v3.25.4
Condensed Consolidated Statements of Changes in Shareholders' Equity
Common Stock [Member]
Cayson Acquisition Corp [Member]
USD ($)
shares
Common Stock [Member]
North Water Investment Group Holdings Limited [Member]
HKD ($)
shares
Additional Paid-in Capital [Member]
Cayson Acquisition Corp [Member]
USD ($)
Additional Paid-in Capital [Member]
North Water Investment Group Holdings Limited [Member]
HKD ($)
Additional Paid-in Capital [Member]
Mango Financial Group Limited [Member]
USD ($)
Additional Paid-in Capital [Member]
Mango Financial Group Limited [Member]
HKD ($)
Retained Earnings [Member]
Cayson Acquisition Corp [Member]
USD ($)
Retained Earnings [Member]
North Water Investment Group Holdings Limited [Member]
HKD ($)
Retained Earnings [Member]
Mango Financial Group Limited [Member]
USD ($)
Retained Earnings [Member]
Mango Financial Group Limited [Member]
HKD ($)
Total Shareholders Equity [Member]
Cayson Acquisition Corp [Member]
USD ($)
Total Shareholders Equity [Member]
North Water Investment Group Holdings Limited [Member]
HKD ($)
Total Shareholders Equity [Member]
Mango Financial Group Limited [Member]
USD ($)
Total Shareholders Equity [Member]
Mango Financial Group Limited [Member]
HKD ($)
Class A Ordinary Shares [Member]
Mango Financial Group Limited [Member]
USD ($)
shares
Class A Ordinary Shares [Member]
Mango Financial Group Limited [Member]
HKD ($)
shares
Balance at Dec. 31, 2022     $ 100,000,000       $ (95,075,192)       $ 4,924,808        
Balance, shares at Dec. 31, 2022 | shares [1]   21,052,632                            
Net income (loss)           (1,074,799)       (1,074,799)        
Capital contribution     30,000,000             30,000,000        
Balance at Dec. 31, 2023     130,000,000   $ 129,967,242   (96,149,991)   $ (96,149,991)   33,850,009   $ 33,850,009   $ 32,758
Balance, shares at Dec. 31, 2023 | shares   21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Net income (loss)                 4,507,888       4,507,888  
Capital reduction           (23,000,000)             (23,000,000)  
Balance at Jun. 30, 2024 $ 183   $ 156,817     106,967,242 $ (59,919)     (91,642,103) $ 97,081     15,357,897   $ 32,758
Balance, shares at Jun. 30, 2024 | shares 1,825,000                           42,105,264 [2] 42,105,264 [2]
Balance at Dec. 31, 2023     130,000,000   129,967,242   (96,149,991)   (96,149,991)   33,850,009   33,850,009   $ 32,758
Balance, shares at Dec. 31, 2023 | shares   21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Net income (loss)           3,347,275       3,347,275        
Capital reduction     (30,000,001)             (30,000,001)        
Balance at Dec. 31, 2024 $ 183 99,999,999   99,967,241 (1,542,300) (92,802,716)   (92,802,716) (1,542,117) 7,197,283   7,197,283   $ 32,758
Balance, shares at Dec. 31, 2024 | shares 1,830,000 21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Balance at May. 26, 2024                        
Balance, shares at May. 26, 2024 | shares                              
Net income (loss)         (59,919)       (59,919)          
Ordinary shares issued to Sponsor $ 173   24,827             25,000          
Ordinary shares issued to Sponsor, shares | shares 1,725,000                              
Shares Issued to EBC $ 10   131,990             132,000          
Shares Issued to EBC, shares | shares 100,000                              
Balance at Jun. 30, 2024 $ 183   156,817     106,967,242 (59,919)     (91,642,103) 97,081     15,357,897   $ 32,758
Balance, shares at Jun. 30, 2024 | shares 1,825,000                           42,105,264 [2] 42,105,264 [2]
Balance at May. 26, 2024                        
Balance, shares at May. 26, 2024 | shares                              
Balance at Sep. 30, 2024 $ 206         (1,413,164)       (1,412,958)          
Balance, shares at Sep. 30, 2024 | shares 2,055,000                              
Balance at May. 26, 2024                        
Balance, shares at May. 26, 2024 | shares                              
Subsequent measurement of common stock subject to possible redemption   (23)       (752,056)       (752,079)          
Net income (loss)         475,489       475,489          
Ordinary shares issued to Sponsor $ 173   24,827             25,000          
Ordinary shares issued to Sponsor, shares | shares 1,725,000                              
Shares Issued to EBC $ 10   131,990             132,000          
Shares Issued to EBC, shares | shares 100,000                              
Proceeds from sale of public units $ 600   59,999,400             60,000,000          
Proceeds from sale of public units, shares | shares 6,000,000                              
Proceeds from sale of 230,000 private units $ 23   2,299,977             2,300,000          
Proceeds from sale of private units, shares | shares 230,000                              
Allocation of offering costs to ordinary shares subject to possible redemption     (3,722,527)             (3,722,527)          
Initial classification of ordinary shares subject to redemption to temporary equity $ (600)   (59,279,400)             (59,280,000)          
Initial classification of ordinary shares subject to redemption to temporary equity, shares | shares (6,000,000)                              
