v3.25.2

Condensed Balance Sheets - USD ($)	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 1,085,428	$ 1,113,786
Prepaid expenses and other current assets	13,229	11,989
TOTAL ASSETS	1,098,657	1,125,775
Current liabilities
Accrued expenses	139,605	139,755
Income taxes payable		6,300
Total current liabilities	711,605	658,055
Derivative warrant liabilities	2,980	2,980
Total Liabilities	714,585	661,035
Commitments and contingencies
Stockholder’s Equity
Preferred stock, $0.0001 par value; 460,000 shares authorized; none issued or outstanding
Additional paid-in capital	1,032,917	1,032,917
Accumulated deficit	(648,855)	(568,187)
Total Stockholder’s Equity	384,072	464,740
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY	1,098,657	1,125,775
Class A Common Stock
Stockholder’s Equity
Common stock, value	7	7
Class B Convertible Common Stock
Stockholder’s Equity
Common stock, value	3	3
Related Party
Current liabilities
Accounts payable – related party	$ 572,000	$ 512,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

PMV Consumer Acquisition Corp. 10-Q