v3.25.2
Initial Public Offering (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Iris    
Schedule of common stock reflected on the condensed balance sheets are reconciled

Class A common stock subject to possible redemption as of December 31, 2024

    

$

1,756,468

Less: 2024 adjustment to share price for shares redeemed in December 2024

 

(1,826)

Less: Shares redeemed in March 2025

 

(702,359)

Plus: Remeasurement of carrying value to redemption value

 

37,585

Class A common stock subject to possible redemption as of March 31, 2025

$

1,089,868

Class A common stock subject to possible redemption at January 1, 2023

    

$

15,127,621

Less: Remeasurement of carrying value to redemption value

(420,786)

Less: 2023 adjustment to share price for shares redeemed in December 2022

(298,431)

Less: Shares redeemed in September 2023

(10,358,754)

Class A common stock subject to possible redemption as December 31, 2023

4,049,650

Less: Shares redeemed in 2024

(2,542,064)

Plus: Remeasurement of carrying value to redemption value

248,882

Class A common stock subject to possible redemption as December 31, 2024

$

1,756,468