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Income Tax (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax [Abstract]

Schedule of Net 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			838,918				412,939
Total deferred tax assets			838,918				412,939
Valuation allowance			(838,918	)			(412,939	)
Deferred tax assets, net of allowance		$	—			$	—

Schedule of Income Tax Provision

The income tax provision consists of the following:

		December 31,				December 31,
		2023				2022
Federal
Current		$	653,044			$	759,647
Deferred			(425,978	)			(201,748	)
State
Current			—				—
Deferred			—				—
Change in valuation allowance			425,978				201,748
Income tax provision		$	653,044			$	759,647

Schedule of Reconciliation of the Federal Income Tax Rate

A reconciliation of the federal income tax rate to the Company’s effective tax rate for the years ended December 31, 2023 and 2022 is as follows:

		December 31,				December 31,
		2023				2022
Statutory federal income tax rate			21.0	%			21.0	%
State taxes, net of federal tax benefit			0.0	%			0.0	%
Change in fair value of warrants			(48.9	)%			(14.1	)%
Transaction costs associated with the Initial Public Offering			0.0	%			0.0	%
Change in fair value of convertible promissory note – related party			0.0	%			(1.7	)%
Change in valuation allowance			(52.3	)%			1.9	%
Income tax provision			(80.2	)%			7.1	%

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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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

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- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

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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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
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