Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
General and administrative expenses $ 368,098 $ 908,357 $ 1,540,761 $ 1,293,488
Loss from operations (368,098) (908,357) (1,540,761) (1,293,488)
Other income (expense)        
Interest earned on marketable securities held in Trust Account 229,375 343,491 677,062 2,641,366
Interest income - other 2,274   2,274  
Finance costs for non-redemption agreements   8,811   (471,189)
Interest and penalties     (463)  
Total other income, net 231,649 352,302 678,873 2,170,177
(Loss) income before provision for income taxes (136,449) (556,055) (861,888) 876,689
Provision for income taxes (59,527) (90,037) (174,717) (719,832)
Net (loss) income $ (195,976) $ (646,092) $ (1,036,605) $ 156,857
Common stock subject to possible redemption        
Other income (expense)        
Basic weighted average shares outstanding (in shares) 1,582,797 2,510,512 1,582,797 7,482,720
Diluted weighted average shares outstanding (in shares) 1,582,797 2,510,512 1,582,797 7,482,720
Basic net income (loss) per common share (in dollars per share) $ 0.06 $ (0.07) $ 0.13 $ 0.13
Diluted net income (loss) per common share (in dollars per share) $ 0.06 $ (0.07) $ 0.13 $ 0.13
Non-redeemable common stock        
Other income (expense)        
Basic weighted average shares outstanding (in shares) 3,336,500 3,336,500 3,336,500 3,336,500
Diluted weighted average shares outstanding (in shares) 3,336,500 3,336,500 3,336,500 3,336,500
Basic net income (loss) per common share (in dollars per share) $ (0.09) $ (0.14) $ (0.37) $ (0.24)
Diluted net income (loss) per common share (in dollars per share) $ (0.09) $ (0.14) $ (0.37) $ (0.24)