XML 28 R16.htm IDEA: XBRL DOCUMENT v3.24.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Summary of Significant Accounting Policies  
Summary of basic and diluted income (loss) per share

For the Years

Ended December 31,

2023

2022

Redeemable Common Stock

 

  

 

  

Allocation of net (loss) income

$

(11,672)

$

47,447

Denominator:

 

  

 

  

Weighted average shares of redeemable common stock outstanding

1,587,947

19,193,054

Basic and Diluted Net (Loss) Income per Redeemable Common Share

$

(0.01)

$

0.00

Non-Redeemable Common Stock

 

  

 

  

Allocation of net (loss) income

$

(36,753)

$

12,360

Denominator:

 

  

 

  

Weighted average shares of non-redeemable common stock outstanding

 

5,000,000

 

5,000,000

Basic and Diluted Net (Loss) Income per Non-Redeemable Common Share

$

(0.01)

$

0.00

Summary of adjustments of the value of common stock reflected in the balance sheets

Common stock subject to possible redemption, December 31, 2021

$

201,000,000

Less:

Redemption of common stock

(186,626,233)

Plus:

Remeasurement of carrying value to redemption value

1,957,482

Common stock subject to possible redemption, December 31, 2022

$

16,331,249

Less:

Redemption of common stock

(7,035,905)

Plus:

Remeasurement of carrying value to redemption value

770,686

Common stock subject to possible redemption, December 31, 2023

$

10,066,030