2024 Q2 Form 10-K Financial Statement
#000121390024028925 Filed on April 01, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
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 | $506.7K | $2.070M | |
YoY Change | -28.88% | -10.89% | |
Operating Profit | -$537.4K | -$2.070M | |
YoY Change | 77.17% | -10.89% | |
Interest Expense | $171.0K | $167.6K | $554.7K |
YoY Change | 12.36% | 68128.91% | |
% of Operating Profit | |||
Other Income/Expense, Net | $17.65M | $1.016M | -$460.8K |
YoY Change | -1568.38% | -400.0% | -107.54% |
Pretax Income | $17.11M | $676.4K | -$2.531M |
YoY Change | -1236.75% | -164.36% | -166.77% |
Income Tax | $6.264K | -$15.63K | $18.17K |
% Of Pretax Income | 0.04% | -2.31% | |
Net Earnings | $17.10M | $692.0K | -$2.549M |
YoY Change | -1232.46% | -165.95% | -167.29% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $4.05 | -$0.58 | |
Diluted Earnings Per Share | $4.05 | $0.16 | -$0.58 |
COMMON SHARES | |||
Basic Shares Outstanding | 4.299M shares | 4.299M shares | 4.428M shares |
Diluted Shares Outstanding | 4.221M shares | 4.428M shares |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.230K | $4.230K | |
YoY Change | -70.06% | -70.06% | |
Cash & Equivalents | $39.97K | $4.228K | |
Short-Term Investments | |||
Other Short-Term Assets | $261.9K | $261.9K | |
YoY Change | 38.9% | 38.9% | |
Inventory | |||
Prepaid Expenses | $189.1K | $149.0K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $311.3K | $266.1K | $266.2K |
YoY Change | 82.21% | 31.3% | 31.3% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $12.98M | $12.98M | |
YoY Change | -26.81% | -26.81% | |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $10.38M | $12.98M | $12.98M |
YoY Change | -19.15% | -26.81% | -26.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $311.3K | $266.1K | $266.2K |
Total Long-Term Assets | $10.38M | $12.98M | $12.98M |
Total Assets | $10.69M | $13.24M | $13.24M |
YoY Change | -17.82% | -26.15% | -26.15% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $206.6K | $206.6K | |
YoY Change | 206.13% | 206.13% | |
Accrued Expenses | $56.27K | $56.27K | |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $9.894M | $8.077M | $8.077M |
YoY Change | 40.21% | 45.53% | 45.53% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | $2.200M | $2.200M | |
YoY Change | 85.71% | 85.71% | |
Total Long-Term Liabilities | $2.200M | $2.200M | |
YoY Change | 85.71% | 85.71% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.894M | $8.077M | $8.077M |
Total Long-Term Liabilities | $2.200M | $2.200M | |
Total Liabilities | $15.75M | $10.28M | $10.28M |
YoY Change | 67.09% | 52.59% | 52.59% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$15.34M | -$9.682M | |
YoY Change | 69.54% | 48.22% | |
Common Stock | $315.00 | $315.00 | |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$15.34M | -$9.682M | $2.966M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.69M | $13.24M | $13.24M |
YoY Change | -17.82% | -26.15% | -26.15% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $17.10M | $692.0K | -$2.549M |
YoY Change | -1232.46% | -165.95% | -167.29% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$688.4K | -$2.025M | |
YoY Change | -49.54% | -33.02% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$121.7K | $5.308M | |
YoY Change | -36.49% | -94.71% | |
Cash From Investing Activities | -$121.7K | $5.308M | |
YoY Change | -36.49% | -94.71% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.627M | ||
YoY Change | -94.46% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 632.7K | -$3.293M | |
YoY Change | -59.7% | -96.62% | |
NET CHANGE | |||
Cash From Operating Activities | -688.4K | -$2.025M | |
Cash From Investing Activities | -121.7K | $5.308M | |
Cash From Financing Activities | 632.7K | -$3.293M | |
Net Change In Cash | -177.5K | -$9.901K | |
YoY Change | -1363.06% | -213.47% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$688.4K | -$2.025M | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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CY2023 | brez |
Increase Decrease In Prepaid Franchise Taxes
IncreaseDecreaseInPrepaidFranchiseTaxes
|
47550 | usd |
CY2022 | brez |
Increase Decrease In Prepaid Franchise Taxes
IncreaseDecreaseInPrepaidFranchiseTaxes
|
usd | |
CY2023 | brez |
Increase Decrease In Prepaid Income Taxes
IncreaseDecreaseInPrepaidIncomeTaxes
|
36742 | usd |
CY2022 | brez |
Increase Decrease In Prepaid Income Taxes
IncreaseDecreaseInPrepaidIncomeTaxes
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
usd | |
CY2022 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
95790 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
139139 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-530947 | usd |
CY2023 | brez |
Increase Decrease In Franchise Taxes Payable
