2024 Q1 Form 10-Q Financial Statement
#000149315224020758 Filed on May 20, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q1 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $236.9K | $158.2K |
YoY Change | 49.78% | |
Operating Profit | -$236.9K | -$158.2K |
YoY Change | 49.78% | 4119.45% |
Interest Expense | $586.2K | $803.1K |
YoY Change | -27.01% | |
% of Operating Profit | ||
Other Income/Expense, Net | $30.00K | $803.1K |
YoY Change | -96.26% | |
Pretax Income | $349.2K | $644.9K |
YoY Change | -45.85% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $349.2K | $644.9K |
YoY Change | -45.85% | -17301.87% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $0.05 | $0.07 |
COMMON SHARES | ||
Basic Shares Outstanding | 9.181M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q1 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $13.79K | $311.0K |
YoY Change | -95.57% | |
Cash & Equivalents | $13.79K | $311.0K |
Short-Term Investments | ||
Other Short-Term Assets | $78.59K | $54.30K |
YoY Change | 44.73% | |
Inventory | ||
Prepaid Expenses | $78.59K | $54.30K |
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $92.38K | $365.3K |
YoY Change | -74.71% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $51.47M | $71.22M |
YoY Change | -27.74% | |
Other Assets | $55.00K | $32.38K |
YoY Change | 69.86% | |
Total Long-Term Assets | $51.52M | $71.25M |
YoY Change | -27.69% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $92.38K | $365.3K |
Total Long-Term Assets | $51.52M | $71.25M |
Total Assets | $51.61M | $71.62M |
YoY Change | -27.93% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $413.4K | $29.58K |
YoY Change | 1297.53% | |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $285.9K | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $709.1K | $39.41K |
YoY Change | 1699.26% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $709.1K | $39.41K |
Total Long-Term Liabilities | $0.00 | $0.00 |
Total Liabilities | $709.1K | $39.41K |
YoY Change | 1699.35% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$617.0K | $358.0K |
YoY Change | -272.34% | |
Common Stock | $228.00 | $228.00 |
YoY Change | 0.0% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$616.7K | $358.2K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $51.61M | $71.62M |
YoY Change | -27.93% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $349.2K | $644.9K |
YoY Change | -45.85% | -17301.87% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$14.77K | -$348.1K |
YoY Change | -95.76% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$55.00K | |
YoY Change | ||
Cash From Investing Activities | -$55.00K | |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $55.00K | |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | -$14.77K | -$348.1K |
Cash From Investing Activities | -$55.00K | |
Cash From Financing Activities | $55.00K | |
Net Change In Cash | -$14.77K | -$348.1K |
YoY Change | -95.76% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$14.77K | -$348.1K |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2024Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
CY2023Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | |
CY2023Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | |
CY2023Q1 | us-gaap |
Increase Decrease In Notes Payable Related Parties Current
IncreaseDecreaseInNotesPayableRelatedPartiesCurrent
|
usd | |
CY2023Q1 | us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
usd | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | |
CY2023Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
usd | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
usd | |
CY2023Q1 | ATMV |
Accrued Expenses Converted To Promissory Note
AccruedExpensesConvertedToPromissoryNote
|
usd | |
CY2024Q1 | us-gaap |
Cash
Cash
|
13791 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
78588 | usd |
CY2024Q1 | us-gaap |
Assets Current
AssetsCurrent
|
92379 | usd |
CY2024Q1 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
51466768 | usd |
CY2023Q4 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
50880604 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
51614147 | usd |
CY2024Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
413385 | usd |
CY2024Q1 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
285902 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
165000 | usd |
CY2024Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
709124 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
387955 | usd |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
709124 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
387955 | usd |
CY2024Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
4725829 | shares |
CY2023Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
4725829 | shares |
CY2024Q1 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.90 | |
CY2023Q4 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.77 | |
CY2024Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
51521768 | usd |
CY2023Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
50880604 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2280500 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2280500 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2280500 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2280500 | shares |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
228 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
228 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-616973 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-325050 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-616745 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-324822 | usd |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
51614147 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
50943737 | usd |
CY2024Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
236926 | usd |
CY2023Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
158187 | usd |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-236926 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-158187 | usd |
CY2024Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
678480 | usd |
CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
802992 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-92316 | usd |
CY2024Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
3 | usd |
CY2023Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
93 | usd |
CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
586167 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
