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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)
CONCORD ACQUISITION CORP III
Class A common stock
Common Stock
CONCORD ACQUISITION CORP III
Class B common stock
Common Stock
CONCORD ACQUISITION CORP III
Additional Paid-in Capital
CONCORD ACQUISITION CORP III
Accumulated Deficit
CONCORD ACQUISITION CORP III
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance as at beginning at Dec. 31, 2021   $ 863   $ (34,576,312) $ (34,575,449) $ 13,000 $ 13,682,000 $ (498,536,000) $ (488,286,000)
Balance at the beginning (in shares) at Dec. 31, 2021   8,625,000     34,500,000        
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT                  
Excise tax payable attributable to redemption of common stock         $ 0        
Increase in redemption value of shares subject to possible redemption       (3,743,935) (3,743,935)     (2,237,000) (2,237,000)
Net income (loss)       24,256,284 24,256,284     (26,412,000) (26,412,000)
Balance as at end at Dec. 31, 2022   $ 863   (14,063,963) $ (14,063,100) 2,000 [1] 434,116,000 [1] (527,185,000) [1] (94,929,000) [1]
Balance at the end (in shares) at Dec. 31, 2022   8,625,000     34,500,000        
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT                  
Net income (loss)               (1,393,000) (1,393,000)
Balance as at end at Mar. 31, 2023 [1]           2,000 434,119,000 (528,578,000) (95,645,000)
Balance as at beginning at Dec. 31, 2022   $ 863   (14,063,963) $ (14,063,100) 2,000 [1] 434,116,000 [1] (527,185,000) [1] (94,929,000) [1]
Balance at the beginning (in shares) at Dec. 31, 2022   8,625,000     34,500,000        
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT                  
Contribution - non-redemption agreements     $ 6,981,310   $ 6,981,310        
Fair value of shareholder non-redemption agreements     $ (6,981,310)   (6,981,310)        
Excise tax payable attributable to redemption of common stock       (3,184,272) (3,184,272)        
Conversion of Class B common stock to Class A common stock $ 863 $ (863)              
Conversion of Class B common stock to Class A common stock (in shares) 8,624,999 (8,624,999)              
Partial waiver of deferred underwriters' commission       6,618,747 6,618,747        
Extinguishment of debt       3,343,000 3,343,000        
Increase in redemption value of shares subject to possible redemption       (5,209,575) (5,209,575)       0
Net income (loss)       (1,995,754) (1,995,754)     (22,469,000) (22,469,000)
Balance as at end at Dec. 31, 2023 $ 863     $ (14,491,817) $ (14,490,954) 3,000 [1] 435,752,000 [1] (549,654,000) [1] (115,437,000) [1]
Balance at the end (in shares) at Dec. 31, 2023 8,624,999 1     3,941,361        
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT                  
Net income (loss)               757,000 757,000
Balance as at end at Mar. 31, 2024           $ 5,000 $ 487,006,000 $ (548,897,000) $ (62,360,000)
[1] Amounts as of December 31, 2023 differ from those in prior year consolidated financial statements as they were retrospectively adjusted as a result of the accounting for the Business Combination (as defined in the Notes to the Unaudited Condensed Consolidated Financial Statements.)