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Investments Held in Trust Account
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Acri Capital Acquisition Corporation [Member]    
Investments Held In Trust Account [Line Items]    
Investments Held in Trust Account

Note 3 — Investments Held in Trust Account

 

As of June 30, 2024 and December 31, 2023, assets held in the Trust Account were comprised of $21,214,423 and $36,672,846 in money market funds which are invested in U.S. Treasury Securities. Interest income for the three months ended June 30, 2024 and 2023 amounted to $354,967 and $456,417, respectively. Interest income for the six months ended June 30, 2024 and 2023 amounted to $830,809 and $1,163,097, respectively.

 

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description  Level  June 30,
2024		 
Assets:       

Trust Account – U.S. Treasury Securities Money Market Fund

  1  $21,214,423 

 

Description  Level  December 31,
2023		 
Assets:       

Trust Account – U.S. Treasury Securities Money Market Fund

  1  $36,672,846 

Note 3 — Investments Held in Trust Account

 

As of December 31, 2023 and December 31, 2022, assets held in the Trust Account were comprised of $36,672,846 and $89,140,977 in money market funds which are invested in U.S. Treasury Securities. Interest income for the year ended December 31, 2023 and the period from January 7, 2022 (inception) through December 31, 2022 amounted to $2,118,942 and $1,165,977, respectively.

 

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description  Level   December 31,
2023		 
Assets:        
Trust Account – U.S. Treasury Securities Money Market Fund   1   $36,672,846 

 

Description  Level   December 31,
2022		 
Assets:        
Trust Account – U.S. Treasury Securities Money Market Fund   1   $89,140,977