Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2026

Schedule of ordinary shares subject to redemption


	Shares		Amount
Gross proceeds from IPO		8,280,000	$	82,800,000
Less:
Proceeds allocated to Public Rights		-		(1,904,400	)
Allocation of offering costs related to redeemable shares		-		(4,356,511	)
Plus:
Remeasurement of carrying value to redemption value		-		8,307,036
Ordinary shares subject to possible redemption – March 31, 2026		8,280,000	$	84,846,125

Schedule of statement of operation

Schedule of statement of operation
	For the Year Ended March 31, 2026		For the Period from July 23, 2024 (inception) through March 31, 2025
Net income (loss)	$	978,206	$	(16,018	)

Schedule of net income per share

Schedule of net income per share
	For the Year Ended March 31, 2026				Period from July 23, 2024 (inception) through March 31, 2025
	Redeemable Ordinary Shares		Non-redeemable Ordinary Shares		Redeemable Ordinary Shares			Non-redeemable Ordinary Shares
Basic and diluted net income (loss) per ordinary share
Numerator:
Allocation of net income (loss)	$	623,487	$	354,719	$			$	(16,018	)

Denominator:
Basic and diluted weighted average shares outstanding⁽¹⁾		5,353,644		3,045,839		-			2,898,000
Basic and diluted net income (loss) per ordinary share	$	0.12	$	0.12	$	(0.00	)	$	(0.01	)

(1)

Ordinary shares have been retroactively restated to reflect the first amendment to the Subscription Agreement, which allowed the Sponsor to increase the purchase of ordinary shares from 2,415,000 to 2,898,000 shares for $25,000, including an aggregate of up to 378,000 ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5).

As a result of the underwriter’s full exercise of its over-allotment option to purchase 1,080,000 units on August 7, 2025, no shares were subject to forfeiture.

- Definition

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

+ References + Details

Quantumsphere Acquisition Corp 10-K