FINANCIAL INCOME AND EXPENSES |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Investments, All Other Investments [Abstract] | |
| FINANCIAL INCOME AND EXPENSES | NOTE 8 – FINANCIAL INCOME AND EXPENSES
Financial income represents interest earned on funds in the Trust account (see Note 1c), which amounted to $6,000 and $95,000 for the three months ended March 31, 2026 and 2025, respectively.
Financial expenses amounted to $47,000 for the three months ended March 31, 2026, consisting of $19,000 on the Sponsor loan (see Note 6) and $28,000 on the Promissory notes (see Note 7), and $30,000 for the three months ended March 31, 2025, consisting of $16,000 on the Sponsor loan (see Note 6) and $14,000 on the Promissory notes (see Note 7).
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