2023 Q1 Form 10-Q Financial Statement

#000149315223019137 Filed on May 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 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 $1.552M $797.4K
YoY Change 94.59%
Operating Profit -$1.552M -$797.4K
YoY Change 94.59%
Interest Expense $1.190M $3.637M
YoY Change -67.27%
% of Operating Profit
Other Income/Expense, Net $1.190M $3.895M
YoY Change -69.44%
Pretax Income -$361.4K $3.098M
YoY Change -111.67%
Income Tax
% Of Pretax Income
Net Earnings -$361.4K $3.098M
YoY Change -111.67%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$0.02 $122.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.830K $593.8K
YoY Change -98.34%
Cash & Equivalents $9.828K $593.8K
Short-Term Investments
Other Short-Term Assets $254.6K $503.6K
YoY Change -49.44%
Inventory $4.850M
Prepaid Expenses $254.6K
Receivables $5.998M
Other Receivables $6.383M
Total Short-Term Assets $264.4K $1.097M
YoY Change -75.9%
LONG-TERM ASSETS
Property, Plant & Equipment $742.0K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $59.10M $204.0M
YoY Change -71.03%
Other Assets $772.0K $165.0K
YoY Change 367.82%
Total Long-Term Assets $59.10M $204.2M
YoY Change -71.06%
TOTAL ASSETS
Total Short-Term Assets $264.4K $1.097M
Total Long-Term Assets $59.10M $204.2M
Total Assets $59.36M $205.3M
YoY Change -71.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $345.9K $212.0K
YoY Change 63.13%
Accrued Expenses $1.427M $103.9K
YoY Change 1273.4%
Deferred Revenue $7.714M
YoY Change
Short-Term Debt $225.0K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.048M $315.9K
YoY Change 548.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.738M $9.214M
YoY Change -16.02%
Total Long-Term Liabilities $7.738M $9.214M
YoY Change -16.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.048M $315.9K
Total Long-Term Liabilities $7.738M $9.214M
Total Liabilities $9.786M $9.530M
YoY Change 2.68%
SHAREHOLDERS EQUITY
Retained Earnings -$9.522M
YoY Change
Common Stock $2.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$9.521M -$8.267M
YoY Change
Total Liabilities & Shareholders Equity $59.36M $205.3M
YoY Change -71.08%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$361.4K $3.098M
YoY Change -111.67%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$136.3K -$747.2K
YoY Change -81.76%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $149.1M -$204.0M
YoY Change -173.06%
Cash From Investing Activities $149.1M -$204.0M
YoY Change -173.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $149.3M
YoY Change
Debt Paid & Issued, Net $242.8K
YoY Change
Cash From Financing Activities -$149.1M 205.3M
YoY Change -172.63%
NET CHANGE
Cash From Operating Activities -$136.3K -747.2K
Cash From Investing Activities $149.1M -204.0M
Cash From Financing Activities -$149.1M 205.3M
Net Change In Cash -$181.3K 528.4K
YoY Change -134.31%
FREE CASH FLOW
Cash From Operating Activities -$136.3K -$747.2K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001883788
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2022Q1 us-gaap Investment Income Dividend
InvestmentIncomeDividend
usd
CY2023Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
usd
CY2022Q1 ATAK Investmentincomedividends
Investmentincomedividends
usd
CY2023Q1 ATAK Allocation Of Deferred Offering Costs For Warrant Liability
AllocationOfDeferredOfferingCostsForWarrantLiability
usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2023Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
usd
CY2022Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
usd
CY2022Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2023Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
usd
CY2023Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2023Q1 ATAK Initial Measurement Of Classa Ordinary Shares Subject To Possible Redemption
InitialMeasurementOfClassaOrdinarySharesSubjectToPossibleRedemption
usd
CY2023Q1 ATAK Initial Measurement Of Public Warrants And Private Placement Warrants
InitialMeasurementOfPublicWarrantsAndPrivatePlacementWarrants
usd
CY2023Q1 ATAK Deferred Underwriting Fee Payable
DeferredUnderwritingFeePayable
usd
CY2023Q1 ATAK Forfeiture Of Representative Shares
ForfeitureOfRepresentativeShares
usd
CY2023Q1 ATAK Stock Issued During Period Representative Shares Issued Value Class A
StockIssuedDuringPeriodRepresentativeSharesIssuedValueClassA
usd
CY2023Q1 ATAK Deferred Offering Costs Incurred Included In Accrued Offering Costs
DeferredOfferingCostsIncurredIncludedInAccruedOfferingCosts
usd
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-41250
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
AURORA TECHNOLOGY ACQUISITION CORP.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
E9
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1624542
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
4 Embarcadero Center
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1449
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
San Francisco
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94105
CY2023Q1 dei City Area Code
CityAreaCode
650
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
550-0458
CY2023Q1 dei Security12b Title
Security12bTitle
Class A Ordinary Share, par value $0.0001 per share
CY2023Q1 dei Trading Symbol
TradingSymbol
ATAK
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
true
CY2023Q1 us-gaap Cash
Cash
9828 usd
CY2022Q4 us-gaap Cash
Cash
191103 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
254597 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
284597 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
264425 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
475700 usd
CY2023Q1 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
59096654 usd
CY2022Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
206879903 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
59096654 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
206879903 usd
CY2023Q1 us-gaap Assets
Assets
59361079 usd
CY2022Q4 us-gaap Assets
Assets
207355603 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
345866 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
30132 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1426693 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
357026 usd
CY2023Q1 ATAK Accrued Offering Costs
AccruedOfferingCosts
50000 usd
CY2022Q4 ATAK Accrued Offering Costs
AccruedOfferingCosts
