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Fair Value Measurements (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2023

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Assets That Are Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022 including the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

		Description		Level				Fair Value
March 31, 2023		Marketable securities			1			$	237,085,266
December 31, 2022		Marketable securities			1			$	234,716,046

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of December 31, 2022 and 2021 including the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

		Description				Level		Fair Value
December 31, 2022			Marketable securities			1		$	234,716,046
December 31, 2021			Marketable securities			1		$	232,320,844

Summary of Liabilities Measured at Fair Value on a Recurring Basis

The following tables present information about the Company’s liabilities that are measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022, including the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

March 31, 2023		Level 1				Level 2				Level 3				Total
Liabilities:
Public Warrants		$	1,265,000			$	—			$	—			$	1,265,000
Private Placement Warrants			—				979,000				—				979,000
Total liabilities		$	1,265,000			$	979,000			$	—			$	2,244,000
December 31, 2022		Level 1				Level 2				Level 3				Total
Liabilities:
Public Warrants		$	346,150			$	—			$	—			$	346,150
Private Placement Warrants			—				267,890				—				267,890
Total liabilities		$	346,150			$	267,890			$	—			$	614,040

The following tables present information about the Company’s liabilities that are measured at fair value on a recurring basis as of December 31, 2022 and 2021, including the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

December 31, 2022		Level 1				Level 2				Level 3				Total
Liabilities:
Public Warrants		$	346,150			$	—			$	—			$	346,150
Private Placement Warrants			—				267,890				—				267,890
Total liabilities		$	346,150			$	267,890			$	—			$	614,040
December 31, 2021		Level 1				Level 2				Level 3				Total
Liabilities:
Public Warrants		$	6,900,000			$	—			$	—			$	6,900,000
Private Placement Warrants			—				5,340,000				—				5,340,000
Total liabilities		$	6,900,000			$	5,340,000			$	—			$	12,240,000

Summary of The Changes In The Fair Value of Derivative Warrant Liabilities

The following table presents a summary of the changes in the fair value of Derivative Warrant Liabilities:

		Public Warrant Liability				Private Warrant Liability				Total
Fair value at January 1, 2023		$	346,150			$	267,890			$	614,040
Change in fair value (loss)			(918,850	)			(711,110	)			(1,629,960	)
Fair value as of March 31, 2023		$	1,265,000			$	979,000			$	2,244,000

The following table presents a summary of the changes in the fair value of Derivative Warrant Liabilities:

		Public				Private
		Warrant				Warrant
		Liability				Liability				Total
Fair value at October 22, 2021		$	5,030,000			$	4,024,000			$	9,054,000
Change in fair value			1,870,000				1,316,000				3,186,000
Fair value as of December 31, 2021			6,900,000				5,340,000				12,240,000
Change in fair value			(6,553,850	)			(5,072,110	)			(11,625,960	)
Fair value as of December 31, 2022		$	346,150			$	267,890			$	614,040

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- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258

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-Publisher FASB
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-Topic 820
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-Section 50
-Paragraph 2
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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