CONDENSED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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General and administrative expenses | $ 179,481 | $ 122,190 | $ 385,131 | $ 293,625 |
Loss from operations | (179,481) | (122,190) | (385,131) | (293,625) |
Other income | ||||
Interest earned on marketable securities held in Trust Account | 1,043,998 | 150,739 | 2,297,875 | 170,436 |
Finance costs for non-redemption agreements | (480,000) | (480,000) | ||
Total other income, net | 563,998 | 150,739 | 1,817,875 | 170,436 |
Income (loss) before provision for income taxes | 384,517 | 28,549 | 1,432,744 | (123,189) |
Provision for income taxes | (290,124) | (17,883) | (629,795) | (17,883) |
Net income (loss) | $ 94,393 | $ 10,666 | $ 802,949 | $ (141,072) |
Common stock subject to possible redemption | ||||
Other income | ||||
Basic weighted average shares outstanding | 8,536,433 | 11,500,000 | 10,010,030 | 11,500,000 |
Diluted weighted average shares outstanding | 8,536,433 | 11,500,000 | 10,010,030 | 11,500,000 |
Basic net income (loss) per common share | $ 0.06 | $ 0.00 | $ 0.12 | $ (0.01) |
Diluted net income (loss) per common share | $ 0.06 | $ 0.00 | $ 0.12 | $ (0.01) |
Non-redeemable common stock | ||||
Other income | ||||
Basic weighted average shares outstanding | 3,336,500 | 3,336,500 | 3,336,500 | 3,336,500 |
Diluted weighted average shares outstanding | 3,336,500 | 3,336,500 | 3,336,500 | 3,336,500 |
Basic net income (loss) per common share | $ (0.13) | $ 0.00 | $ (0.13) | $ (0.01) |
Diluted net income (loss) per common share | $ (0.13) | $ 0.00 | $ (0.13) | $ (0.01) |
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- Definition The amount of finance costs related to non-redemption agreements. No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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