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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 11 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Cash flow from operating activities:        
Net income (loss) $ (85,983) $ 2,195,508 $ 5,135,790 $ 336,658
Adjustments to reconcile net income to net cash used in operating activities:        
Offering costs allocated to warrant liabilities     625,059  
Stock-based compensation expense     0 2,825,960
Dividends, realized and unrealized gain in Trust Account (327,399) (43,053) (19,097) (1,371,689)
Interest earned on securities held in Trust Account     (1,876)  
Change in fair value of warrant liability   (2,762,640) (6,325,281) (4,489,110)
Changes in operating assets and liabilities:        
Prepaid expense   39,739 (83,061) 83,061
Accrued expenses 253,841 390,436 125,972 1,553,849
Franchise tax payable 47,481 (114,008) 164,008 (94,042)
Income tax payable 59,598   0 214,850
Net cash used in operating activities (52,462) (294,018) (378,487) (940,463)
Cash flow from investing activities:        
Investment of cash in Trust Account (368,760)   (117,300,000) (2,545,838)
Net cash used in investing activities (368,760)   (117,300,000) (2,246,237)
Cash flow from financing activities:        
Proceeds from issuance of Class B common stock     25,000  
Proceeds from sale of Units, net of underwriting discount paid     112,700,000  
Proceeds from sale of Private units     5,852,750  
Payment of offering costs     (446,112)  
Advances from related parties (300)   0 11,500
Proceeds from working capital loan 32,000   0 207,081
Proceeds from extension loans 368,760   0 2,545,838
Net cash provided by financing activities 400,460   118,131,638 2,764,419
Net change in cash (20,762) (294,018) 453,151 (422,281)
Cash at the beginning of the period 30,870 453,151 0 453,151
Cash at the end of the period 10,108 $ 159,133 453,151 30,870
Supplemental disclosure of non-cash financing activities:        
Re-measurement of Class A common stock subject to possible redemption $ (583,570)   0 3,359,593
Redemption of Class A common stock held in Trust, including interest     0 $ 91,909,483
Deferred underwriting fee payable     4,025,000  
Initial classification of warrant liability     $ 11,176,949