Roth CH Acquisition V Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Common stock subject to possible redemption (Details)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Common stock subject to possible redemption (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accretion of carrying value to redemption value	$ 1,084,374	$ 3,350,220
Common stock subject to possible redemption	117,809,374	116,725,000
Common Stock Subject To Possible Redemption [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Gross proceeds		115,000,000
Common stock issuance costs		(1,625,220)
Accretion of carrying value to redemption value	1,084,374	3,350,220
Common stock subject to possible redemption	$ 117,809,374	$ 116,725,000

- Definition

Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References + Details