v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (465,596) $ (768,658) $ (1,271,227) $ (2,648,946)
Adjustments to reconcile net loss to net cash used in operating activities:        
Interest income on investments held in Trust Account (2,625) (38,515) (110,291) (850,641)
Expenses paid by related party     175,323
Finance costs – discount on debt issuance 74,844 235,630 78,039
Subscription expense on event of default subscription share liability change     164,000
Loss on change in fair value of Return of capital subscription shares liability 1,600 (16,400)
Changes in operating assets and liabilities:        
Prepaid expenses and other assets 27,976 5,200 (40,080) (41,585)
Prepaid income taxes 64 169,727 (9,628) (601,348)
Due to related party 10,000 10,000
Due from Sponsor     (15,510)
Accounts payable and accrued expenses 246,947 410,841 1,088,726 1,687,600
Franchise tax payable     (75,086)
Income tax payable     (1,540,792)
Excise tax payable     (888,340) 888,340
Net cash used in operating activities (191,634) (136,561) (837,610) (2,944,606)
CASH FLOWS FROM INVESTING ACTIVITIES        
Cash deposited into Trust Account (1,493) (18,610) (51,615) (358,003)
Cash withdrawn from Trust Account in connection with redemption     3,335,294 21,677,622
Cash withdrawn from Trust Account to pay franchise and income taxes     195,437 252,108
Net cash used in investing activities (1,493) (18,610) 3,479,116 21,571,727
CASH FLOWS FROM FINANCING ACTIVITIES        
Reimbursements to related party     (54,314)
Redemptions of Class A common stock     (3,335,294) (21,677,622)
Proceeds from promissory note – related party 500,000 500,000 1,000,000
Proceeds from Polar Subscription Agreement     400,000
Proceeds from convertible note – related party     422,182
Net cash used in financing activities 500,000 (2,435,294) (20,309,754)
NET CHANGE IN CASH AND CASH EQUIVALENTS (193,127) 344,829 206,212 (1,682,633)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 348,472 142,260 142,260 1,824,893
CASH AND CASH EQUIVALENTS, END OF PERIOD 155,345 487,089 348,472 142,260
CASH AND RESTRICTED CASH AND CASH EQUIVALENTS, END OF YEAR        
Cash and cash equivalents     348,472 142,260
Cash and cash equivalents – restricted    
CASH AND RESTRICTED CASH AND CASH EQUIVALENTS, END OF YEAR $ 155,345 $ 487,089 348,472 142,260
Cash paid during the year for:        
Income tax paid     2,199,449
SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES:        
Excise tax payable attributable to redemption of Class A common stock     216,777
Class A common stock to be transferred to fund promissory note     162,894
Reversal of excise tax payable attributable to redemption of Class A common stock     $ 2,612,826