v3.25.4
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
SCHEDULE OF ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS

The following table presents information about the Company’s assets and liabilities that are measured at fair value at December 31, 2025 and 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description  Level  December 31, 2025   Level  December 31, 2024 
Liabilities:                
Private Placement Warrants (1)  Level 2  $96,641   Level 2  $48,321 
Public Warrants (1)  Level 2  $141,603   Level 2  $70,802 
Non-redemption Liability (1)  Level 3  $6,025,173   Level 3  $4,028,008 
Polar Capital Investment Payable  Level 3  $261,520   Level 3  $227,273 

 

(1) Measured at fair value on a recurring basis.
SCHEDULE OF CHANGES IN FAIR VALUE OF WARRANT LIABILITIES

The following table presents the changes in the fair value of warrant liabilities:

 

   Private
Placement		   Public   Warrant
Liabilities		 
             
Fair value as of December 31, 2024  $48,321   $70,802   $119,123 
Change in fair value (1)   48,320    70,801    119,121 
Fair value as of December 31, 2025  $96,641   $141,603   $238,244 

 

   Private
Placement		   Public   Warrant
Liabilities		 
             
Fair value as of December 31, 2023  $238,704   $349,760   $588,464 
Change in fair value (1)   (190,383)   (278,958)   (469,341)
Fair value as of December 31, 2024  $48,321   $70,802   $119,123 

 

(1) Changes in fair value are recognized in change in fair value of derivative warrant liabilities in the accompanying consolidated statements of operations.