FAIR VALUE MEASUREMENTS (Tables)
|
9 Months Ended |
12 Months Ended |
Sep. 30, 2025 |
Dec. 31, 2024 |
| Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items] |
|
|
| SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS |
The
fair value of financial instruments on September 30, 2025 is summarized below:
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS
| Description | |
Quoted
Prices in
Active
Markets
(Level
1) | | |
Significant
Other
Observable
Inputs
(Level
2) | | |
Significant
Other
Unobservable
Inputs
(Level 3) | |
| Liabilities: | |
| | | |
| | | |
| | |
| Derivative liabilities-public warrants | |
$ | - | | |
$ | - | | |
$ | 942,000 | |
| Derivative liabilities-private warrants | |
$ | - | | |
$ | - | | |
$ | 1,675,683 | |
| Derivative liabilities-earnout shares | |
$ | - | | |
$ | - | | |
$ | 440 | |
| Derivative liabilities-sponsor
earnout shares | |
$ | - | | |
$ | - | | |
$ | 150 | |
| Total | |
$ | - | | |
$ | - | | |
$ | 2,618,273 | |
| | |
| | | |
| | | |
| | |
| Mezzanine Equity: | |
| | | |
| | | |
| | |
| Series C preferred stock | |
$ | - | | |
$ | - | | |
$ | 41,170,508 | |
The
fair value of financial instruments on December 31, 2024 is summarized below:
| Description | |
Quoted
Prices in Active
Markets (Level
1) | | |
Significant
Other Observable
Inputs (Level
2) | | |
Significant
Other Unobservable
Inputs (Level
3) | |
| Liabilities: | |
| | | |
| | | |
| | |
| Derivative liabilities-public warrants | |
$ | - | | |
$ | - | | |
$ | 1,020,000 | |
| Derivative liabilities-private warrants | |
$ | - | | |
$ | - | | |
$ | 930,053 | |
| Derivative liabilities-earnout shares | |
$ | - | | |
$ | - | | |
$ | 785,351 | |
| Derivative liabilities-sponsor
earnout shares | |
$ | - | | |
$ | - | | |
$ | 267,733 | |
| Total | |
$ | - | | |
$ | - | | |
$ | 3,003,137 | |
| | |
| | | |
| | | |
| | |
| Mezzanine Equity: | |
| | | |
| | | |
| | |
| Series C preferred stock | |
$ | - | | |
$ | - | | |
$ | 71,809,025 | |
|
The
following table present information about the Company’s liabilities that are measured at fair value on a recurring basis as of
December 31, 2024 and indicate the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair
value:
December
31, 2024
SCHEDULE
OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS
| Description | |
Quoted Prices in Active Markets (Level 1) | | |
Significant Other Observable Inputs (Level 2) | | |
Significant Other Unobservable Inputs (Level 3) | |
| Liabilities: | |
| | | |
| | | |
| | |
| Derivative liabilities-public warrants | |
$ | - | | |
$ | - | | |
$ | 1,020,000 | |
| Derivative liabilities-private warrants | |
$ | - | | |
$ | - | | |
$ | 930,053 | |
| Derivative liabilities-earnout shares | |
$ | - | | |
$ | - | | |
$ | 785,351 | |
| Derivative liabilities-sponsor earnout shares | |
$ | - | | |
$ | - | | |
$ | 267,733 | |
| Total | |
$ | - | | |
$ | - | | |
$ | 3,003,137 | |
| | |
| | | |
| | | |
| | |
| Mezzanine Equity: | |
| | | |
| | | |
| | |
| Series C preferred stock | |
$ | - | | |
$ | - | | |
$ | 71,809,025 | |
|
| Fair Value, Inputs, Level 3 [Member] |
|
|
| Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items] |
|
|
| SCHEDULE OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS |
The
following table provides quantitative information regarding Level 3 fair value measurements inputs at the measurement date: December
13, 2024:
SCHEDULE OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS
| | |
December
13, 2024 | |
| Stock price | |
$ | 9.50 | |
| Volatility | |
| 26.50 | % |
| Risk-free rate | |
| 4.25 | % |
| Dividend yield | |
| 0.00 | % |
| Fair
value measurement input | |
| 0.00 | % |
|
The
following table provides quantitative information regarding Level 3 fair value measurements inputs at the measurement date: December
13, 2024:
SCHEDULE
OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS
| | |
December 13, 2024 | |
| Stock price | |
$ | 9.50 | |
| Volatility | |
| 26.50 | % |
| Risk-free rate | |
| 4.25 | % |
| Dividend yield | |
| 0.00 | % |
|
| Series C Preferred Stock [Member] |
|
|
| Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items] |
|
|
| SCHEDULE OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS |
The
following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement dates: September
30, 2025 and December 31, 2024:
SCHEDULE OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS
| | |
September
30, 2025 | | |
December
31, 2024 | |
| Stock price | |
$ | 1.19 | | |
$ | 3.00 | |
| Volatility | |
| 25.40 | % | |
| 34.00 | % |
| Risk-free rate | |
| 3.92 | % | |
| 4.38 | % |
| Dividend yield | |
| 0.00 | % | |
| 0.00 | % |
|
The
following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement dates:
December 13, 2024 and December 31, 2024:
SCHEDULE
OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS
| | |
December 13, 2024 | | |
December 31, 2024 | |
| Stock price | |
$ | 9.50 | | |
$ | 3.00 | |
| Volatility | |
| 34.00 | % | |
| 34.00 | % |
| Risk-free rate | |
| 4.25 | % | |
| 4.38 | % |
| Dividend yield | |
| 0.00 | % | |
| 0.00 | % |
|
| Earnou Shares and Sponsor Earnout Shares [Member] |
|
|
| Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items] |
|
|
| SCHEDULE OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS |
The
following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement dates: September
30, 2025 and December 31, 2024:
SCHEDULE OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS
| | |
September
30, 2025 | | |
December
31, 2024 | |
| Exercise price | |
$ | 11.50 | | |
$ | 11.50 | |
| Stock price | |
$ | 1.19 | | |
$ | 3.00 | |
| Public warrant price | |
$ | 0.0785 | | |
$ | 0.085 | |
| Volatility | |
| 78.20 | % | |
| 33.50 | % |
| Risk-free rate | |
| 3.69 | % | |
| 4.38 | % |
| Dividend yield | |
| 0.00 | % | |
| 0.00 | % |
|
The
following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement dates: December
13, 2024 and December 31, 2024:
SCHEDULE
OF QUANTITATIVE INFORMATION REGARDING LEVEL 3 FAIR VALUE MEASUREMENTS INPUTS
| | |
December 13, 2024 | | |
December 31, 2024 | |
| Exercise price | |
$ | 11.50 | | |
$ | 11.50 | |
| Stock price | |
$ | 9.50 | | |
$ | 3.00 | |
| Public warrant price | |
$ | 0.075 | | |
$ | 0.085 | |
| Volatility | |
| de minimis | | |
| 33.50 | % |
| Risk-free rate | |
| 4.25 | % | |
| 4.38 | % |
| Dividend yield | |
| 0.00 | % | |
| 0.00 | % |
|