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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Measurements  
Schedule of fair value assets measured on recurring basis

 

 

 

 

 

September 30,

 

 

 

 

 

December 31,

 

Description

 

Level

 

 

2025

 

 

Level

 

 

2024

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and Marketable securities held in Trust Account  

 

 

1

 

 

$184,197

 

 

 

1

 

 

$182,240

 

Schedule of fair value liabilities measured on recurring basis

 

 

 

 

 

September 30,

 

 

 

 

 

December 31,

 

Description

 

Level

 

 

2025

 

 

Level

 

 

2024

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Warrant Liability – Public Warrants

 

 

3

 

 

$24,665

 

 

 

3

 

 

$184,982

 

Total Warrant Liabilities

 

 

 

 

 

$24,665

 

 

 

 

 

 

$184,982

 

Schedule of changes in the fair value of warrant liabilities

 

 

Private Placement

 

 

Public

 

 

Warrant Liabilities

 

Fair value as of December 31, 2024

 

 

 

 

$184,982

 

 

 

184,982

 

Change in valuation inputs or other assumptions

 

 

-

 

 

 

-123,321

 

 

 

-123,321

 

Fair value as of March 31, 2025

 

 

-

 

 

$61,661

 

 

 

61,661

 

Change in valuation inputs or other assumptions

 

 

-

 

 

 

61,661

 

 

 

61,661

 

Fair value as of June 30, 2025

 

 

-

 

 

$123,322

 

 

 

123,322

 

Change in valuation inputs or other assumptions

 

 

-

 

 

 

-98,657

 

 

 

-98,657

 

Fair value as of September 30, 2025

 

 

-

 

 

$24,665

 

 

 

24,665

 

Schedule of summary of fair value of warrant liabilities

Change in fair value of warrant liability

 

 

 

Warrant liability at December 31, 2023

 

$-

 

Transfer in of warrant liability at December 31, 2023

 

 

184,982

 

Change in fair value of warrant liability

 

 

-

 

Warrant liability at December 31, 2024

 

$184,982