XML 162 R56.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Fair Value Measurements (Details) - USD ($)
3 Months Ended
Mar. 14, 2024
Mar. 08, 2024
Mar. 31, 2024
Dec. 31, 2023
Fair Value Measurements (Details) [Line Items]        
Earnout shares liability     $ 61,393,000
Percentage of aggregate earnout shares     79.00%  
Annualized EBITDA per production line     $ 50,000,000  
Earnout term     5 years  
Agreed shares (in Shares)   588,235    
Sponsor conversion of the founder shares (in Shares)     1,380,736  
Earnout payments     (i) simultaneously with the Earnout Payments made to the Montana equity holders in a proportionate amount to the payment achieved in relation to the maximum issuance of Earnout Shares of equity interests of $200 million (the “Performance Vesting Trigger”) and (ii) up to 50% of the Subject Vesting Shares (including any vested Subject Vesting Shares from the Performance Vesting Trigger) vesting on any day following the Closing when the closing price of a share of Combined Company Class A common stock on the Nasdaq (the “Closing Share Price”) equals or exceeds $12.00 (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) and all remaining Subject Vesting Shares vesting when the Closing Share Price equals or exceeds $14.00 (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like).  
Vesting related to the earnout milestone amount     $ 14  
Business Combination [Member]        
Fair Value Measurements (Details) [Line Items]        
Price, percentage (in Dollars per share) $ 10      
Legacy Montana Units [Member]        
Fair Value Measurements (Details) [Line Items]        
Percentage of aggregate earnout shares     21.00%  
Monte Carlo Pricing Model [Member]        
Fair Value Measurements (Details) [Line Items]        
Earnout shares (in Shares) 4,627,294   4,702,064  
Vesting related to the earnout milestone amount     $ 12  
Maximum [Member]        
Fair Value Measurements (Details) [Line Items]        
Earnout shares liability     200,000,000  
Estimated fair value of earnout shares     $ 61,400,000  
Minimum [Member]        
Fair Value Measurements (Details) [Line Items]        
Estimated fair value of earnout shares $ 53,700,000      
Class A Common Stock [Member]        
Fair Value Measurements (Details) [Line Items]        
Aggregate purchase price   $ 5,000,000    
Additional shares (in Shares)   840,336    
Common stock par value per share (in Dollars per share)     $ 0.0001 $ 0.0001
Class B Common Stock [Member]        
Fair Value Measurements (Details) [Line Items]        
Common stock par value per share (in Dollars per share)     $ 0.0001 $ 0.0001