| Schedule of Net Income (Loss) Per Share |
The net income (loss) per share presented in the statement s
of operations is based on the following:
| | |
For the
Three Months Ended
June 30,
2025 | | |
For the
Three Months Ended
June 30,
2024 | |
| Net (loss) income | |
$ | (235,827 | ) | |
$ | 22,595 | |
| Accretion of redeemable common stock to redemption value | |
| (293,996 | ) | |
| (785,092 | ) |
| Net loss including accretion of redeemable common stock to redemption value | |
$ | (529,823 | ) | |
$ | (762,497 | ) |
| | |
For the Three Months Ended | | |
For the Three Months Ended | |
| | |
June 30, 2025 | | |
June 30, 2024 | |
| | |
Redeemable | | |
Non-
Redeemable | | |
Redeemable | | |
Non-
Redeemable | |
| | |
Common
Stock | | |
Common
Stock | | |
Common
Stock | | |
Common
Stock | |
| Basic and diluted net loss per share: | |
| | |
| | |
| | |
| |
| Numerators: | |
| | |
| | |
| | |
| |
| Allocation of net loss | |
$ | (232,511 | ) | |
| (297,312 | ) | |
$ | (544,732 | ) | |
$ | (217,765 | ) |
| Accretion of initial and subsequent measurement of common stock subject to redemption value | |
| 293,996 | | |
| - | | |
| 785,092 | | |
| - | |
| Allocation of net income (loss) | |
$ | 61,485 | | |
| (297,312 | ) | |
$ | 240,360 | | |
$ | (217,765 | ) |
| Denominators: | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 1,443,844 | | |
| 1,846,250 | | |
| 4,618,319 | | |
| 1,846,250 | |
| Basic and diluted net income (loss) per share | |
$ | 0.04 | | |
| (0.16 | ) | |
$ | 0.05 | | |
$ | (0.12 | ) |
|