v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss for the period $ (117,000) $ (82,000) $ (286,000) $ (160,000)
Financial expenses 53,000 32,000 101,000 62,000
Changes in operating assets and liabilities:        
Decrease in prepaid expenses     16,000 108,000
Increase (decrease) in accrued expenses     (40,000) 100,000
Net cash used in (provided by) operating activities     (209,000) 110,000
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from Sponsor loan     95,000
Proceeds from promissory note     300,000
Net cash provided by financing activities     300,000 95,000
NET CHANGE IN CASH, CASH EQUIVALENTS AND CASH HELD IN A TRUST ACCOUNT     91,000 205,000
CASH, CASH EQUIVALENTS AND CASH HELD IN A TRUST ACCOUNT AT BEGINNING OF THE PERIOD     692,000 8,988,000
CASH, CASH EQUIVALENTS AND CASH HELD IN A TRUST ACCOUNT AT END OF THE PERIOD 783,000 9,193,000 783,000 9,193,000
RECONCILIATION OF CASH, CASH EQUIVALENTS AND CASH AND CASH EQUIVALENTS HELD IN TRUST ACCOUNT:        
Cash and cash equivalents 131,000 25,000 131,000 25,000
Cash held in trust account 652,000 9,168,000 652,000 9,168,000
CASH, CASH EQUIVALENTS AND CASH AND CASH EQUIVALENTS HELD IN TRUST ACCOUNT AT END OF THE PERIOD $ 783,000 $ 9,193,000 $ 783,000 $ 9,193,000