v3.26.3
Income Tax (Tables)
9 Months Ended
Sep. 30, 2026
Income Tax [Abstract]  
Schedule of Net Deferred Tax Assets

The Company’s net deferred tax assets at September 30, 2026 and December 31, 2025, are as follows: 

 

Deferred tax assets   September 30,
2026
    December 31,
2025
 
Organizational costs/start-up expenses   $ 508,833     $ 478,192  
Federal net operating loss     —       —  
Total deferred tax assets     508,833       478,192  
Valuation allowance     (508,833 )     (478,192 )
Deferred tax assets, net of allowance   $ —     $ —  
Schedule of Income Tax Provision

The income tax provision for the three and nine months ended September 30, 2026 and 2025, consists of the following:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2026     2025     2026     2025  
Federal                        
Current   $ 1,809     $ 2,150     $ 5,295     $ 6,210  
Deferred     (9,885 )     (9,524 )     (30,641 )     (29,667 )
State                                
Current     —       —       —       —  
Deferred     —       —       —       —  
Change in valuation allowance     9,885       9,524       30,641       29,667  
Income tax provision   $ 1,809     $ 2,150     $ 5,295     $ 6,210  
Schedule of Reconciliation of the Income Tax Rate

A reconciliation of the income tax rate to the Company’s effective tax rate for the nine months ended September 30, 2026 and 2025, is as follows:

 

    For the Nine Months Ended
September 30,
 
    2026     2025  
Statutory federal income tax rate     21.0 %     21.0 %
State taxes, net of federal tax benefit     0.0 %     0.0 %
Permanent book/tax differences     0.0 %     0.0 %
Change in valuation allowance     (25.4 )%     (26.6 )%
Effective income tax rate     (4.4 )%     (5.6 )%