v3.26.1
Business Combination (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination [Abstract]  
Schedule of Business Combination to the Consolidated Statements of Cash Flows and Stockholder's Equity

The following table reconciles the elements of the Business Combination to the consolidated statements of cash flows and the consolidated statement of changes in stockholders’ equity for the year ended December 31, 2024:

 

Cash-Trust Account, net of redemptions   $ 8,251,024  
Less: transaction costs and professional fees, paid directly from Trust Account     (4,270,760 )
Net proceeds received from Trust     3,980,264  
Less: private placement warrant liabilities     (350,000 )
Less: related party notes     (2,558,340 )
Less: accounts payable and accrued expenses     (2,113,096 )
Reverse recapitalization, net   $ (1,041,172 )
Schedule of Shares of Common Stock of Business Combination

The number of shares of common stock issued immediately following the consummation of the Business Combination were:

 

 

    Class A
Common
Stock
    Class B
Common
Stock
 
Coliseum Public Shares, outstanding prior to the Business Combination     1,787,112       -  
Less: Redemption of Coliseum Class A common stock     (1,063,698 )     -  
Public shares of Coliseum, including 361,556 shares subject to the Forward Purchase Agreement (as described below)     723,414       -  
Coliseum Founder Shares, outstanding prior the Business Combination     3,750,000       -  
Coliseum Private Placement Warrants converted to Class A Common shares     806,250       -  
Business Combination shares                
RET Shares     2,125,539       57,752  
Issuance of shares in connection with PIPE     118,557       -  
Class A common stock issued for services     5,000       -  
Common Stock immediately after the Business Combination     7,528,761       57,752  
Schedule of Number of RET Shares

The number of RET shares was determined as follows:

 

    Legacy
RET
Shares
    RET
Shares after
conversion
ratio
 
Preferred Stock     1,232       1,766,554  
Class A Common Stock     250       358,985  
Class B Common Stock     40       57,752  
Total     1,522       2,183,291