| Schedule of Consolidated Statements of Operations |
The
net (loss) income per share presented in the statements of operations is based on the following:
Schedule of Consolidated Statements of Operations
| | |
For the Three
Months
Ended June 30, 2026 | | |
For the Three
Months
Ended June 30, 2025 | | |
For the Six
Months
Ended June 30, 2026 | | |
For the Six
Months
Ended June 30, 2025 | |
| Net loss | |
$ | (142,258 | ) | |
$ | (137,495 | ) | |
$ | (308,056 | ) | |
$ | (338,262 | ) |
| Remeasurement to redemption value – interest income earned | |
| (7,137 | ) | |
| (4,881 | ) | |
| (13,952 | ) | |
| (27,926 | ) |
| Remeasurement to redemption value – extension fee | |
| - | | |
| (105,000 | ) | |
| (105,000 | ) | |
| (210,000 | ) |
| Net loss including accretion of temporary equity to redemption value | |
$ | (149,395 | ) | |
$ | (247,376 | ) | |
$ | (427,008 | ) | |
$ | (576,188 | ) |
|
| Schedule of Net Income (Loss) Per Share |
Schedule of Net Income (Loss) Per Share
| | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | |
| | |
Three
Months Ended June 30, 2026 | | |
Three
Months Ended June 30, 2025 | | |
Six Months Ended June 30, 2026 | | |
Six Months Ended
June 30, 2025 | |
| | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | | |
Non-redeemable
shares | | |
Redeemable shares | |
| Basic and Diluted net income (loss) per share: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Numerators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Allocation of net losses | |
$ | (148,378 | ) | |
$ | (1,017 | ) | |
$ | (245,639 | ) | |
$ | (1,737 | ) | |
$ | (424,102 | ) | |
$ | (2,906 | ) | |
$ | (572,142 | ) | |
$ | (4,046 | ) |
| Accretion of temporary equity | |
| - | | |
| - | | |
| - | | |
| 105,000 | | |
| - | | |
| 105,000 | | |
| - | | |
| 210,000 | |
| Accretion of temporary equity - interest | |
| - | | |
| 7,137 | | |
| - | | |
| 4,881 | | |
| - | | |
| 13,952 | | |
| - | | |
| 27,926 | |
| Allocation of net income (loss) | |
$ | (148,378 | ) | |
$ | 6,120 | | |
$ | (245,639 | ) | |
$ | 108,144 | | |
$ | (424,102 | ) | |
$ | 116,046 | | |
$ | (572,142 | ) | |
$ | 233,880 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Denominators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 3,205,000 | | |
| 21,962 | | |
| 3,205,000 | | |
| 22,664 | | |
| 3,205,000 | | |
| 21,962 | | |
| 3,205,000 | | |
| 22,664 | |
| Basic and diluted net income (loss) per share | |
$ | (0.05 | ) | |
$ | 0.28 | | |
$ | (0.08 | ) | |
$ | 4.77 | | |
$ | (0.13 | ) | |
$ | 5.28 | | |
$ | (0.18 | ) | |
$ | 10.32 | |
|