v3.25.2
Unaudited Consolidated Condensed Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net (loss) income $ (11,558,133) $ 1,252,442
Adjustments to reconcile net (loss) income to cash used in operating activities:    
Interest expense 216,722
Change in fair value of conversion event feature 17,991
Interest and income earned on cash and Trust Account investments (56,552) (946,259)
Change in fair value of warrant liabilities 9,488,000 (1,045,000)
Changes in Operating Assets and Liabilities:    
Prepaid expenses (6,918)
Excise tax interest and penalties 398,435
Accounts payable and accrued expenses 176,976 70,896
Accrued franchise tax (13,283) (11,200)
Income tax payable 8,936 253,013
Net Cash Used in Operating Activities (1,320,908) (433,026)
Cash Flows from Investing Activities:    
Cash deposited into Trust Account (210,000) (390,000)
Cash withdrawn from Trust Account for payment to redeeming stockholders 2,765,802 50,312,460
Transfer of funds held in Trust Account for payment of taxes 72,283 83,253
Net Cash Provided by Investing Activities 2,628,085 50,005,713
Cash Flows from Financing Activities:    
Proceeds from Note Payable—Sponsor 390,000
Proceeds from Note Payable—related party 1,450,000 350,710
Repayment of promissory note - related party (11,000)
Payment to redeeming stockholders (2,765,802) (50,312,460)
Net Cash Used in Financing Activities (1,326,802) (49,571,750)
Net Change in Cash (19,625) 937
Cash – Beginning of Period 39,938 189
Cash – End of Period 20,313 1,126
Supplemental Disclosure of Noncash Investing and Financing Activities:    
Remeasurement of Common Stock subject to redemption 237,957 1,128,680
Accrued excise tax on Common Stock redemptions 30,267 509,757
Payable to redeeming stockholders $ 233,624 $ 395,138