v3.25.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies [Abstract]  
Schedule of Common Stock Reflected on the Consolidated Balance Sheets

The shares of common stock reflected on the consolidated balance sheets are reconciled on the following table:

Redeemable ordinary shares subject to possible redemption at December 31, 2022

 

$

79,514,266

 

Less:

 

 

 

 

Redemptions

 

 

(58,351,987

)

Plus:

 

 

 

 

Accretion of carrying value to redemption value

 

 

2,688,399

 

Redeemable ordinary shares subject to possible redemption at December 31, 2023

 

$

23,850,678

 

Less:

 

 

 

 

Redemption of Common Stock

 

 

(12,219,791

)

Plus:

 

 

 

 

Accretion of carrying value to redemption value

 

 

514,400

 

Redeemable ordinary shares subject to possible redemption at December 31, 2024

 

$

12,145,287

 

Schedule of Basic and Diluted Net Loss Per Common Share

The following table reflects the calculation of basic and diluted net loss per common share (in dollars, except per share amounts):

 

For the Year Ended December 31,

   

2024

 

2023

   

Redeemable

 

Non-
redeemable

 

Redeemable

 

Non-
redeemable

Basic and diluted net loss per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net loss

 

$

(373,285

)

 

$

(526,642

)

 

$

(35,114

)

 

$

(19,208

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average shares outstanding

 

 

1,618,885

 

 

 

2,283,976

 

 

 

4,175,166

 

 

 

2,283,976

 

Basic and diluted net loss per common share

 

$

(0.23

)

 

$

(0.23

)

 

$

(0.01

)

 

$

(0.01

)