XML 48 R40.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Fair Value Measurements (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Sep. 30, 2023 | Dec. 31, 2022
Class of Warrant or Right [Line Items] |  |  |
Summary of Assets That Are Measured at Fair Value on a Recurring Basis |  |
Summary of Assets That Are Measured at Fair Value on a Recurring Basis |  |  |  |  |  |  |  |  |  |
|  | Description |  |  | Level |  |  | Fair Value |
September 30, 2023 |  | Marketable securities |  |  | 1 |  |  | $ | 49,992,699 |
December 31, 2022 |  | Marketable securities |  |  | 1 |  |  | $ | 234,716,046 |
Summary of Assets That Are Measured at Fair Value on a Recurring Basis |  |  |  |  |  |  |  |  |  |
|  | 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 |
Summary of Liabilities Measured at Fair Value on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2023 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forward Purchase Agreement put option liability |  | $ | - |  |  | $ | - |  |  | $ | 42,256 |  |  | $ | 42,256 |
Public Warrants |  |  | 1,048 |  |  |  | - |  |  |  | - |  |  | $ | 1,048 |
Private Placement Warrants |  |  | - |  |  |  | - |  |  |  | 869 |  |  | $ | 869 |
Total liabilities |  | $ | 1,048 |  |  | $ | - |  |  | $ | 43,125 |  |  | $ | 44,173 |
March 31, 2023 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forward Purchase Agreement put option liability |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Public Warrants |  |  | - |  |  |  | - |  |  |  | - |  |  | $ | - |
Private Placement Warrants |  |  | - |  |  |  | - |  |  |  | - |  |  | $ | - |
Total liabilities |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Summary of Liabilities Measured at Fair Value on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2023 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Public Warrants |  | $ | 564,650 |  |  | $ | - |  |  | $ | - |  |  | $ | 564,650 |
Private Placement Warrants |  |  | - |  |  |  | 436,990 |  |  |  | - |  |  |  | 436,990 |
Total liabilities |  | $ | 564,650 |  |  | $ | 436,990 |  |  | $ | - |  |  | $ | 1,001,640 |
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 |
Summary of Liabilities Measured at Fair Value on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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 |
Summary of The Changes In The Fair Value of Derivative Warrant Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Forward Purchase Agreement Put Option Liability |  |  | Public Warrant Liability |  |  | Private Placement Liability |  |  | Total |
Fair value at April 1, 2023 |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Warrants and Forward Purchase Agreement put option liability acquired as part of Business Combination as at November 6, 2023 |  |  | 25,009 |  |  |  | 1,513 |  |  |  | 1,256 |  |  |  | 27,778 |
Change in fair value (gain) / loss |  |  | 17,247 |  |  |  | (465 | ) |  |  | (387 | ) |  |  | 16,395 |
Fair value as of December 31, 2023 |  | $ | 42,256 |  |  | $ | 1,048 |  |  | $ | 869 |  |  | $ | 44,173 |
Summary of The Changes In The Fair Value of Derivative Warrant Liabilities |  |  |  |  |  |  |  |  |  |  |  |
|  | Public Warrant Liability |  |  | Public Warrant Liability |  |  | Total |
Fair value at January 1, 2023 |  | $ | 346,150 |  |  | $ | 267,890 |  |  | $ | 614,040 |
Change in fair value (loss) |  |  | 218,500 |  |  |  | 169,100 |  |  |  | 387,600 |
Fair value as of September 30, 2023 |  | $ | 564,650 |  |  | $ | 436,990 |  |  | $ | 1,001,640 |
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 |
Forward Purchase Agreement Put Option Liability [Member] |  |  |
Class of Warrant or Right [Line Items] |  |  |
Schedule of derivative contract assumptions |
Schedule of derivative contract assumptions |  |  |  |
Term (years) |  |  | 0.85 |
Risk-free interest rate |  |  | 4.93 | %
Volatility |  |  | 48.6 | %
Stock price at measurement date |  | $ | 2.50 |
Private Warrants Liability [Member] |  |  |
Class of Warrant or Right [Line Items] |  |  |
Schedule of derivative contract assumptions |
Schedule of derivative contract assumptions |  |  |
Term (years) |  |  | 4.85 |
Risk-free interest rate |  |  | 3.85 | %
Volatility |  |  | 38.2 | %
Stock price at measurement date |  | $ | 2.50 |

X
- References No definition available. + Details
Name: | AERT_ScheduleOfDerivativeContractAassumptionTableTextBlock
Namespace Prefix: | AERT_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ClassOfWarrantOrRightLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=AERT_ForwardPurchaseAgreementPutOptionLiabilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=AERT_PrivateWarrantsLiabilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |