XML 61 R41.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cash Flows from Operating Activities:      
Net income (loss) $ 6,873,110 $ (333,875) $ 3,925,770
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Interest earned on marketable securities held in Trust Account (11,279,715) (829,671) (7,277,660)
Unrealized gain on marketable securities held in Trust Account   111,572 68,050
Deferred tax provision (294,084)   294,084
Changes in operating assets and liabilities:      
Prepaid expenses 378,328 424,877 835,706
Accrued expenses 45,906 228,138 21,503
Income taxes payable 53,234 89,699 1,177,856
Net cash used in operating activities (4,223,221) (309,260) (954,691)
Cash Flows from Investing Activities:      
Cash withdrawn from Trust Account to pay franchise and income taxes 1,486,090   195,000
Net cash provided by investing activities 1,486,090   1,195,000
Net Change in Cash (2,737,131) (309,260) 240,309
Cash - Beginning of period 3,577,359 3,337,050 3,337,050
Cash - End of period 840,228 3,027,790 3,577,359
Supplemental cash flow information:      
Cash paid for income taxes $ 2,588,590 $ 3,128 $ 3,128