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Income Taxes (Tables)

11 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Reconciliation of Expected Tax Computed at U.S. Statutory Federal Income Tax Rate to Total Benefit for Income Taxes

A reconciliation of the expected tax computed at the U.S. statutory federal income tax rate to the total benefit for income taxes is shown below:

		Eleven Months Ended December 31, 2021				For the period January 7, 2021 (inception) through January 31, 2021
Income tax benefit at federal statutory rate			21.0	%			21.0	%
State taxes, net of federal benefit			1.0	%			5.1	%
162m limitations			(13.4	)%			0.0	%
Stock compensation			(3.3	)%			0.0	%
Change in valuation allowance			(5.3	)%			(26.1	)%
Income tax provision (benefit)			0.0	%			0.0	%

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company's deferred tax assets and liabilities were as follows:

		December 31, 2021				January 31, 2021
Deferred tax assets:
Net operating loss carryforwards		$	6,711,946			$	434
Share-based compensation			1,457,280				-
Accruals and other temporary differences			67,294				836
Gross deferred tax assets			8,236,520				1,270
Property and equipment, net			(574	)			(361	)
Valuation allowance			(8,235,946	)			(909	)
Net deferred tax assets		$	-			$	-

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- References

No definition available.

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

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