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Balance sheets

In millions of USD, except per-share amounts
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Q1 FY2021
As of Mar 31, 2021
Assets
Current assets:
Cash
Prepaid expenses
Prepaid taxes
Deferred business combination costs
Total current assets
Investment held in Trust Account
Total assets
Liabilities, redeemable shares and stockholders' deficit:
Current liabilities:
Accounts payable
Accrued offering costs and expenses
Accounts payable and accrued expenses
Excises taxes payable
Franchise tax payable
Income taxes payable
Due to related party
Convertible promissory note at fair value - related party
Total current liabilities
Deferred tax liability
Private warrant liability
Total long-term liabilities
Total liabilities
Common stock subject to possible redemption, 2,359,298 and 2,878,178 shares outstanding at March 31, 2024 and December 31, 2023, respectively, at redemption value
Common stock subject to possible redemption
Total common stock subject to possible redemption, 2,359,298 and 2,878,178 shares outstanding at March 31, 2024 and December 31, 2023, respectively, at redemption value
Stockholders' deficit:
Common stock, $0.0001 par value; 100,000,000 shares authorized; 5,640,000 shares issued and outstanding at both March 31, 2024 and December 31, 2023 (excluding shares subject to possible redemption of 2,359,298 and 2,878,178, respectively)
Common stock not subject to possible redemption
Total common stock, $0.0001 par value; 100,000,000 shares authorized; 5,640,000 shares issued and outstanding at both March 31, 2024 and December 31, 2023 (excluding shares subject to possible redemption of 2,359,298 and 2,878,178, respectively)
Additional paid-in capital
Accumulated deficit
Total stockholders' deficit
Total liabilities, redeemable shares and stockholders' deficit

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