Condensed Balance Sheets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash	$ 1,460,218	$ 1,879,227
Cash - restricted	87,851
Prepaid expenses	28,227	18,082
Prepaid insurance – current portion	197,959	281,681
Total Current Assets	1,787,991	2,204,786
Long-term prepaid insurance		127,539
Investments held in Trust Account	123,794,068	120,000,366
TOTAL ASSETS	125,582,059	122,332,691
Current liabilities
Accounts payable and accrued expenses	9,265	107,954
Franchise tax payable	104,251	112,343
Income taxes payable	957,041	819,453
Total Current Liabilities	1,070,557	1,039,750
TOTAL LIABILITIES	1,070,557	1,039,750
Commitments and Contingencies
COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION
Class A common stock subject to possible redemption, 11,500,000 shares at redemption value of $10.68 and $10.35 per share at September 30, 2024 and December 31, 2023, respectively	122,820,627	119,068,570
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at September 30, 2024 and December 31, 2023
Additional paid-in capital		297,488
Retained earnings	1,690,559	1,926,567
TOTAL STOCKHOLDERS’ EQUITY	1,690,875	2,224,371
TOTAL LIABILITIES, COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION, AND STOCKHOLDERS’ EQUITY	125,582,059	122,332,691
Sponsor
Current assets
Due from Sponsor	13,736	25,796
Class A Common Stock
STOCKHOLDERS’ EQUITY
Common stock, value	28	28
Class B Common Stock
STOCKHOLDERS’ EQUITY
Common stock, value	$ 288	$ 288

Amount of franchise tax payable.

No definition available.

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- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.