XML 12 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Expenses:        
Formation and operating costs $ 614,748 $ 499,621 $ 1,268,479 $ 806,041
Franchise taxes 50,000 100,000 100,000 100,000
Loss from operations (664,748) (599,621) (1,368,479) (906,041)
Other Income (expenses)        
Interest income on marketable securities held in Trust Account 842,756 118,795 1,789,672 127,088
Change in fair value of warrant liability 113,469 92,713
Amortization of debt discount (314,479) (499,058)
Dividend income 2,262 130 4,001 130
Interest expense (64,671) (93,156)
Total Other Income 579,337 118,925 1,294,172 127,218
Loss before income taxes (85,411) (480,696) (74,307) (778,823)
Income tax provision (147,392) (336,110)
Net loss $ (232,803) $ (480,696) $ (410,417) $ (778,823)
Redeemable Common Stock        
Other Income (expenses)        
Weighted average share outstanding, basic (in Shares) 6,612,930 8,625,000 7,618,965 6,433,011
Net income (loss) per share of common stock – basic (in Dollars per share) $ 0.02 $ (0.04) $ 0.03 $ (0.08)
Non-Redeemable Common Stock        
Other Income (expenses)        
Weighted average share outstanding, basic (in Shares) 3,006,250 3,006,250 3,006,250 2,950,180
Net income (loss) per share of common stock – basic (in Dollars per share) $ (0.11) $ (0.05) $ (0.21) $ 0.1