| Schedule of Statement of Operations |
The
net (loss) income per share presented in the statements of operations is based on the following:
Schedule of Statement of Operations
| | |
For the Three Months Ended
June 30, 2025 | | |
For the Three Months Ended
June 30, 2024 | | |
For the Six Months Ended
June 30, 2025 | | |
For the Six Months Ended
June 30, 2024 | |
| Net (loss) income | |
$ | (137,495 | ) | |
$ | 738,105 | | |
$ | (338,262 | ) | |
$ | 1,462,150 | |
| Remeasurement to redemption value – interest income earned | |
| (4,881 | ) | |
| (848,628 | ) | |
| (27,926 | ) | |
| (1,811,605 | ) |
| Remeasurement to redemption value – extension fee | |
| (105,000 | ) | |
| (210,000 | ) | |
| (210,000 | ) | |
| (420,000 | ) |
| Net loss including accretion of temporary equity to redemption value | |
$ | (247,376 | ) | |
$ | (320,523 | ) | |
$ | (576,188 | ) | |
$ | (769,455 | ) |
|
| Schedule of Net Income (Loss) Per Share |
Schedule
of Net Income (Loss) Per Share
| | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | |
| | |
Three Months Ended of
June 30, 2025 | | |
Three Months Ended of
June 30, 2024 | | |
Six Months ended
June 30, 2025 | | |
Six Months ended
June 30, 2024 | |
| | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | |
| Basic and Diluted net income (loss) per share: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Numerators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Allocation of net losses | |
$ | (245,639 | ) | |
$ | (1,737 | ) | |
$ | (114,798 | ) | |
$ | (205,725 | ) | |
$ | (572,142 | ) | |
$ | (4,046 | ) | |
$ | (270,081 | ) | |
$ | (499,374 | ) |
| Accretion of temporary equity | |
| - | | |
| 105,000 | | |
| - | | |
| 210,000 | | |
| - | | |
| 210,000 | | |
| - | | |
| 420,000 | |
| Accretion of temporary equity - interest | |
| - | | |
| 4,881 | | |
| - | | |
| 848,628 | | |
| - | | |
| 27,926 | | |
| - | | |
| 1,811,605 | |
| Allocation of net income (loss) | |
$ | (245,639 | ) | |
$ | 108,144 | | |
$ | (114,798 | ) | |
$ | 852,903 | | |
$ | (572,142 | ) | |
$ | 233,880 | | |
$ | (270,081 | ) | |
$ | 1,732,231 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Denominators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 3,205,000 | | |
| 22,664 | | |
| 3,205,000 | | |
| 5,743,580 | | |
| 3,205,000 | | |
| 22,664 | | |
| 3,205,000 | | |
| 5,925,993 | |
| Basic and diluted net income (loss) per share | |
$ | (0.08 | ) | |
$ | 4.77 | | |
$ | (0.04 | ) | |
$ | 0.15 | | |
$ | (0.18 | ) | |
$ | 10.32 | | |
$ | (0.08 | ) | |
$ | 0.29 | |
|