| Schedule of Reconciliation of the (Loss) Income Per Share |
A reconciliation of the (loss) income per share
is below:
| | |
For The
Three Months
Ended
June 30,
2025 | | |
For The
Three Months
Ended
June 30,
2024 | |
| Net (loss) income | |
$ | (1,323,219 | ) | |
$ | 2,048,967 | |
| Accretion of temporary equity in excess of fair value | |
| (844,679 | ) | |
| (2,922,179 | ) |
| Net (loss) income including accretion of temporary equity in excess of fair value | |
$ | (2,167,898 | ) | |
$ | (873,212 | ) |
| | |
For The
Six Months
Ended
June 30,
2025 | | |
For The
Six Months
Ended
June 30,
2024 | |
| Net (loss) income | |
$ | (5,638,668 | ) | |
$ | 3,469,437 | |
| Accretion of temporary equity in excess of fair value | |
| (1,532,106 | ) | |
| (6,258,318 | ) |
| Net (loss) income including accretion of temporary equity in excess of fair value | |
$ | (7,170,774 | ) | |
$ | (2,788,881 | ) |
|
| Schedule of Basic and Diluted Net (Loss) Income Per Share |
| | |
For The Three Months Ended
June 30, 2025 | | |
For The Three Months Ended
June 30, 2024 | |
| | |
Class A - Temporary Equity | | |
Class B | | |
Class A - Temporary Equity | | |
Class B | |
| | |
| | |
| | |
| | |
| |
| Basic and diluted net (loss) income per share | |
| | |
| | |
| | |
| |
| Numerator | |
| | |
| | |
| | |
| |
| Allocation of net (loss) income including accretion of temporary equity in excess of fair value | |
$ | (956,655 | ) | |
$ | (1,211,243 | ) | |
$ | (626,183 | ) | |
$ | (247,029 | ) |
| Deemed dividend for accretion of temporary equity in excess of fair value | |
| 844,679 | | |
| - | | |
| 2,922,179 | | |
| - | |
| Allocation of net (loss) income and deemed dividend | |
$ | (111,976 | ) | |
$ | (1,211,243 | ) | |
$ | 2,295,996 | | |
$ | (247,029 | ) |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted average shares outstanding, basic and diluted | |
| 4,541,424 | | |
| 5,750,000 | | |
| 14,575,382 | | |
| 5,750,000 | |
| Basic and diluted net (loss) income per share | |
$ | (0.02 | ) | |
$ | (0.21 | ) | |
$ | 0.16 | | |
$ | (0.04 | ) |
| | |
For The Six Months Ended
June
30, 2025 | | |
For The Six Months Ended
June 30, 2024 | |
| | |
Class A - Temporary Equity | | |
Class B | | |
Class A - Temporary Equity | | |
Class B | |
| | |
| | |
| | |
| | |
| |
| Basic and diluted net (loss) income per share | |
| | |
| | |
| | |
| |
| Numerator | |
| | |
| | |
| | |
| |
| Allocation of net (loss) income including accretion of temporary equity in excess of fair value | |
$ | (3,164,336 | ) | |
$ | (4,006,438 | ) | |
$ | (2,042,251 | ) | |
$ | (746,630 | ) |
| Deemed dividend for accretion of temporary equity in excess of fair value | |
| 1,532,106 | | |
| - | | |
| 6,258,318 | | |
| - | |
| Allocation of net (loss) income and deemed dividend | |
$ | (1,632,230 | ) | |
$ | (4,006,438 | ) | |
$ | 4,216,067 | | |
$ | (746,630 | ) |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted average shares outstanding, basic and diluted | |
| 4,541,424 | | |
| 5,750,000 | | |
| 15,727,932 | | |
| 5,750,000 | |
| Basic and diluted net (loss) income per share | |
$ | (0.36 | ) | |
$ | (0.70 | ) | |
$ | 0.27 | | |
$ | (0.13 | ) |
|