803085 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
349241 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
644898 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
554543 | usd |
CY2023Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
-841219 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
644898 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
358222 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-324822 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-324822 | usd |
CY2024Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
-586164 | usd |
CY2024Q1 | ATMV |
Stock Redeemed Or Called During Period Value One
StockRedeemedOrCalledDuringPeriodValueOne
|
-55000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
349241 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-616745 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-616745 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
644898 | usd |
CY2024Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
678480 | usd |
CY2023Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
802992 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-92316 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-37522 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-28468 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
170097 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-218459 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Notes Payable Related Parties Current
IncreaseDecreaseInNotesPayableRelatedPartiesCurrent
|
14535 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14769 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-348085 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
55000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-55000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
55000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
55000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-14769 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-348085 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
28560 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
659035 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
13791 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
310950 | usd |
CY2024Q1 | us-gaap |
Stock Issued1
StockIssued1
|
586164 | usd |
CY2023Q1 | us-gaap |
Stock Issued1
StockIssued1
|
841220 | usd |
CY2024Q1 | ATMV |
Accrued Expenses Converted To Promissory Note
AccruedExpensesConvertedToPromissoryNote
|
51367 | usd |
CY2022Q4 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
61200000 | usd |
CY2022Q4 | ATMV |
Cash Deposited In Trust Account Per Unit
CashDepositedInTrustAccountPerUnit
|
10.20 | |
CY2024Q1 | ATMV |
Percentage Of Public Shares That Would Not Be Redeemed If Business Combination Is Not Completed Within Initial Combination Period
PercentageOfPublicSharesThatWouldNotBeRedeemedIfBusinessCombinationIsNotCompletedWithinInitialCombinationPeriod
|
1 | pure |
CY2024Q1 | us-gaap |
Liquidation Basis Of Accounting Accrued Costs To Dispose Of Assets And Liabilities
LiquidationBasisOfAccountingAccruedCostsToDisposeOfAssetsAndLiabilities
|
100000 | usd |
CY2023Q4 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
2174171 | shares |
CY2023Q4 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
23282936 | usd |
CY2023Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
10.71 | |
CY2024Q2 | us-gaap |
Escrow Deposit
EscrowDeposit
|
275000 | usd |
CY2024Q1 | us-gaap |
Cash
Cash
|
13791 | usd |
CY2024Q1 | ATMV |
Working Capital
WorkingCapital
|
616745 | usd |
CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_846_eus-gaap--UseOfEstimates_zzqUFX1BxTq" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86D_ztfx0VS7wQEg">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the financial statement in conformity with US GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13791 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28560 | usd |
CY2024Q1 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
51466768 | usd |
CY2023Q4 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
50880604 | usd |
CY2024Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
678480 | usd |
CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
802992 | usd |
CY2024Q1 | ATMV |
Offering Costs
OfferingCosts
|
55000 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
CY2024Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84E_eus-gaap--ConcentrationRiskCreditRisk_z8qVRo4TEMJg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_867_zBt9ZHnZYCb1">Concentration of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $<span id="xdx_90A_eus-gaap--CashFDICInsuredAmount_iI_c20240331_z5ZIYyRVerY8" title="Federal Depository Insurance Coverage">250,000</span>. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
50880604 | usd |
CY2024Q1 | ATMV |
Stock Issued During Period Value For Common Stock Subject To Redemption Amount Investment Held In Trust Account
StockIssuedDuringPeriodValueForCommonStockSubjectToRedemptionAmountInvestmentHeldInTrustAccount
|
586164 | usd |
CY2024Q1 | ATMV |
Stock Issued During Period Value For Common Stock Subject To Redemption Amount Extension Deposit
StockIssuedDuringPeriodValueForCommonStockSubjectToRedemptionAmountExtensionDeposit
|
55000 | usd |
CY2024Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
51521768 | usd |
CY2024Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
30000 | usd |
CY2024Q1 | us-gaap |
Other Expenses
OtherExpenses
|
30000 | usd |
CY2023Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
30000 | usd |
CY2022Q2 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
150000 | usd |
CY2024Q1 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
0 | usd |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
400000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
|
537 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
|
784 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
|
157 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
|
79 | usd |
CY2022Q4 | us-gaap |
Payments For Underwriting Expense
PaymentsForUnderwritingExpense
|
1725000 | usd |
CY2024Q1 | ATMV |
Percentage Of Cash Fee On Consideration Payable In Initial Business Combination
PercentageOfCashFeeOnConsiderationPayableInInitialBusinessCombination
|
0.010 | pure |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2280500 | shares |
CY2024Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
4725829 | shares |
CY2024Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
92316 | usd |