| Schedule of Earnings Per Share Basic and Diluted |
The following tables reflect the calculation of basic and diluted net income (loss) per ordinary shares for the three months ended March 31, 2025 (in dollars, except per share amounts):
|
|
|
|
|
| |
|
|
|
|
|
$ |
(2,061,897 |
) |
Remeasurement of Class A redeemable shares to redemption value |
|
|
(258,558 |
) |
|
|
|
|
|
Net loss including remeasurement of temporary equity to redemption value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the Three Months Ended
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
1,372,687 |
|
|
|
4,743,749 |
|
|
|
1 |
|
Basic and diluted net loss per share Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net loss including remeasurement of temporary equity to redemption value based on ownership percentage |
|
|
(520,770 |
) |
|
|
(1,799,685 |
) |
|
|
0 |
|
Deemed dividend for remeasurement of temporary equity to redemption value |
|
|
258,558 |
|
|
|
— |
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net income (loss) allocated by class |
|
|
|
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares outstanding |
|
|
1,372,687 |
|
|
|
4,743,749 |
|
|
|
1 |
|
Basic and diluted net loss per share |
|
$ |
(0.19 |
) |
|
$ |
(0.38 |
) |
|
$ |
(0.38 |
) | The following tables reflect the calculation of basic and diluted net income (loss) per ordinary shares for the three months ended March 31, 2024 (in dollars, except per share amounts):
|
|
|
|
|
| |
|
|
|
|
|
$ |
148,092 |
|
Remeasurement of Class A redeemable shares to redemption value |
|
|
(889,342 |
) |
|
|
|
|
|
Net loss including remeasurement of temporary equity to redemption value |
|
$ |
(741,250 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the Three Months Ended
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
4,772,187 |
|
|
|
4,743,749 |
|
|
|
1 |
|
Basic and diluted net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net loss including remeasurement of temporary equity to redemption value based on ownership percentage |
|
|
(371,733 |
) |
|
|
(369,517 |
) |
|
|
0 |
|
Deemed dividend for remeasurement of temporary equity to redemption value |
|
|
889,342 |
|
|
|
— |
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net income (loss) allocated by class |
|
$ |
517,609 |
|
|
$ |
(369,517 |
) |
|
$ |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares outstanding |
|
|
4,772,187 |
|
|
|
4,743,749 |
|
|
|
1 |
|
Basic and diluted net loss per shares |
|
$ |
0.11 |
|
|
$ |
(0.08 |
) |
|
$ |
(0.08 |
) |
|
The following tables reflect the calculation of basic and diluted net income (loss) per ordinary shares for the year ended December 31, 2024 (in dollars, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income |
|
$ |
172,315 |
|
| Less: Remeasurement of Class A redeemable shares to redemption value |
|
|
(2,672,507 |
) |
|
|
|
|
|
Net loss including remeasurement of temporary equity to redemption value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total number of shares |
|
|
1,372,687 |
|
|
|
4,743,749 |
|
|
|
1 |
|
Basic and diluted net income
(loss) per share |
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net loss including
remeasurement of temporary
equity to redemption value
based on ownership percentage |
|
$ |
(1,010,596 |
) |
|
$ |
(1,489,596 |
) |
|
$ |
(0 |
) |
Deemed dividend for
remeasurement of temporary
equity to redemption value |
|
|
2,672,507 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net income (loss) allocated by class |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares
outstanding |
|
|
3,527,561 |
|
|
|
4,743,749 |
|
|
|
1 |
|
| Basic and diluted net income
(loss) per share |
|
$ |
0.47 |
|
|
$ |
(0.31 |
) |
|
|
(0.31 |
) | The following tables reflect the calculation of basic and diluted net income (loss) per ordinary shares for the year ended December 31, 2023 (in dollars, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income |
|
$ |
4,626,782 |
|
| Less: Remeasurement of Class A redeemable shares to redemption value |
|
|
(6,695,220 |
) |
|
|
|
|
|
Net loss including remeasurement of temporary equity to redemption value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total number of shares |
|
|
4,772,187 |
|
|
|
4,743,749 |
|
|
|
1 |
|
Basic and diluted net income
(loss) per share |
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net loss including
remeasurement of temporary
equity to redemption value
based on ownership percentage |
|
$ |
(1,293,986 |
) |
|
$ |
(617,240 |
) |
|
$ |
(157,212 |
) |
Deemed dividend for
remeasurement of temporary
equity to redemption value |
|
|
6,695,220 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net income (loss) allocated
by class |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares
outstanding |
|
|
12,826,933 |
|
|
|
2,222,414 |
|
|
|
2,521,336 |
|
| Basic and diluted net income
(loss) per share |
|
$ |
0.42 |
|
|
$ |
(0.28 |
) |
|
|
(0.06 |
) |
|