v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income (loss) $ 871,383 $ (801,621)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on cash and investments held in Trust Account (342,988) (466,362)
Gain on forgiveness of promissory notes (1,040,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (100,494) (75,888)
Accounts payable and accrued expenses 89,197 638,682
Income tax payable (865,068)
Franchise tax payable 7,298 (47,734)
Excise tax payable 62,526
Due to related party 46,049
Due to related party - administrative fee 60,000 (10,000)
Net cash used in operating activities (393,078) (1,581,942)
Cash Flows from Investing Activities:    
Cash withdrawn from Trust Account to pay redeemed public stockholders 55,152,224
Cash deposited into Trust Account for term extensions (360,000) (360,000)
Cash deposited into Trust Account for repayment of amount previously withdrawn (48,235)
Cash withdrawn from Trust Account to pay taxes 123,693 73,134
Net cash provided by (used in) investing activities (284,542) 54,865,358
Cash Flows from Financing Activities:    
Proceeds from related party 16,000
Repayment to related party (45,000)
Payment to redeemed public stockholders (55,152,224)
Proceeds from SKG 300,000
Proceeds from promissory note - related party 410,000
Proceeds from promissory note - KM QUAD 540,000
Net cash provided by (used in) financing activities 681,000 (54,612,224)
Net Changes in Cash 3,380 (1,328,808)
Cash - Beginning of period 1,195 1,554,737
Cash - End of period 4,575 225,929
Supplemental Disclosure of Non-cash Financing Activities:    
Cash paid for income taxes 123,693 960,350
Extension fees attributable to common stock subject to redemption 360,000 360,000
Excise tax imposed on common stock redemptions 551,522
Remeasurement of common stock subject to possible redemption $ 248,298 $ 350,880