IncreaseDecreaseInFranchiseTaxesPayable
|
usd | |
CY2022 | brez |
Increase Decrease In Franchise Taxes Payable
IncreaseDecreaseInFranchiseTaxesPayable
|
-210000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-2089 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
2089 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2024603 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3022729 | usd |
CY2023 | us-gaap |
Payments To Acquire Trust Preferred Investments
PaymentsToAcquireTrustPreferredInvestments
|
528514 | usd |
CY2022 | us-gaap |
Payments To Acquire Trust Preferred Investments
PaymentsToAcquireTrustPreferredInvestments
|
1400840 | usd |
CY2023 | brez |
Cash Withdrawn From Trust Account To Redeeming Shareholders
CashWithdrawnFromTrustAccountToRedeemingShareholders
|
5627005 | usd |
CY2022 | brez |
Cash Withdrawn From Trust Account To Redeeming Shareholders
CashWithdrawnFromTrustAccountToRedeemingShareholders
|
101545684 | usd |
CY2023 | brez |
Cash Withdrawn From Trust Account To Pay Franchise And Income Taxes
CashWithdrawnFromTrustAccountToPayFranchiseAndIncomeTaxes
|
209650 | usd |
CY2022 | brez |
Cash Withdrawn From Trust Account To Pay Franchise And Income Taxes
CashWithdrawnFromTrustAccountToPayFranchiseAndIncomeTaxes
|
231246 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5308141 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
100376090 | usd |
CY2023 | brez |
Proceeds From Short Term Working Capital Loan Related Party
ProceedsFromShortTermWorkingCapitalLoanRelatedParty
|
1811900 | usd |
CY2023 | brez |
Proceeds From Promissory Note Related Party
ProceedsFromPromissoryNoteRelatedParty
|
521666 | usd |
CY2022 | brez |
Proceeds From Promissory Note Related Party
ProceedsFromPromissoryNoteRelatedParty
|
1400840 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5627005 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
101545684 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3293439 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-97344635 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-9901 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
8726 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14129 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5403 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4228 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14129 | usd |
CY2023 | brez |
Non Cash Excise Taxes Payable
NonCashExciseTaxesPayable
|
56270 | usd |
CY2023 | brez |
Accretion Of Common Stocks Subject To Redemption Value
AccretionOfCommonStocksSubjectToRedemptionValue
|
544550 | usd |
CY2022 | brez |
Accretion Of Common Stocks Subject To Redemption Value
AccretionOfCommonStocksSubjectToRedemptionValue
|
1400840 | usd |
CY2020Q4 | brez |
Sale Of Private Placement Warrants
SaleOfPrivatePlacementWarrants
|
5425000 | shares |
CY2020Q4 | brez |
Class Of Warrant Or Right Issue Price Of Warrants Or Rights Per Share
ClassOfWarrantOrRightIssuePriceOfWarrantsOrRightsPerShare
|
1 | |
CY2020Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
4099907 | usd |
CY2020Q4 | brez |
Underwriting Fees
UnderwritingFees
|
2300000 | usd |
CY2020Q4 | brez |
Other Offering Costs
OtherOfferingCosts
|
477557 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
4228 | usd |
CY2023Q4 | brez |
Aggregate Fair Market Value Of Acquisition Threshold As Percentage Of Assets Held In Trust Account
AggregateFairMarketValueOfAcquisitionThresholdAsPercentageOfAssetsHeldInTrustAccount
|
0.80 | pure |
CY2023 | brez |
Minimum Voting Interest To Be Owned Or Acquired To Complete Business Combination
MinimumVotingInterestToBeOwnedOrAcquiredToCompleteBusinessCombination
|
0.50 | pure |
CY2023Q4 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.15 | |
CY2023Q4 | brez |
Business Combination Minimum Threshold Limit Of Net Intangible Assets Required
BusinessCombinationMinimumThresholdLimitOfNetIntangibleAssetsRequired
|
5000001 | usd |
CY2023 | brez |
Restriction On Public Share Redemption In Case Of Stockholder Approval Of Business Combination
RestrictionOnPublicShareRedemptionInCaseOfStockholderApprovalOfBusinessCombination
|
0.10 | pure |
CY2023 | brez |
Business Combination Incomplete Percentage Of Stock Redemption
BusinessCombinationIncompletePercentageOfStockRedemption
|
1 | pure |
CY2022Q2 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.35 | |
CY2022Q2 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
6732987 | shares |
CY2022Q2 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
69700628 | usd |
CY2022Q2 | brez |
Cash Withdrawn From Trust Account
CashWithdrawnFromTrustAccount
|
109000 | usd |
CY2022Q3 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.35 | |
CY2022Q3 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
3076817 | shares |
CY2022Q3 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
