Recapitalization (Tables)

12 Months Ended

Dec. 31, 2024

Recapitalization [Abstract]

Schedule of Consolidated Statement of Changes in Stockholders’ Deficit

The following table reconciles the elements of the Business Combination to the consolidated statement of changes in stockholders’ deficit for the period ended December 31, 2023:

Cash-trust and cash, net of redemptions		$	241,329
Less: transaction expenses paid			(241,329	)
Net proceeds from the Business Combination			—
Less: recognition of SPAC closing balance sheet			(762,710	)
Reverse recapitalization, net		$	(762,710	)

Schedule of Number of Shares of Common Stock issued immediately following the consummation of the Business Combination

The number of shares of Common Stock issued immediately following the consummation of the Business Combination were:

EFHAC Class A common stock, outstanding prior to the Business Combination			11,500,000
Less: Redemption of EFHAC Class A common stock			(11,477,525	)
Class A common stock of EFHAC			22,475
EFHAC public rights shares outstanding			1,437,500
EFHAC founder shares outstanding			2,875,000
EFHAC private shares outstanding			257,500
EFHAC private rights shares outstanding			32,187
EFHAC shares issued to EF Hutton (underwriter) ⁽¹⁾			750,000
Business Combination shares			5,375,662
ECD Shares			26,500,000
Common Stock immediately after the Business Combination			31,874,662

(1)	Excludes 25,000 shares granted to Ben Piggott which were issued in January 2024, and recorded as a share issuance liability in other payable on the consolidated balance sheet at December 31, 2023.

Schedule of Number of ECD Shares

The number of ECD shares was determined as follows:

		ECD Shares				ECD Shares after conversion ratio
Class A Common Stock (before Defender SPV shares)			100				24,000,000

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

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