Allocation of offering costs to ordinary shares subject to redemption   3,974,257             3,974,257          
Accretion of additional paid in capital to accumulated deficit   (3,428,524)       (1,265,733)       (4,694,257)          
Forfeiture of ordinary shares $ (23)   23                      
Forfeiture of ordinary shares, shares | shares (225,000)                              
Balance at Dec. 31, 2024 $ 183 99,999,999   99,967,241 (1,542,300) (92,802,716)   (92,802,716) (1,542,117) 7,197,283   7,197,283   $ 32,758
Balance, shares at Dec. 31, 2024 | shares 1,830,000 21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Balance at Jun. 30, 2024 $ 183   156,817     106,967,242 (59,919)     (91,642,103) 97,081     15,357,897   $ 32,758
Balance, shares at Jun. 30, 2024 | shares 1,825,000                           42,105,264 [2] 42,105,264 [2]
Subsequent measurement of common stock subject to possible redemption         (56,234)       (56,234)          
Net income (loss)         (31,278)       (31,278)          
Proceeds from sale of public units $ 600   59,999,400             60,000,000          
Proceeds from sale of public units, shares | shares 6,000,000                              
Proceeds from sale of 230,000 private units $ 23   2,299,977             2,300,000          
Proceeds from sale of private units, shares | shares 230,000                              
Allocation of offering costs to ordinary shares subject to possible redemption   (3,722,527)             (3,722,527)          
Initial classification of ordinary shares subject to redemption to temporary equity $ (600)   (59,279,400)             (59,280,000)          
Initial classification of ordinary shares subject to redemption to temporary equity, shares | shares (6,000,000)                              
Allocation of offering costs to ordinary shares subject to redemption   3,974,257             3,974,257          
Accretion of additional paid in capital to accumulated deficit   (3,428,524)       (1,265,733)       (4,694,257)          
Balance at Sep. 30, 2024 $ 206         (1,413,164)       (1,412,958)          
Balance, shares at Sep. 30, 2024 | shares 2,055,000                              
Balance at Dec. 31, 2024 $ 183 99,999,999   99,967,241 (1,542,300) (92,802,716)   (92,802,716) (1,542,117) 7,197,283   7,197,283   $ 32,758
Balance, shares at Dec. 31, 2024 | shares 1,830,000 21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Subsequent measurement of common stock subject to possible redemption         (636,174)       (636,174)          
Net income (loss)         404,677       404,677          
Balance at Mar. 31, 2025 $ 183         (1,773,797)       (1,773,614)          
Balance, shares at Mar. 31, 2025 | shares 1,830,000                              
Balance at Dec. 31, 2024 $ 183 99,999,999   99,967,241 (1,542,300) (92,802,716)   (92,802,716) (1,542,117) 7,197,283   7,197,283   $ 32,758
Balance, shares at Dec. 31, 2024 | shares 1,830,000 21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Net income (loss)                 3,892,810       3,892,810  
Capital contribution           10,000,000             10,000,000  
Balance at Jun. 30, 2025 $ 183   154,377   $ 14,062,308 109,967,241 (2,030,252)   $ (11,369,555) (88,909,906) (1,875,692)   $ 2,696,942 21,090,093 $ 4,189 $ 32,758
Balance, shares at Jun. 30, 2025 | shares 1,830,000                           42,105,264 [2] 42,105,264 [2]
Balance at Dec. 31, 2024 $ 183 $ 99,999,999   99,967,241 (1,542,300) $ (92,802,716)   (92,802,716) (1,542,117) $ 7,197,283   7,197,283   $ 32,758
Balance, shares at Dec. 31, 2024 | shares 1,830,000 21,052,632 [1]                         42,105,264 [2] 42,105,264 [2]
Balance at Sep. 30, 2025 $ 183         (2,581,960)       (2,581,777)          
Balance, shares at Sep. 30, 2025 | shares 1,830,000                              
Balance at Mar. 31, 2025 $ 183         (1,773,797)       (1,773,614)          
Balance, shares at Mar. 31, 2025 | shares 1,830,000                              
Subsequent measurement of common stock subject to possible redemption         (640,013)       (640,013)          
Net income (loss)         383,558       383,558          
Contribution of transaction cost   154,377             154,377          
Balance at Jun. 30, 2025 $ 183   154,377   $ 14,062,308 $ 109,967,241 (2,030,252)   $ (11,369,555) $ (88,909,906) (1,875,692)   $ 2,696,942 $ 21,090,093 $ 4,189 $ 32,758
Balance, shares at Jun. 30, 2025 | shares 1,830,000                           42,105,264 [2] 42,105,264 [2]
Subsequent measurement of common stock subject to possible redemption   (280,725)       (367,314)       (648,039)          
Net income (loss)         415,606       415,606          
Contribution of transaction cost   126,348             126,348          
Extension funds attributable to ordinary shares subject to redemption         (600,000)       (600,000)          
Balance at Sep. 30, 2025 $ 183         $ (2,581,960)       $ (2,581,777)          
Balance, shares at Sep. 30, 2025 | shares 1,830,000                              
[1] Retroactively
[2] Retroactively restated for effect of share reorganization (see Note 1)