31845056 | usd |
CY2022Q3 | brez |
Cash Withdrawn From Trust Account
CashWithdrawnFromTrustAccount
|
122247 | usd |
CY2022Q3 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0.035 | |
CY2022Q3 | us-gaap |
Temporary Equity Value Excluding Additional Paid In Capital
TemporaryEquityValueExcludingAdditionalPaidInCapital
|
59157 | usd |
CY2022Q3 | us-gaap |
Temporary Equity Value Excluding Additional Paid In Capital
TemporaryEquityValueExcludingAdditionalPaidInCapital
|
59157 | usd |
CY2023 | brez |
Business Combination Completion Date Of Acquisition
BusinessCombinationCompletionDateOfAcquisition
|
2024-06-26 | |
CY2023Q4 | brez |
Business Combination Incomplete Maximum Dissolution Expenses To Be Paid
BusinessCombinationIncompleteMaximumDissolutionExpensesToBePaid
|
100000 | usd |
CY2023 | brez |
Assets Remaining Available For Distribution Per Share Maximum
AssetsRemainingAvailableForDistributionPerShareMaximum
|
10.35 | |
CY2023 | brez |
Assets Remaining Available For Distribution Per Share Maximum
AssetsRemainingAvailableForDistributionPerShareMaximum
|
10.35 | |
CY2022Q4 | brez |
Business Combination Expected To Close
BusinessCombinationExpectedToClose
|
quarter of 2024 | |
CY2023Q4 | us-gaap |
Cash
Cash
|
4228 | usd |
CY2023Q4 | brez |
Working Capital Excluding Income And Excise Tax Payable
WorkingCapitalExcludingIncomeAndExciseTaxPayable
|
-7849292 | usd |
CY2020Q4 | brez |
Proceeds From Sale Of Founder Shares
ProceedsFromSaleOfFounderShares
|
25000 | usd |
CY2020Q4 | brez |
Proceeds From Unsecured And Non Interest Bearing Promissory Notes
ProceedsFromUnsecuredAndNonInterestBearingPromissoryNotes
|
300000 | usd |
CY2023Q1 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
509712 | shares |
CY2023Q1 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.56 | |
CY2023Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
5400000 | usd |
CY2023Q3 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
21208 | shares |
CY2023Q3 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.77 | |
CY2023Q3 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
231000000000 | usd |
CY2023Q1 | brez |
Percentage Of Excise Tax On Redemption Amount Paid
PercentageOfExciseTaxOnRedemptionAmountPaid
|
0.01 | pure |
CY2023Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
56270 | usd |
CY2023 | brez |
Percentage Of Excise Tax Liability Shares Redeemed
PercentageOfExciseTaxLiabilitySharesRedeemed
|
0.01 | pure |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="border-left: none; border-right: none; line-height: 1.2;"> <div style="border-left: none; border-right: none;"> <div style="border-right: none; border-left: none;"> <div style="border-left: none; border-right: none;"> <div style="border-left: none; border-right: none;"> <div style="border-left: none; border-right: none; line-height: 1.2;"> <div style="border-left: none; border-right: none;"> <div style="border-right: none; border-left: none;"> <div style="border-left: none; border-right: none;"> <p class="highlightCont" style="margin: 0px; text-indent: 0px; font-size: 1pt; font-family: 'Times New Roman'; font-weight: normal; font-style: normal; text-transform: none; font-variant: normal;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">Use of estimates</span></p> </div> </div> </div> </div> <div style="border-left: none; border-right: none; line-height: 1.2;"> <div style="border-left: none; border-right: none;"> <p class="highlightCont" style="margin-bottom: 0pt; margin-top: 10pt; text-indent: 0%; font-size: 10pt; font-family: Times New Roman; font-weight: normal; font-style: normal; text-transform: none; font-variant: normal;">The preparation of the consolidated financial statements in conformity with 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 statements and the reported amounts of revenues and expenses during the reporting period.</p> </div> </div> </div> </div> </div> </div> </div> <div style="border-left: none; border-right: none; line-height: 1.2;"> <div style="border-left: none; border-right: none;"> <p class="highlightCont " style="margin-bottom: 0pt; margin-top: 10pt; text-indent: 0%; font-size: 10pt; font-family: Times New Roman; font-weight: normal; font-style: normal; text-transform: none; font-variant: normal;">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 statements, which management considered in formulating its estimate, could change in the near term due to <span>one</span> or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p> </div> </div> | |
CY2023Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2022Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2022Q3 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.35 | |
CY2022Q3 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
3076817 | shares |
CY2022Q3 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1690196 | shares |
