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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of net deferred tax assets
 

December 31,
2022

 

December 31,
2021

Deferred tax assets

 

 

 

 

 

 

 

 

Net operating loss carryforward

 

$

 

 

$

35,810

 

Startup/Organization Expenses

 

 

414,684

 

 

 

141,779

 

Total deferred tax assets

 

 

414,684

 

 

 

177,589

 

Valuation Allowance

 

 

(414,664

)

 

 

(177,589

)

Deferred tax assets

 

$

 

 

$

 

Schedule of income tax provision
 

December 31,
2022

 

For the
Period From
February 12, 2021
(Inception)
Through
December 31,
2021

Federal

 

 

 

 

 

 

 

 

Current

 

$

434,898

 

 

$

 

Deferred

 

 

(166,071

)

 

 

(177,589

)

State and Local

 

 

 

 

 

 

 

 

Current

 

 

89,879

 

 

 

 

Deferred

 

 

(71,024

)

 

 

 

Change in valuation allowance

 

 

237,095

 

 

 

177,589

 

Income tax provision

 

$

524,777

 

 

$

 

Schedule of reconciliation of the federal income tax rate to the Company’s effective tax rate
 

December 31,
2022

 

December 31,
2021

Statutory federal income tax rate

 

21.0

%

 

21.0

%

State taxes, net of federal tax benefit

 

4.34

%

 

%

Prior year true up

 

(0.58

)%

 

%

Change in fair value of warrants

 

(20.26

)%

 

(27.57

)%

Penalties on franchise tax obligations

 

0.05

%

 

 

Other permanent differences

 

%

 

1.85

%

Valuation allowance

 

3.80

%

 

4.80

%

Effective tax rate

 

8.35

%

 

0.00

%