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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Taxes [Abstract]

Schedule of Deferred Tax Assets

The Company’s deferred tax assets are as follows at December 31, 2023 and 2022:

		December 31, 2023				December 31, 2022
Deferred tax asset
Net operating loss		$	—			$	—
Startup/organizational costs			369,290				147,881
Total deferred tax asset			369,290				147,881
Valuation allowance			(369,290	)			(147,881	)
Deferred tax asset, net of allowance		$	—			$	—

Schedule of Income Tax Provision (Benefit)

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

		December 31, 2023			December 31, 2022
Federal
Current		$	1,579,608		$	339,899
Deferred			—			—
State and Local
Current			—			—
Deferred			—			—
Income tax provision/(benefit)		$	1,579,608		$	339,899

Schedule of Reconciliation of the Statutory Tax Rate

A reconciliation of the statutory tax rate to the Company’s effective tax rates for the year ended December 31, 2023 and 2022:

		Year Ended December 31, 2023			Year Ended December 31, 2022
Statutory federal income tax rate		21.00	%		21.00	%
State taxes, net of federal tax benefit		—			—
Merger costs		(2.60	)		—
Derivatives		(8.46	)
Other		(0.04	)		(0.44	)
Change in valuation allowance		(1.22	)		15.84
Income tax provision (benefit)		8.68	%		36.40	%

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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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-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://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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