v3.25.2
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Measurement [Abstract]  
Schedule of Company's Assets and Liabilities Measured at Fair Value The Company uses inputs such as actual trade data, benchmark yields, quoted market prices from dealers or brokers, and other similar sources to determine the fair value of its investments in the Mutual Fund.

    

    

Quoted

    

Significant

    

Significant

Prices In

Other

Other

Active

Observable

Unobservable

December 31,

Markets

Inputs

Inputs

2024

    

(Level 1)

    

(Level 2)

    

(Level 3)

Liabilities:

Public Warrants

$

518,219

$

$

$

518,219

Private Warrants

23,568

23,568

Warrant Liabilities

$

541,787

$

$

$

541,787

    

    

Quoted

    

Significant

    

Significant

Prices In

Other

Other

Active

Observable

Unobservable

December 31,

Markets

Inputs

Inputs

2023

    

(Level 1)

    

(Level 2)

    

(Level 3)

Assets:

Mutual Fund held in Trust Account

$

1,746,543

$

1,746,543

$

$

Liabilities:

Public Warrants

 

$

503,125

 

$

 

$

 

$

503,125

Private Warrants

 

22,882

 

 

 

22,882

Warrant Liabilities

 

$

526,007

 

$

 

$

 

$

526,007

Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs

The following table provides quantitative information regarding Level 3 fair value measurements inputs at December 31, 2024 and 2023 measurement dates for Public and Private Warrants:

Measurement Date

    

Range

    

Median

December 31, 2024

$0.015 - $0.100

$

0.036

December 31, 2023

$0.010 - $0.063

$

0.035

Schedule of Fair Value of the Warrant Liabilities, Measured Using Level 3 Inputs

The change in the fair value of the warrant liabilities, measured using Level 3 inputs, for the years ended December 31, 2024 and 2023 is summarized as follows:

    

Warrant

Liabilities

Warrant liabilities at December 31, 2023

$

526,007

Change in fair value of warrant liabilities

 

15,780

Warrant liabilities at December 31, 2024

$

541,787

    

Warrant

Liabilities

Warrant liabilities at December 31, 2022

 

$

20,434

Change in fair value of warrant liabilities

2,448

Transfer to Level 3 from Level 2

 

503,125

Warrant liabilities at December 31, 2023

 

$

526,007