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Warrant Liabilities
6 Months Ended
Jun. 30, 2026
Warrant Liabilities [Abstract]  
WARRANT LIABILITIES

NOTE 7 – WARRANT LIABILITIES

 

The Company's public warrants are accounted for as liabilities and remeasured at fair value each reporting period. The warrant liability, classified as Level 2, was approximately $10,000 and $16,000 at June 30, 2026 and December 31, 2025, respectively. 

 

At June 30, 2026 and December 31, 2025, the estimated fair value of the warrants was $9,600 and $16,000, respectively.

 

The Company recorded a change in fair value of $6,000 for the three and six months ended June 30, 2026, and a fair value loss of $0 for the three and six months ended June 30, 2025.

 

The fair value is determined in accordance with ASC 820, Fair Value Measurement.