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NET INCOME (LOSS) PER SHARE (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Earnings Per Share [Abstract]    
SCHEDULE OF NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted income (loss) per share:

 

           
   Three Months Ended March 31, 
   2024   2023 
Numerator:          
Net income (loss)  $11,264,842   $(30,756,144)
Less: Cumulative undeclared Series A dividends   (1,370)   — 
Less: Undistributed earnings allocated to participating securities   (756,606)   — 
Net income (loss) attributable to common stockholders  $10,506,866   $(30,756,144)
           
Net income (loss)  $11,264,842   $(30,756,144)
Less: Cumulative undeclared Series A dividends   (1,370)   — 
Less: Convertible promissory note interest   155,786    — 
Less: Convertible promissory note change in fair value   (48,468,678)   — 
Net loss attributable to common stockholders, diluted  $(37,049,420)  $(30,756,144)
           
Denominator:          
Weighted average common stock outstanding, basic   137,333,802    119,999,989 
Net income (loss) per share attributable to common stockholders, basic  $0.08   $(0.26)
Weighted average common stock outstanding, basic   137,333,802    — 
Effect of potentially dilutive convertible promissory notes   5,053,849    — 
Total potentially dilutive securities   5,053,849    — 
Weighted average common stock outstanding, diluted   142,387,651    119,999,989 
Net loss per share attributable to common stockholders - basic and diluted  $(0.26)  $(0.26)

   For the year ended  
   December 31, 2023   December 31, 2022  
   Class A (Redeemable) Ordinary Shares   Class A (Non – Redeemable) Ordinary Shares   Class B Ordinary Shares   Class A

(Redeemable)

Ordinary Shares		   Class A (Non – Redeemable) Ordinary Shares    Class B Ordinary Shares  
Basic and diluted net (loss) income per share:                             
Numerator:                                 
Allocation of net (loss) income  $(19,134)  $(44,186)  $(4,005)  $3,172,916   $133,355  $ 1,102,090  
                                  
Denominator:                                 
Weighted average shares outstanding   5,333,742    12,317,077    1,116,256    34,500,000    1,450,000      11,983,333  
                                  
Basic and diluted net (loss) income per share  $0.00   $0.00   $0.00   $0.09   $0.09  $ 0.09  

 
SCHEDULE OF ANTI-DILUTIVE NET LOSS PER SHARE

 

           
   March 31, 
   2024   2023 
Outstanding restricted stock units (a)   3,751,622    10,355,527 
Restricted Stock   

19,348,954

    - 
Public warrants   17,250,000    — 
Private warrants   725,000    — 
Convertible promissory notes (b)   —    2,946,336 
Earnout Shares   24,500,000    — 
Total   65,575,576    13,301,863 

 

(a) As of March 31, 2024, there were an additional 7,148,506 restricted stock units that had vested but had not been legally settled into common stock and therefore were included in the basic net income per share. See Note 8 for additional information.
(b) The number of shares were determined based on the conversion upon maturity provisions in the convertible promissory note agreements, dividing the conversion amount (principal plus accrued interest) by three times the estimated fair value of the Company’s common stock derived from the Company’s most recently completed convertible promissory notes valuation as of the balance sheet date.