RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2022

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS [Abstract]

Effect of Restatement on Each Financial Statement

The following tables summarize the effect of the restatement on each financial statement line items as of the dates, and for the period, indicated:

	As previously reported			Adjustments			As restated
March 31, 2022 balance sheet
Prepaid expenses	$	732,415		$	161,918		$	894,333
Total current assets		2,950,517			161,918			3,112,435
Total assets		284,498,465			161,918			284,660,383
Accumulated Deficit		(6,874,691	)		161,918			(6,712,773	)
Total Stockholders’ Deficit		(6,874,001	)		161,918			(6,712,083	)
Total Liabilities, Temporary Equity and Stockholders’ Deficit		284,498,465			161,918			284,660,383

Statement of changes in stockholders’ deficit for the three months ended March 31, 2022
Net loss	$	(628,828	)	$	161,918		$	(466,910	)
Accumulated Deficit - March 31, 2022		(6,874,691	)		161,918			(6,712,773	)
Total Stockholders’ Deficit		(6,874,001	)		161,918			(6,712,083	)

Statement of operations for the three months March 31, 2022
Formation and operating cost	$	655,593		$	(161,918	)	$	493,675
Operating loss		(655,593	)		161,918			(493,675	)
Net loss		(628,828	)		161,918			(466,910	)
Class A common stock - basic and diluted net loss per share		(0.02	)		0.01			(0.01	)
Class B common stock - basic and diluted net loss per share		(0.02	)		0.01			(0.01	)

Statement of cash flows for the three months ended March 31, 2022
Net loss	$	(628,828	)	$	161,918		$	(466,910	)
Change in prepaid expenses		261,193			(161,918	)		99,275

June 30, 2022 balance sheet
Prepaid expenses		459,537			282,008			741,545
Total current assets		2,324,247			282,008			2,606,255
Total assets		284,245,344			282,008			284,527,352
Accumulated Deficit		(7,292,517	)		282,008			(7,010,509	)
Total Stockholders’ Deficit		(7,291,827	)		282,008			(7,009,819	)
Total Liabilities, Temporary Equity and Stockholders’ Deficit		284,245,344			282,008			284,527,352

Statement of changes in stockholders’ deficit for the six months ended June 30, 2022
Net loss	$	(905,058	)	$	282,008		$	(623,050	)
Accumulated Deficit - June 30, 2022		(7,292,517	)		282,008			(7,010,509	)
Total Stockholders’ Deficit		(7,291,827	)		282,008			(7,009,819	)

Statement of operations for the three months June 30, 2022
Formation and operating cost	$	619,518		$	(120,089	)	$	499,429
Operating loss		619,518			(120,089	)		499,429
Loss before income tax		(246,370	)		120,089			(126,281	)
Net loss		(276,230	)		120,089			(156,141	)
Class A common stock - basic and diluted net loss per share		(0.01	)		0.01			-
Class B common stock - basic and diluted net loss per share		(0.01	)		0.01			-

Statement of operations for the six months June 30, 2022
Formation and operating cost	$	1,275,111		$	(282,008	)	$	993,103
Operating loss		1,275,111			(282,008	)		993,103
Loss before income tax		(875,197	)		282,008			(593,189	)
Net loss		(905,058	)		282,008			(623,050	)
Class A common stock - basic and diluted net loss per share		(0.03	)		0.01			(0.02	)
Class B common stock - basic and diluted net loss per share		(0.03	)		0.01			(0.02	)

Statement of cash flows for the six months ended June 30, 2022
Net loss	$	(905,058	)	$	282,008		$	(623,050	)
Change in prepaid expenses		534,070			(282,008	)		252,062

September 30, 2022 balance sheet
Prepaid expenses	$	182,315		$	408,842		$	591,157
Total current assets		1,704,182			408,842			2,113,024
Total assets		284,382,102			408,842			284,790,944
Accumulated Deficit		(7,702,087	)		408,842			(7,293,245	)
Total Stockholders’ Deficit		(7,701,397	)		408,842			(7,292,555	)
Total Liabilities, Temporary Equity and Stockholders’ Deficit		284,382,102			408,842			284,790,944

Statement of changes in stockholders’ deficit for the nine months ended September 30, 2022
Net loss	$	(784,272	)	$	408,842		$	(375,430	)
Accumulated Deficit - September 30, 2022		(7,702,087	)		408,842			(7,293,245	)
Total Stockholders’ Deficit		(7,701,397	)		408,842			(7,292,555	)

Statement of operations for the three months September 30, 2022
Formation and operating cost	$	489,430		$	(126,834	)	$	362,596
Operating loss		(489,430	)		126,834			(362,596	)
Income (loss) before income tax		267,393			126,834			394,227
Net income		120,785			126,834			247,619
Class A common stock - basic and diluted net loss per share		—			0.01			0.01
Class B common stock - basic and diluted net loss per share		—			0.01			0.01

Statement of operations for the nine months September 30, 2022
Formation and operating cost	$	1,764,541		$	(408,842	)	$	1,355,699
Operating loss		(1,764,541	)		408,842			(1,355,699	)
Income (loss) before income tax		(607,804	)		408,842			(198,962	)
Net loss		(784,272	)		408,842			(375,430	)
Class A common stock - basic and diluted net loss per share		(0.02	)		0.01			(0.01	)
Class B common stock - basic and diluted net loss per share		(0.02	)		0.01			(0.01	)

Statement of cash flows for the nine months ended September 30, 2022
Net loss	$	(784,272	)	$	408,842		$	(375,430	)
Change in prepaid expenses		811,292			(408,842	)		402,450