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v3.24.1

STATEMENTS OF OPERATIONS - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Operating costs: |  |
Legal and accounting expenses | $ 712,495 | $ 466,287
Insurance expense | 251,768 | 516,250
Franchise tax expense | 226,974 | 200,000
Listing fees | 85,000 | 175,124
Other operating costs | 7,795 | 2,458
Loss from operations | (1,670,440) | (1,577,543)
Other income (expense): |  |
Change in fair value of warrant liability | (53,450) | 16,688,950
Dividend income on marketable securities held in Trust Account | 6,707,678 | 3,383,823
Financing expense | (934,906) |
Other income | 5,719,322 | 20,072,773
Income before provision for income taxes | 4,048,882 | 18,495,230
Provision for income taxes | (1,319,280) | (362,282)
Net income | 2,729,602 | 18,132,948
Related Party |  |
Operating costs: |  |
Administrative expenses | 231,500 |
Nonrelated Party |  |
Operating costs: |  |
Administrative expenses | $ 154,908 | $ 217,424
Class A common stock subject to redemption |  |
Other income (expense): |  |
Weighted average shares outstanding, basic | 12,413,050 | 23,000,000
Weighted average shares outstanding, diluted | 12,413,050 | 23,000,000
Basic net income (loss) per share | $ 0.26 | $ 0.66
Diluted net income (loss) per share | $ 0.26 | $ 0.66
Class And B Non Redeemable Common Stock |  |
Other income (expense): |  |
Weighted average shares outstanding, basic | 5,750,000 | 5,750,000
Weighted average shares outstanding, diluted | 5,750,000 | 5,750,000
Basic net income (loss) per share | $ (0.09) | $ 0.51
Diluted net income (loss) per share | $ (0.09) | $ 0.51

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