v3.25.1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of reconciliation of the numerator and denominator used to compute basic and diluted net (loss) income per share

The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net (loss) income per share for each class of common stock:

 

Year Ended December 31,

 

 

 

2024

 

2023

 

 

 

Class A

 

 

Class B

 

Class A

 

 

Class B

 

 

 

Redeemable

 

 

Non-Redeemable

 

 

Non-Redeemable

 

Redeemable

 

 

Non-Redeemable

 

 

Non-Redeemable

 

 

 

common stock

 

 

common stock

 

 

common stock

 

common stock

 

 

common stock

 

 

common stock

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income

 

$

(1,176,526

)

 

$

(2,937,005

)

 

$

(1

)

$

660,301

 

 

$

112,586

 

 

$

566,255

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (1)

 

 

4,333,146

 

 

 

10,816,995

 

 

 

5

 

 

10,578,271

 

 

 

1,803,670

 

 

 

9,071,610

 

Basic and diluted net income per share

 

$

(0.27

)

 

$

(0.27

)

 

$

(0.27

)

$

0.06

 

 

$

0.06

 

 

$

0.06

 

(1)
Weighted-average shares outstanding includes common stock subject to redemption.