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UNAUDITED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
General and administrative expenses $ 98,404 $ 581,418 $ 441,299 $ 1,734,960
Franchise tax expense 6,800 50,000 22,403 150,000
Loss from operations (105,204) (631,418) (463,702) (1,884,960)
Other income:        
Interest income on cash balance 2,529 2,294 11,603 4,832
Gain on marketable securities (net), dividends and interest, held in Trust Account (212,740) (908,234) (581,995) (1,210,039)
Total other income, net 215,269 910,528 593,598 1,214,871
Income (Loss) before (provision for) benefit from income taxes 110,065 279,110 129,896 (670,089)
Provision for income taxes (43,779) (180,711) (119,952) (210,080)
Net income (loss) $ 66,286 $ 98,399 $ 9,944 $ (880,169)
Common stock subject to possible redemption        
Other income:        
Weighted average shares outstanding, basic (in shares) 1,591,537 20,000,000 1,591,537 20,000,000
Weighted average shares outstanding, diluted (in shares) 1,591,537 20,000,000 1,591,537 20,000,000
Basic net income (loss) per share (in dollars per share) $ 0.01 $ 0.00 $ 0.00 $ (0.04)
Diluted net income (loss) per share (in dollars per share) $ 0.01 $ 0.00 $ 0.00 $ (0.04)
Non-redeemable common stock        
Other income:        
Weighted average shares outstanding, basic (in shares) 5,000,000 5,000,000 5,000,000 5,000,000
Weighted average shares outstanding, diluted (in shares) 5,000,000 5,000,000 5,000,000 5,000,000
Basic net income (loss) per share (in dollars per share) $ 0.01 $ 0.00 $ 0.00 $ (0.04)
Diluted net income (loss) per share (in dollars per share) $ 0.01 $ 0.00 $ 0.00 $ (0.04)