v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Measurements [Abstract]  
Schedule of Financial Assets and Liabilities that are Measured at Fair Value on a Recurring Basis The following table presents information about the Company’s financial liabilities that are measured at fair value on a recurring basis as of March 31, 2025 by level within the fair value hierarchy:
   Level 1   Level 2   Level 3 
Liabilities:            
Public Warrants  $
   $1,911,875   $
 
Private Placement Warrants  $
   $1,929,688   $
 

The following table presents information about the Company’s financial liabilities that are measured at fair value on a recurring basis as of March 31, 2024 by level within the fair value hierarchy:

 

   Level 1   Level 2   Level 3 
Liabilities:            
Public Warrants  $
   $301,875   $
 
Private Placement Warrants  $
   $304,688   $
 
Schedule of Change in Fair Value of Warrant Liabilities

The table below shows the change in fair value of the warrant liabilities as of March 31, 2025 and 2024:

 

   Public
Warrants
   Private
Placement
Warrants
   Total 
             
Fair value at January 1, 2025  $100,625   $101,562   $202,187 
Change in fair value   1,811,250    1,828,126    3,639,376 
Fair value as of March 31, 2025  $1,911,875   $1,929,688   $3,841,563 

 

   Public
Warrants
   Private
Placement
Warrants
   Total 
             
Fair value at January 1, 2024  $806,406   $811,094   $1,617,500 
Change in fair value   (501,719)   (509,218)   (1,010,937)
Fair value as of March 31, 2024  $301,875   $304,688   $606,563