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Recurring Fair Value Measurements (Tables) - Armada Acquisition Corp I [Member]
6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2024
Jun. 30, 2024
Sep. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Summary of debt securities held to maturity one amortized cost to fair value one    

Funds in the Company’s Trust Account were held in an interest bearing demand deposit account of September 30, 2023 and measured as Level 1 in the hierarchy of fair value measurements with carrying value approximating fair value.

 

 

Carrying
Value as of
September 30,
2023

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Fair Value
as of
September 30,
2023

 

Interest bearing demand deposit account

 

$

25,324,028

 

 

$

 

 

$

 

 

$

25,324,028

 

Summary of fair value measurements with carrying value approximating fair value

Funds in the Company’s Trust Account were held in an interest-bearing demand deposit account as of March 31, 2024 and September 30, 2023 and classified as Level 1 in the hierarchy of fair value measurements with carrying value approximating fair value.

 

 

March 31, 2024

 

 

December 31, 2023

 

 

Level

 

 

Amount

 

 

Level

 

 

Amount

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Interest-bearing demand deposit account

 

 

1

 

 

$

15,771,190

 

 

 

1

 

 

$

25,324,028

 

Funds in the Company’s Trust Account were held in an interest-bearing demand deposit account as of June 30, 2024 and September 30, 2023 and classified as Level 1 in the hierarchy of fair value measurements with carrying value approximating fair value.

 

 

June 30, 2024

 

 

September 30, 2023

 

 

Level

 

 

Amount

 

 

Level

 

 

Amount

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Interest-bearing demand deposit account

 

 

1

 

 

$

16,126,337

 

 

 

1

 

 

$

25,324,028

 

Funds in the Company’s Trust Account were invested in U.S. Treasury securities as of September 30, 2022, and classified as held-to-maturity and Level 1 in the hierarchy of fair value measurements as follows:

 

 

Carrying
Value as of
September 30,
2022

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Fair Value
as of
September 30,
2022

 

Cash

 

$

320

 

 

$

 

 

$

 

 

$

320

 

U.S. Treasury Bills

 

 

150,844,605

 

 

 

19,242

 

 

 

 

 

 

150,863,847

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

150,844,925

 

 

$

19,242

 

 

$

 

 

$

150,864,167