v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating costs $ 165,259 $ 255,215 $ 537,138 $ 1,088,261
Reversal of excise tax interest and penalties (673,790)   (673,790)  
Income (loss) from operations 508,531 (255,215) 136,652 (1,088,261)
Other income (expense):        
Income from cash held in Trust Account 628 784 1,852 135,578
Change in fair value of Capital Contribution Note 489,365 961,571 1,463,443 2,584,894
Change in fair value of warrant liability (589,515) 589,516 (132,641) 147,314
Total other income (expense), net (99,522) 1,551,871 1,332,654 2,867,786
Income before benefit from (provision for) income taxes 409,009 1,296,656 1,469,306 1,779,525
Benefit from (provision for) income taxes (2,475) 45 (2,475) (20,781)
Net income $ 406,534 $ 1,296,701 $ 1,466,831 $ 1,758,744
Class A common stock subject to possible redemption        
Other income (expense):        
Basic, weighted average shares outstanding 8,550 8,550 8,550 514,339
Diluted, weighted average shares outstanding 8,550 8,550 8,550 514,339
Basic net income per share (in dollars per share) $ 0.06 $ 0.18 $ 0.21 $ 0.23
Diluted net income per share (in dollars per share) $ 0.06 $ 0.18 $ 0.21 $ 0.23
Class B common stock        
Other income (expense):        
Basic, weighted average shares outstanding 7,002,438 7,002,438 7,002,438 7,002,438
Diluted, weighted average shares outstanding 7,002,438 7,002,438 7,002,438 7,002,438
Basic net income per share (in dollars per share) $ 0.06 $ 0.18 $ 0.21 $ 0.23
Diluted net income per share (in dollars per share) $ 0.06 $ 0.18 $ 0.21 $ 0.23