STATEMENTS OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | |
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Mar. 31, 2025 |
Mar. 31, 2024 |
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Income Statement [Abstract] | ||
Formation, general and administrative expenses | $ (162,071) | $ (75,788) |
Other income: | ||
Interest and dividends earned on cash and investments held in Trust Account | 739,769 | |
Total other income, net | 739,769 | |
Income (loss) before income taxes | 577,698 | (75,788) |
Income taxes | ||
NET INCOME (LOSS) | $ 577,698 | $ (75,788) |
Basic and diluted weighted average shares outstanding, ordinary shares subject to possible redemption | 6,900,000 | |
Basic and diluted net income per ordinary shares subject to possible redemption | $ 0.07 | |
Basic and diluted weighted average shares outstanding, ordinary shares attributable to Flag Ship Acquisition Corporation | 1,963,000 | 1,500,000 |
Basic and diluted net income (loss), ordinary shares attributable to Flag Ship Acquisition Corporation | $ 0.07 | $ (0.05) |
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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