| Schedule of Statement of Operations |
The
net income (loss) per share presented in the consolidated statement 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 | |
$ | (198,020 | ) | |
$ | 392,165 | | |
$ | (351,198 | ) | |
$ | 689,185 | |
| Remeasurement to redemption value – interest income earned | |
| (27,884 | ) | |
| (466,313 | ) | |
| (98,526 | ) | |
| (925,152 | ) |
| Remeasurement to redemption value – extension fee | |
| (75,000 | ) | |
| (150,000 | ) | |
| (225,000 | ) | |
| (300,000 | ) |
| Net loss including accretion of temporary equity to redemption value | |
$ | (300,947 | ) | |
$ | (224,148 | ) | |
$ | (674,724 | ) | |
$ | (535,967 | ) |
|
| Schedule of Net Income (Loss) Per Share |
Schedule of Net Income (Loss) Per Share
| Basic and Diluted 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 | |
| Basic and Diluted 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 | |
| Numerators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Allocation of net losses | |
$ | (285,863 | ) | |
$ | (15,041 | ) | |
$ | (112,119 | ) | |
$ | (112,029 | ) | |
$ | (606,677 | ) | |
$ | (68,047 | ) | |
$ | (268,092 | ) | |
$ | (267,875 | ) |
| Accretion of temporary equity | |
| - | | |
| 75,000 | | |
| - | | |
| 150,000 | | |
| - | | |
| 225,000 | | |
| - | | |
| 300,000 | |
| Accretion of temporary equity - interest | |
| - | | |
| 27,884 | | |
| - | | |
| 466,313 | | |
| - | | |
| 98,526 | | |
| - | | |
| 925,152 | |
| Allocation of net income (loss) | |
$ | (285,863 | ) | |
$ | 87,843 | | |
$ | (112,119 | ) | |
$ | 504,284 | | |
$ | (606,677 | ) | |
$ | 255,479 | | |
$ | (268,092 | ) | |
$ | 957,277 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Denominators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 3,205,000 | | |
| 168,639 | | |
| 3,205,000 | | |
| 3,202,416 | | |
| 3,205,000 | | |
| 359,485 | | |
| 3,205,000 | | |
| 3,202,416 | |
| Basic and diluted net income (loss) per share | |
$ | (0.09 | ) | |
$ | 0.52 | | |
$ | (0.03 | ) | |
$ | 0.16 | | |
$ | (0.19 | ) | |
$ | 0.71 | | |
$ | (0.08 | ) | |
$ | 0.30 | |
|