v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ (4,113,532) $ 1,339,142
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on cash and marketable securities held in Trust Account (2,465,138) (5,751,596)
Penalties and interest on excise taxes 310,728  
Change in fair value of derivative liability - Non-Redemption Agreement 1,084,963  
Changes in current assets and liabilities:    
Prepaid expenses and other current assets   186,532
Accrued expenses 2,722,517 1,618,895
Franchise tax payable 200,000 35,800
Income tax payable (510,465) 235,886
Net cash used in operating activities (2,770,927) (2,335,341)
Cash flows from investing activities:    
Cash withdrawn from Trust Account used to pay franchise and income taxes 664,839 1,314,246
Principal deposits into Trust Account for Extension (1,639,296) (130,370)
Restricted Cash   843,313
Due from Sponsor   318,888
Cash withdrawn from Trust Account in connection with redemptions 2,774,658 227,776,035
Net cash provided by investing activities 1,800,201 230,122,112
Cash flows from financing activities:    
Proceeds from advances from Sponsor 2,971,258  
Proceeds from convertible promissory note - related party 689,655 810,345
Redemptions of Common Stock (2,774,658) (227,776,035)
Net cash provided by (used in) financing activities 886,255 (226,965,690)
Net change in cash and restricted cash (84,471) 821,081
Cash and restricted cash - beginning of period 843,313 22,232
Cash and restricted cash - end of period 758,842 843,313
Supplemental cash flow disclosures;    
Cash paid for income taxes 1,027,644 791,758
Supplemental non-cash disclosures;    
Excise tax liability arising from redemption of Class A shares 27,747 2,523,150
Accretion of Class A common stock subject to possible redemption $ 3,380,995 $ 4,510,051