XML 86 R4.htm IDEA: XBRL DOCUMENT v3.24.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
General and administrative expenses $ 352,581 $ 506,326 $ 2,419,328 $ 1,305,836
Franchise tax expenses 39,400 50,000 143,200 205,992
Loss from operations (466,981) (631,326) (2,862,528) (1,511,828)
Other (expense) income:        
Change in fair value of derivative liabilities (60,010) (175,950) (538,200) 10,711,300
Change in initial value of Forward Purchase Agreement Liability (39,104) 86,369
Interest expense – debt discount (226,615) (112,054)
Gain on investments held in Trust Account 141,122 1,884,991 3,117,552 3,332,546
Gain on forgiveness of deferred underwriting fee payable 273,110 273,110
Total other (expense) income (145,503) 1,943,047 2,826,777 14,043,846
(Loss) income before income tax expense (612,484) 1,311,721 (35,751) 12,532,018
Income tax expense (21,362) (416,252) (615,387) (624,584)
Net (loss) income (633,846) 895,469 (651,138) 11,907,434
Related Party        
General and administrative expenses - related party $ 75,000 $ 75,000 $ 300,000
Class A Redeemable Common Stock        
Other (expense) income:        
Weighted average shares outstanding, basic (in Shares) 1,000,945 18,456,264 5,965,080 24,000,000
Basic net (loss) income per common share (in Dollars per share) $ (0.09) $ 0.04 $ (0.05) $ 0.4
Class A Non-Redeemable Common Stock        
Other (expense) income:        
Weighted average shares outstanding, basic (in Shares) 5,100,000 1,473,333 3,982,192
Basic net (loss) income per common share (in Dollars per share) $ (0.09) $ 0.04 $ (0.05)
Class B Common Stock        
Other (expense) income:        
Weighted average shares outstanding, basic (in Shares) 900,000 5,484,270 2,017,808 6,000,000
Basic net (loss) income per common share (in Dollars per share) $ (0.09) $ 0.04 $ (0.05) $ 0.4