| Schedule of Basic and Diluted Net Income Per Common Share |
The
following table reflects the calculation of basic and diluted net income (loss) per common share:
Schedule of Basic and Diluted Net Income Per Common Share
| | |
For the Three Months Ended June
30, 2025 | | |
For the Three Months Ended June
30, 2024 | |
| Redeemable common stock subject to possible redemption | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) attributable to redeemable common stock subject to possible redemption | |
$ | (275,883 | ) | |
$ | 419,857 | |
| Denominator: Weighted average common stock subject to possible redemption | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, common stock subject to possible redemption | |
| 1,700,703 | | |
| 6,900,000 | |
| Basic and diluted net income (loss) per share, redeemable common stock | |
$ | (0.16 | ) | |
$ | 0.06 | |
| | |
| | | |
| | |
| Non-redeemable common stock | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) | |
$ | (607,950 | ) | |
$ | 544,417 | |
| Less: Net income (loss) attributable to common stock subject to possible redemption | |
$ | (275,883 | ) | |
$ | 419,857 | |
| Net income (loss) attributable to non-redeemable common stock | |
$ | (332,067 | ) | |
$ | 124,560 | |
| Denominator: Weighted average non-redeemable common stock | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, non-redeemable common stock | |
| 2,047,045 | | |
| 2,047,045 | |
| Basic and diluted net income (loss) per share, non-redeemable common stock | |
$ | (0.16 | ) | |
$ | 0.06 | |
| | |
For the Six Months Ended June
30, 2025 | | |
For the Six Months Ended June
30, 2024 | |
| Redeemable common stock subject to possible redemption | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) attributable to redeemable common stock subject to possible redemption | |
$ | (394,941 | ) | |
$ | 891,606 | |
| Denominator: Weighted average common stock subject to possible redemption | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, common stock subject to possible redemption | |
| 1,987,957 | | |
| 6,900,000 | |
| Basic and diluted net income (loss) per share, redeemable common stock | |
$ | (0.20 | ) | |
$ | 0.13 | |
| | |
| | | |
| | |
| Non-redeemable common stock | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) | |
$ | (801,621 | ) | |
$ | 1,156,121 | |
| Less: Net income (loss) attributable to common stock subject to possible redemption | |
$ | (394,941 | ) | |
$ | 891,606 | |
| Net income (loss) attributable to non-redeemable common stock | |
$ | (406,680 | ) | |
$ | 264,515 | |
| Denominator: Weighted average non-redeemable common stock | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, non-redeemable common stock | |
| 2,047,045 | | |
| 2,047,045 | |
| Basic and diluted net income (loss) per share, non-redeemable common stock | |
$ | (0.20 | ) | |
$ | 0.13 | |
|