v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Formation and operation costs $ 191,749 $ 723,999 $ 301,442 $ 1,101,101
Related Party Administrative Fees 30,000 30,000 60,000 60,000
Franchise tax expenses 10,200 10,200 20,200 20,200
Loss from operations (231,949) (764,199) (381,642) (1,181,301)
Other Income (expense):        
Interest income 432 1,391 442 7,560
Interest earned on cash and investments held in Trust Account 173,286 192,365 342,988 466,362
Gain on forgiveness of promissory notes 1,040,000 1,040,000
Interest and penalties on excise tax payable (62,526) (62,526)
Income (loss) before income taxes 919,243 (570,443) 939,262 (707,379)
Provision for income taxes (34,339) (37,507) (67,879) (94,242)
Net income (loss) $ 884,904 $ (607,950) $ 871,383 $ (801,621)
Redeemable Common Stock [Member]        
Other Income (expense):        
Basic weighted average shares outstanding 1,700,703 1,700,703 1,700,703 1,987,957
Diluted weighted average shares outstanding 1,700,703 1,700,703 1,700,703 1,987,957
Basic net income (loss) per share $ 0.24 $ (0.16) $ 0.23 $ (0.20)
Diluted net income (loss) per share $ 0.24 $ (0.16) $ 0.23 $ (0.20)
Non-Redeemable Common Stock [Member]        
Other Income (expense):        
Net income (loss) $ 884,904 $ (607,950) $ 871,383 $ (801,621)
Basic weighted average shares outstanding 2,047,045 2,047,045 2,047,045 2,047,045
Diluted weighted average shares outstanding 2,047,045 2,047,045 2,047,045 2,047,045
Basic net income (loss) per share $ 0.24 $ (0.16) $ 0.23 $ (0.20)
Diluted net income (loss) per share $ 0.24 $ (0.16) $ 0.23 $ (0.20)