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Income Taxes (Tables)
10 Months Ended
Dec. 31, 2021
Income Taxes  
Income tax provision

Current

    

  

Federal

$

State

 

Deferred

 

  

Federal

 

(270,918)

State

 

Valuation allowance

 

270,918

Income tax provision

$

Schedule of reconciliation of the total income tax provision tax rate to the statutory federal income tax rate

A reconciliation of the statutory federal income tax rate (benefit) to the Company’s effective tax rate for the period from January 15, 2021 (inception) to December 31, 2021 is as follows:

Statutory Federal income tax rate

    

21.0

%

Share Based Compensation

(2.65)

%

Change in Valuation Allowance

 

(18.35)

%

Effective Tax Rate

 

0.0

%

Summary of significant components of the Company's deferred tax assets

Deferred tax assets

    

  

Organization Costs

$

237,766

Net operating loss carryforward

 

33,152

Total deferred tax assets

 

270,918

Valuation allowance

 

(270,918)

Deferred tax assets, net of allowance

$