v3.26.3
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
General and administrative expenses $ 47,069 $ 45,352 $ 145,907 $ 141,273
Franchise tax expense 1,000 1,500 3,000 4,500
Loss from operations (48,069) (46,852) (148,907) (145,773)
Other income:        
Interest earned on cash equivalents 9,614 11,753 28,212 34,066
Total other income 9,614 11,753 28,212 34,066
Loss before provision for income taxes (38,455) (35,099) (120,695) (111,707)
Provision for income taxes (1,809) (2,150) (5,295) (6,210)
Net loss $ (40,264) $ (37,249) $ (125,990) $ (117,917)
Class A common stock (fka Class C common)        
Other income:        
Weighted average shares outstanding, basic (in Shares) 73,169 73,169 73,169 73,169
Weighted average shares outstanding, diluted (in Shares) 73,169 73,169 73,169 73,169
Basic net loss per share (in Dollars per share) $ (0.4) $ (0.37) $ (1.26) $ (1.18)
Diluted net loss per share (in Dollars per share) $ (0.4) $ (0.37) $ (1.26) $ (1.18)
Class B Convertible Common Stock        
Other income:        
Weighted average shares outstanding, basic (in Shares) 26,831 26,831 26,831 26,831
Weighted average shares outstanding, diluted (in Shares) 26,831 26,831 26,831 26,831
Basic net loss per share (in Dollars per share) $ (0.4) $ (0.37) $ (1.26) $ (1.18)
Diluted net loss per share (in Dollars per share) $ (0.4) $ (0.37) $ (1.26) $ (1.18)