| Schedule of Basic and Diluted Net Income Per Common Share |
The
following table reflects the calculation of basic and diluted net income (loss) per common share:
Schedule of Basic and Diluted Net Income Per Common Share
| | |
For the Three Months Ended June 30, 2026 | | |
For the Three Months Ended June 30, 2025 | |
| Redeemable common stock subject to possible redemption | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) attributable to redeemable common stock subject to possible redemption | |
$ | 401,563 | | |
$ | (275,883 | ) |
| Denominator: Weighted average common stock subject to possible redemption | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, common stock subject to possible redemption | |
| 1,700,703 | | |
| 1,700,703 | |
| Basic and diluted net income (loss) per share, redeemable common stock | |
$ | 0.24 | | |
$ | (0.16 | ) |
| | |
| | | |
| | |
| Non-redeemable common stock | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) | |
$ | 884,904 | | |
$ | (607,950 | ) |
| Less: Net income (loss) attributable to common stock subject to possible redemption | |
$ | 401,563 | | |
$ | (275,883 | ) |
| Net income (loss) attributable to non-redeemable common stock | |
$ | 483,341 | | |
$ | (332,067 | ) |
| Denominator: Weighted average non-redeemable common stock | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, non-redeemable common stock | |
| 2,047,045 | | |
| 2,047,045 | |
| Basic and diluted net income (loss) per share, non-redeemable common stock | |
$ | 0.24 | | |
$ | (0.16 | ) |
| | |
For the Six Months Ended June 30, 2026 | | |
For the Six Months Ended June 30, 2025 | |
| Redeemable common stock subject to possible redemption | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) attributable to redeemable common stock subject to possible redemption | |
$ | 395,428 | | |
$ | (394,941 | ) |
| Denominator: Weighted average common stock subject to possible redemption | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, common stock subject to possible redemption | |
| 1,700,703 | | |
| 1,987,957 | |
| Basic and diluted net income (loss) per share, redeemable common stock | |
$ | 0.23 | | |
$ | (0.20 | ) |
| | |
| | | |
| | |
| Non-redeemable common stock | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net income (loss) | |
$ | 871,383 | | |
$ | (801,621 | ) |
| Less: Net income (loss) attributable to common stock subject to possible redemption | |
$ | 395,428 | | |
$ | (394,941 | ) |
| Net income (loss) attributable to non-redeemable common stock | |
$ | 475,955 | | |
$ | (406,680 | ) |
| Denominator: Weighted average non-redeemable common stock | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding, non-redeemable common stock | |
| 2,047,045 | | |
| 2,047,045 | |
| Basic and diluted net income (loss) per share, non-redeemable common stock | |
$ | 0.23 | | |
$ | (0.20 | ) |
|