v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from Operating Activities:    
Net loss $ (861,759) $ (181,323)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of warrant liability 13,804 4,060
Gain on forgiven payables (33,750)
Interest income on Trust Account (34,720) (566,267)
Changes in current assets and current liabilities:    
Prepaid expenses (39)
Income taxes payable 67,461 8,826
Accounts payable and accrued expenses 295,173 199,025
Excise tax payable 127,219
Due to related parties, net 147,500 149,810
Net cash used in operating activities (245,322) (419,658)
Cash flows from Investing Activities:    
Investment of cash into Trust Account (52,408) (250,000)
Redemptions from Trust Account 2,573,762 15,134,429
Withdrawal from Trust Account to pay taxes 94,099 422,094
Net cash provided by investing activities 2,615,453 15,306,523
Cash flows from Financing Activities:    
Redemption of Class A common stock subject to possible redemption (2,573,762) (15,134,429)
Advances from affiliated related parties 215,762
Promissory notes – Evie 29,980
Payment of advances to related parties (21,000) (15,000)
Proceeds from promissory note to new Sponsors 30,000
Net cash used in financing activities (2,379,000) (15,089,449)
Net change in cash (8,869) (202,584)
Cash, beginning of the period 9,754 232,278
Cash, end of the period 885 29,694
Supplemental disclosure of noncash financing activities:    
Accretion of common stock subject to possible redemption to redemption value 70,643 721,241
Redemptions payable 972,722
Excise tax liability accrued for common stock redemptions $ 35,465 $ 151,344