v3.25.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (899,927) $ (54,322)
Adjustments to reconcile net loss to net cash used in operating activities:    
Income on investments held in Trust Account (808,868) (2,168,659)
Interest and penalties on excise tax payable 13,509
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (13,244) 24,167
Due to affiliates 120,000 88,000
Accounts payable and accrued expenses 83,317 1,027,499
Franchise tax payable (80,000) (83,384)
Income taxes payable 125,950 (180,688)
NET CASH USED IN OPERATING ACTIVITIES (1,459,263) (1,347,387)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash deposited to Trust Account (750,000)
Notes receivable - related party (124,166)
Repayment of notes receivable - related party 124,166
Cash withdrawn from Trust Account in connection with redemption 12,219,791 58,351,987
Cash withdrawn from Trust Account to pay franchise and income taxes 100,373 442,599
NET CASH PROVIDED BY INVESTING ACTIVITIES 12,320,164 58,044,586
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from convertible promissory note - related party 1,299,934
Redemption of common stock - due to shareholders (12,219,791) (58,351,987)
Proceeds from working capital loans - related party 1,191,866
NET CASH USED IN FINANCING ACTIVITIES (11,027,925) (57,052,053)
NET CHANGE IN CASH AND RESTRICTED CASH (167,024) (354,854)
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD 168,209 523,063
CASH AND RESTRICTED CASH, END OF PERIOD 1,185 168,209
Cash 1,185 6,760
Restricted cash 0 161,449
CASH AND RESTRICTED CASH, END OF PERIOD 1,185 168,209
Cash paid during the year for:    
Income tax 12,610 188,177
Franchise tax 249,985 306,155
Supplemental disclosure on non-cash activities:    
Deferred underwriting commission payable
Excise tax on redemption of Class A common stock 122,061 583,520
Accretion for redeemable common stock to redemption value $ 514,400 $ 2,688,399