FINANCIAL INCOME AND EXPENSES |
12 Months Ended |
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Dec. 31, 2025 | |
| Investments, All Other Investments [Abstract] | |
| FINANCIAL INCOME AND EXPENSES | NOTE 9 – FINANCIAL INCOME AND EXPENSES
Financial income represents interest earned on funds in the Trust account (see Note 2d), which amounted to $337,000 and $1,016,000 for the years ended December 31, 2025 and 2024, respectively.
Financial expenses amounted to $144,000 for the year ended December 31, 2025, consisting of $71,000 on the Sponsor loan (see Note 6) and $73,000 on the Promissory notes (see Note 7), and $304,000 for the year ended December 31, 2024, consisting of $26,000 on the Sponsor loan (see Note 6) and $278,000 on the Promissory notes (see Note 7).
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