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Class A Common Stock Subject to Possible Redemption (Tables)

12 Months Ended

Dec. 31, 2023

Power & Digital Infrastructure Acquisition II Corp. [Member]

Class A Common Stock Subject to Possible Redemption (Tables) [Line Items]

Schedule of Common Stock Subject to Possible Redemption

The Class A common stock subject to possible redemption reflected on the consolidated balance sheets is reconciled on the following table:

Gross proceeds		$	287,500,000
Less:
Proceeds allocated to Public Warrants			(14,662,500	)
Issuance costs allocated to Class A common stock			(19,627,833	)
Plus:
Adjust carrying value to initial redemption value			40,083,762
Class A common stock subject to possible redemption as of December 31, 2022			293,293,429
Less:
Redemption			(188,132,132	)
Plus:
Remeasurement of carrying value to initial redemption value			8,967,458
Class A common stock subject to possible redemption as of December 31, 2023		$	114,128,755

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- References

No definition available.

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- 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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(27))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480244/480-10-S99-1

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