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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:        
Net loss $ 757,000 $ (1,393,000) $ (22,469,000) $ (26,412,000)
Adjustments to reconcile net loss to net cash used in operating activities:        
Income from cash and investments held in trust account     (8,000) (4,000)
Change in fair value of warrants subject to forfeiture 4,626,000      
Changes in operating assets and liabilities:        
Income taxes payable (83,000)   255,000 57,000
Net cash used in operating activities (14,413,000) (1,480,000) (8,827,000) (18,087,000)
Cash flows from investing activities:        
Net cash used in investing activities   (118,000) (331,000) (903,000)
Cash flows from financing activities:        
Net cash provided by financing activities 30,274,000 552,000 8,149,000 19,273,000
Net increase (decrease) in cash and cash equivalents 15,864,000 (1,098,000) (1,140,000) 147,000
Cash and cash equivalents at beginning of year 258,000 1,398,000 1,398,000 1,251,000
Cash and cash equivalents cash at end of year 16,122,000 300,000 258,000 1,398,000
CONCORD ACQUISITION CORP III        
Cash flows from operating activities:        
Net loss     (1,995,754) 24,256,284
Adjustments to reconcile net loss to net cash used in operating activities:        
Income from cash and investments held in trust account     (6,795,482) (5,091,197)
Change in fair value of warrants subject to forfeiture     2,913,800 (21,332,800)
Recovery of offering costs attributable to warrant liability     (372,678)  
Changes in operating assets and liabilities:        
Expense reimbursement receivable from GCT     (296,441)  
Prepaid expenses     330,288 389,014
Due to related party     90,896 7,297
Income taxes payable     (490,460) 485,207
Accrued legal expense     1,241,000 (3,000)
Accrued capital markets advisory expense     2,500,000  
Other accounts payable and accrued expenses     197,702 (226,869)
Net cash used in operating activities     (2,677,129) (1,516,064)
Cash flows from investing activities:        
Cash withdrawn from trust account to pay taxes     2,137,351 822,658
Cash withdrawn from trust account in connection with redemptions     318,441,770  
Net cash used in investing activities     320,579,121 822,658
Cash flows from financing activities:        
Proceeds from issuance of promissory note to related party     35,000  
Redemption of common stock     (318,441,770)  
Net cash provided by financing activities     (318,406,770)  
Net increase (decrease) in cash and cash equivalents     (504,778) (693,406)
Cash and cash equivalents at beginning of year $ 16,371 $ 521,149 521,149 1,214,555
Cash and cash equivalents cash at end of year     16,371 521,149
Non-cash financing transactions:        
Increase in redemption value of shares subject to possible redemption     5,209,575 3,743,935
Non-cash contribution - non-redemption agreements     6,981,310  
Partial waiver of deferred underwriter commission     6,618,747  
Excise tax payable attributable to redemption of common stock     $ 3,184,272  
Conversion of Class B common stock to Class A common stock     863  
Extinguishment of debt     $ 3,343,000  
Other supplemental cash flow information:        
Federal income tax paid     $ 1,876,201 $ 510,000