v3.25.4
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Operating and formation (income) expenses $ (177,733)     $ 630,844     $ 178,462 $ 2,241,314    
Income (Loss) from operations 177,733     (630,844)     (178,462) (2,241,314) $ (2,749,348) $ (1,043,627)
Other income (expense):                    
Income from cash held in the Trust Account 157,109     349,967     462,276 1,039,879 1,220,440 4,724,941
Interest expense on operating account               (68) (68) 94
Benefit from credit loss 200,000           350,000      
Change in fair value of derivative warrant liabilities (1,305,500)     0     (1,678,500) (1,119,000) (746,000) 0
Total other income (expense), net (948,391)     349,967     (866,224) (79,189) 474,372 5,062,020
Net loss $ (770,658) $ (516,153) $ 242,125 $ (280,877) $ (1,317,884) $ (721,742) $ (1,044,686) $ (2,320,503) $ (2,274,976) $ 4,018,393
Class A ordinary shares subject to possible redemption                    
Other income (expense):                    
Weighted average shares outstanding - basic (in shares) 1,610,373     2,846,071     1,610,373 2,846,071 2,565,844 9,753,411
Weighted average shares outstanding - diluted (in shares) 1,610,373     2,846,071     1,610,373 2,846,071 2,565,844 9,753,411
Net loss per share - basic (in dollars per share) $ (0.1)     $ (0.03)     $ (0.14) $ (0.27) $ (0.27) $ 0.26
Net loss per share - diluted (in dollars per share) $ (0.1)     $ (0.03)     $ (0.14) $ (0.27) $ (0.27) $ 0.26
Class A (non-redeemable) and Class B ordinary shares                    
Other income (expense):                    
Weighted average shares outstanding - basic (in shares) 5,750,000     5,750,000     5,750,000 5,750,000 5,750,000 5,750,000
Weighted average shares outstanding - diluted (in shares) 5,750,000     5,750,000     5,750,000 5,750,000 5,750,000 5,750,000
Net loss per share - basic (in dollars per share) $ (0.1)     $ (0.03)     $ (0.14) $ (0.27) $ (0.27) $ 0.26
Net loss per share - diluted (in dollars per share) $ (0.1)     $ (0.03)     $ (0.14) $ (0.27) $ (0.27) $ 0.26