v3.25.2
Fair Value Measurements (Tables)
 3 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of liabilities measured at fair value on a recurring basis
                               
June 30, 2025   Level 1     Level 2     Level 3     Total  
Liabilities:                                
Forward Purchase Agreement put option liability   $ -     $ -     $ 3,780     $ 3,780  
Public Warrants     331       -       -       331  
Private Placement Warrants     -       -       275       275  
Total liabilities   $ 331     $ -     $ 4,055     $ 4,386  

 

March 31, 2025   Level 1     Level 2     Level 3     Total  
Liabilities:                                
Forward Purchase Agreement put option liability   $ -     $ -     $ 5,034     $ 5,034  
Public Warrants     344       -       -       344  
Private Placement Warrants     -       -       285       285  
Total liabilities   $ 344     $ -     $ 5,319     $ 5,663  
Schedule of purchase agreement
       
Expected Term (Years)     0.5 years  
Risk free Interest Rate     4.2 %
Volatility     90 %
Reference Price for one Class A ordinary share   $ 1.2  
Schedule of derivative contract assumptions
       
Term (years)     3.36 years  
Risk-free interest rate     4.20 %
Stock price at measurement date   $ 1.2  
Summary of the changes in the fair value of derivative warrant liabilities
                               
    Forward
Purchase
Agreement
Put Option
Liability		     Public
Warrant
Liability		     Private
Placement
Liability		     Total  
Fair value at April 1, 2025   $ 5,034     $ 344     $ 285     $ 5,663  
Change in fair value (gain) / loss     (1,254 )     (13 )     (10 )     (1,277 )
Fair value as of June 30, 2025   $ 3,780     $ 331     $ 275     $ 4,386