CY2023Q1 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.56 | |
CY2023Q1 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
509712 | shares |
CY2023Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1159276 | shares |
CY2023Q3 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.77 | |
CY2023Q3 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
21208 | shares |
CY2023Q3 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1159276 | shares |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2023Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
0 | usd |
CY2022Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
0 | usd |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2549111 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3788224 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4427788 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4427788 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9294000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9294000 | shares |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.58 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.58 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.41 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.41 | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="margin-bottom: 0pt; margin-top: 0pt; text-indent: 0%; font-family: Times New Roman; font-size: 10pt;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">Concentration of credit risk</span></p> <div style="border-left: none; border-right: none;"> <div style="border-left: none; border-right: none;"> <p style="margin-bottom: 0pt; margin-top: 10pt; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman'; font-weight: normal; font-style: normal; text-transform: none; font-variant: normal; line-height: 1.2;">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 Deposit Insurance Corporate coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> </div> </div> | |
CY2023 | us-gaap |
Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
|
250000 | usd |
CY2023Q4 | brez |
Related Party Transaction Expenses Paid
RelatedPartyTransactionExpensesPaid
|
178572 | usd |
CY2023Q4 | brez |
Related Party Transaction Due To Related Party
RelatedPartyTransactionDueToRelatedParty
|
7814506 | usd |
CY2023Q4 | brez |
Deposits Held In Trust Account
DepositsHeldInTrustAccount
|
40575 | usd |
CY2023Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.035 | |
CY2023 | brez |
Percentage Of Advisor Cash Fee On Gross Proceeds Of Initial Public Offering
PercentageOfAdvisorCashFeeOnGrossProceedsOfInitialPublicOffering
|
0.0275 | pure |
CY2023 | brez |
Cash Fee For Advisory Services Upon Consummation Of Business Combination
CashFeeForAdvisoryServicesUponConsummationOfBusinessCombination
|
3162500 | usd |
CY2022Q4 | brez |
Transaction Success Fee Payable Upon Merger Proxy Business Combination Rate Agreement
TransactionSuccessFeePayableUponMergerProxyBusinessCombinationRateAgreement
|
50000 | usd |
CY2022Q1 | brez |
Service Fee Payable Upon Proxy Solicitation Services Agreement
ServiceFeePayableUponProxySolicitationServicesAgreement
|
25000 | usd |
CY2023Q4 | brez |
Number Of Fractional Shares Issued Upon Exercise Of Public Warrant
NumberOfFractionalSharesIssuedUponExerciseOfPublicWarrant
|
0 | shares |
CY2023 | brez |
Warrants Exercisable Period After Completion Of Business Combination
WarrantsExercisablePeriodAfterCompletionOfBusinessCombination
|
P30D | |
CY2023 | brez |
Warrants Exercisable Period From Closing Of Initial Public Offering
WarrantsExercisablePeriodFromClosingOfInitialPublicOffering
|
P12M | |
CY2023 | brez |
Warrant Expiration Period After Completion Of Business Combination Or Earlier Upon Redemption Or Liquidation
WarrantExpirationPeriodAfterCompletionOfBusinessCombinationOrEarlierUponRedemptionOrLiquidation
|
P5Y | |
CY2023Q4 | brez |
Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
|
0 | shares |
CY2023Q4 | brez |
Class Of Warrant Or Right Redemption Price
ClassOfWarrantOrRightRedemptionPrice
|
0.01 | |
CY2023 | brez |
Minimum Period Of Prior Written Notice Of Redemption Of Warrants
MinimumPeriodOfPriorWrittenNoticeOfRedemptionOfWarrants
|
P30D | |
CY2023Q4 | brez |
Minimum Price Per Share Required For Redemption Of Warrants
MinimumPricePerShareRequiredForRedemptionOfWarrants
|
18 | |
CY2023 | brez |
Warrants Redemption Covenant Threshold Trading Days
WarrantsRedemptionCovenantThresholdTradingDays
|
P20D | |
CY2023 | brez |
Warrants Redemption Covenant Threshold Consecutive Trading Days
WarrantsRedemptionCovenantThresholdConsecutiveTradingDays
|
P30D | |
CY2023Q4 | brez |
Maximum Effective Issue Price To Closing Of Business Combination
MaximumEffectiveIssuePriceToClosingOfBusinessCombination
|
9.2 | |
CY2023Q4 | brez |
