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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets

The Company’s net deferred tax assets are as follows:

		December 31,				December 31,
		2023				2022
Deferred tax assets
Net operating loss carryforward		$	—			$	—
Startup/Organization Expenses		$	686,905			$	388,575
Total deferred tax assets			686,905				388,575
Valuation allowance			(686,905	)			(388,575	)
Deferred tax assets, net of allowance		$	—			$	—

Schedule of Components of Income Tax Expense (Benefit)

The income tax provision for the year ended December 31, 2023 and 2022 consists of the following:

		December 31,				December 31,
		2023				2022
Federal
Current		$	1,177,463			$	823,991
Deferred			(298,330	)			(388,575	)
State
Current			—				—
Deferred			—				—
Change in valuation allowance			298,330				388,575
Income tax provision		$	1,177,463			$	823,991

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal income tax rate to the Company’s effective tax rate is as follows:

		December 31,				December 31,
		2023				2022
Statutory federal income tax rate			21.00	%			21.00	%
Meals & entertainment			0.00	%			4.45	%
Business combination expenses			0.24	%			0.00	%
Fines and penalties			0.75	%			0.00	%
Change in valuation allowance			7.46	%			22.71	%
Income tax provision			29.45	%			48.16	%

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
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