Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
General and administrative expenses $ 205,625 $ 244,646 $ 896,987 $ 722,432
Franchise tax expense 25,200 50,000 76,495 150,400
Loss from operations (230,825) (294,646) (973,482) (872,832)
Other income (expense):        
Interest income from operating account 2,263 84 9,054 154
Income from cash and investments held in Trust Account 113,702 566,050 599,046 5,367,063
Change in fair value of derivative liability (164,267) (90,000) (435,947) (120,000)
Total other (expense) income, net (48,302) 476,134 172,153 5,247,217
Net (loss) income before income taxes (279,127) 181,488 (801,329) 4,374,385
Income tax expense (19,061) (108,389) (111,637) (1,095,532)
Net (loss) income $ (298,188) $ 73,099 $ (912,966) $ 3,278,853
Redeemable Class A Common Stock        
Other income (expense):        
Weighted average shares outstanding of basic (in Shares) 859,414 4,154,572 1,426,097 15,609,872
Weighted average shares outstanding of diluted (in Shares) 859,414 4,154,572 1,426,097 15,609,872
Basic net (loss) income per share (in Dollars per share) $ (0.02) $ 0 $ (0.07) $ 0.12
Diluted net (loss) income per share (in Dollars per share) $ (0.02) $ 0 $ (0.07) $ 0.12
Non-Redeemable Class B Common Stock        
Other income (expense):        
Weighted average shares outstanding of basic (in Shares) 11,800,000 11,800,000 11,800,000 11,800,000
Weighted average shares outstanding of diluted (in Shares) 11,800,000 11,800,000 11,800,000 11,800,000
Basic net (loss) income per share (in Dollars per share) $ (0.02) $ 0 $ (0.07) $ 0.12
Diluted net (loss) income per share (in Dollars per share) $ (0.02) $ 0 $ (0.07) $ 0.12