Minimum Percentage Of Equity Proceeds From Issuances
MinimumPercentageOfEquityProceedsFromIssuances
|
0.60 | pure |
CY2023 | brez |
Number Of Trading Days Prior On Consummates Business Combination
NumberOfTradingDaysPriorOnConsummatesBusinessCombination
|
P20D | |
CY2023Q4 | brez |
Maximum Effective Issue Price To Closing Of Business Combination
MaximumEffectiveIssuePriceToClosingOfBusinessCombination
|
9.2 | |
CY2023Q4 | brez |
Percentage Of Exercise Price Of Warrants Adjusted Equal To Higher Of Market Value And Issued Price
PercentageOfExercisePriceOfWarrantsAdjustedEqualToHigherOfMarketValueAndIssuedPrice
|
1.15 | pure |
CY2023Q4 | brez |
Minimum Price Per Share Required For Redemption Of Warrants
MinimumPricePerShareRequiredForRedemptionOfWarrants
|
18 | |
CY2023 | brez |
Percentage Of Redemption Triggered Price Of Warrants Adjusted Equal To Higher Of Market Value And Issued Price
PercentageOfRedemptionTriggeredPriceOfWarrantsAdjustedEqualToHigherOfMarketValueAndIssuedPrice
|
1.80 | pure |
CY2023 | brez |
Warrants Will Not Be Transferable Assignable Or Saleable Number Of Period After Completion Of Business Combination
WarrantsWillNotBeTransferableAssignableOrSaleableNumberOfPeriodAfterCompletionOfBusinessCombination
|
P30D | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
5425000 | shares |
CY2023Q4 | brez |
Class Of Warrant Or Right Issue Price Of Warrants Or Rights Per Share
ClassOfWarrantOrRightIssuePriceOfWarrantsOrRightsPerShare
|
1 | |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
5425000 | usd |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
1 | shares |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
11.5 | |
CY2023 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
1015500 | usd |
CY2022 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-5923750 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
Holders of common stock are entitled to one vote for each share. | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3140000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3140000 | shares |
CY2023Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1159276 | shares |
CY2022Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1690196 | shares |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
71824 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
23712 | usd |
CY2023Q4 | brez |
Deferred Tax Assets Capitalized Start Up Costs
DeferredTaxAssetsCapitalizedStartUpCosts
|
777461 | usd |
CY2022Q4 | brez |
Deferred Tax Assets Capitalized Start Up Costs
DeferredTaxAssetsCapitalizedStartUpCosts
|
598616 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
849285 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
622328 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.0751 | pure |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
849285 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
622328 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
18169 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
2089 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-226958 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-284667 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
226958 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
284667 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18169 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2089 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
342018 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
112925 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
849285 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
622328 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | brez |
Effective Income Tax Rate Reconciliation Change In Fair Market Value Of Warrant Liabilities
EffectiveIncomeTaxRateReconciliationChangeInFairMarketValueOfWarrantLiabilities
|
-0.0843 | pure |
CY2022 | brez |
Effective Income Tax Rate Reconciliation Change In Fair Market Value Of Warrant Liabilities
EffectiveIncomeTaxRateReconciliationChangeInFairMarketValueOfWarrantLiabilities
|
-0.3282 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
|
0.0419 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
|
0.0191 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.0826 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.0246 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.0897 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.0025 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
pure | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.0072 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0006 | pure |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1184750 | usd |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-1015500 | usd |
CY2023Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2200250 | usd |