 690,591 5,823,923
Total other (expense) income (557,553) 2,713,228
Net (loss) income before income taxes (1,902,429) 1,513,685
Income tax expense (133,575) (1,181,348)
Net (loss) income $ (2,036,004) $ 332,337
Redeemable Class A Common Stock    
Other (expense) income:    
Weighted average shares outstanding of Basic (in Shares) 1,243,542 13,810,919
Weighted average shares outstanding of Diluted (in Shares) 1,243,542 13,810,919
Basic net (loss) income per share (in Dollars per share) $ (0.16) $ 0.01
Diluted net (loss) income per share (in Dollars per share) $ (0.16) $ 0.01
Non-Redeemable Class A and Class B Common Stock    
Other (expense) income:    
Weighted average shares outstanding of Basic (in Shares) 11,800,000 10,450,000
Weighted average shares outstanding of Diluted (in Shares) 11,800,000 10,450,000
Basic net (loss) income per share (in Dollars per share) $ (0.16) $ 0.01
Diluted net (loss) income per share (in Dollars per share) $ (0.16) $ 0.01