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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash $ 921,349 $ 196,907
Deferred offering costs 429,750
Prepaid expenses for forward purchase contract 13,264,964
Other current assets 359,175 623,221
Total Current Assets 14,545,488 1,249,878
Non-current Assets    
Property and equipment, net 860 1,974
Right of use assets 18,109 5,740
Total Non-current Assets 18,969 7,714
Total Assets 14,564,457 1,257,592
Current Liabilities    
Advance of subscription fees from shareholders 590,000
Other payable and accrued expenses 2,644,518 97,297
Lease liabilities 16,956
Deferred underwriter’s discount 3,421,250
Total Current Liabilities 7,060,745 756,289
Total Liabilities 7,060,745 756,289
Commitments and Contingencies (Note 11)
Shareholders’ Equity    
Common stock ($0.0001 par value, 1,000,000,000 shares authorized; 46,859,633 and 37,488,807 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively)* [1] 4,686 3,749
Additional paid-in capital [1] 43,490,860 34,927,449
Accumulated loss (35,991,834) (34,429,895)
Total Shareholders’ Equity 7,503,712 501,303
Total Liabilities and Shareholders’ Equity 14,564,457 1,257,592
Related Party    
Current Liabilities    
Amount due to related parties $ 978,021 $ 68,992
[1] The share information and additional paid-in capital are presented on a retroactive basis to reflect the reverse recapitalization on June 21, 2024 (see the discussion under the heading “Reverse Recapitalization” in “Note 1 – Organization and Business Description”).