2024 Q2 Form 10-K Financial Statement

#000121390024028925 Filed on April 01, 2024

View on sec.gov

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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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
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0.10 pure
CY2023 brez Business Combination Incomplete Percentage Of Stock Redemption
BusinessCombinationIncompletePercentageOfStockRedemption
1 pure
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10.35
CY2022Q2 us-gaap Stock Redeemed Or Called During Period Shares
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109000 usd
CY2022Q3 us-gaap Temporary Equity Redemption Price Per Share
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10.35
CY2022Q3 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
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CY2022Q3 us-gaap Stock Redeemed Or Called During Period Value
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CY2022Q3 brez Cash Withdrawn From Trust Account
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CY2022Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
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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
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quarter of 2024
CY2023Q4 us-gaap Cash
Cash
4228 usd
CY2023Q4 brez Working Capital Excluding Income And Excise Tax Payable
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ProceedsFromSaleOfFounderShares
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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
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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
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CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
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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
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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

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