50000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2047559 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
437158 usd
CY2023Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
668000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
589420 usd
CY2023Q1 ATAK Deferred Underwriting Commissions Noncurrent
DeferredUnderwritingCommissionsNoncurrent
7070000 usd
CY2022Q4 ATAK Deferred Underwriting Commissions Noncurrent
DeferredUnderwritingCommissionsNoncurrent
7070000 usd
CY2023Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7738000 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7659420 usd
CY2023Q1 us-gaap Liabilities
Liabilities
9785559 usd
CY2022Q4 us-gaap Liabilities
Liabilities
8096578 usd
CY2023Q1 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.42
CY2022Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.24
CY2023Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
59096654 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
206879903 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-9521669 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-7621413 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-9521134 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-7620878 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
59361079 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
207355603 usd
CY2023Q1 ATAK Formation And Operating Costs
FormationAndOperatingCosts
1551676 usd
CY2022Q1 ATAK Formation And Operating Costs
FormationAndOperatingCosts
797398 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1551676 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-797398 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
78580 usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-3636595 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
258440 usd
CY2023Q1 us-gaap Investment Income Dividend
InvestmentIncomeDividend
1268885 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1190305 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3895035 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-361371 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3097637 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-7620878 usd
CY2023Q1 ATAK Remeasurement Of Redemption Value
RemeasurementOfRedemptionValue
-1538885 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-361371 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-9521134 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
15037 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
15037 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
15037 usd
CY2022Q1 ATAK Remeasurement Of Redemption Value
RemeasurementOfRedemptionValue
-30006587 usd
CY2022Q1 ATAK Stock Issued During Period Representative Shares Issued Value
StockIssuedDuringPeriodRepresentativeSharesIssuedValue
3030000 usd
CY2022Q1 ATAK Rights Underlying The Units Value
RightsUnderlyingTheUnitsValue
15596420 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3097637 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3097637 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-8267493 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-8267493 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-361371 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3097637 usd
CY2023Q1 ATAK Investmentincomedividends
Investmentincomedividends
1268885 usd
CY2022Q1 ATAK Allocation Of Deferred Offering Costs For Warrant Liability
AllocationOfDeferredOfferingCostsForWarrantLiability
516747 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
78580 usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-3636595 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
258440 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-30000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
668590 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1385401 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
202073 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-136275 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-747168 usd
CY2022Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
204020000 usd
CY2023Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
270000 usd
CY2023Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
149322133 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
149052133 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-204020000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
202000000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
6470000 usd
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2525000 usd
CY2023Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
225000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
242801 usd
CY2022Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
406631 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
149322133 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-149097133 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
205295568 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-181275 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
528400 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191103 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
65373 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9828 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
593773 usd
CY2022Q1 ATAK Initial Measurement Of Classa Ordinary Shares Subject To Possible Redemption
InitialMeasurementOfClassaOrdinarySharesSubjectToPossibleRedemption
174013413 usd
CY2022Q1 ATAK Initial Measurement Of Public Warrants And Private Placement Warrants
InitialMeasurementOfPublicWarrantsAndPrivatePlacementWarrants
5780547 usd
CY2022Q1 ATAK Deferred Underwriting Fee Payable
DeferredUnderwritingFeePayable
7070000 usd
CY2023Q1 ATAK Remeasurement Of Class A Ordinary Shares Subject To Possible Redemption
RemeasurementOfClassAOrdinarySharesSubjectToPossibleRedemption
1538885 usd
CY2022Q1 ATAK Remeasurement Of Class A Ordinary Shares Subject To Possible Redemption
RemeasurementOfClassAOrdinarySharesSubjectToPossibleRedemption
30006587 usd
CY2022Q1 ATAK Forfeiture Of Representative Shares
ForfeitureOfRepresentativeShares
-70 usd
CY2022Q1 ATAK Stock Issued During Period Representative Shares Issued Value Class A
StockIssuedDuringPeriodRepresentativeSharesIssuedValueClassA
30 usd
CY2022Q1 ATAK Deferred Offering Costs Incurred Included In Accrued Offering Costs
DeferredOfferingCostsIncurredIncludedInAccruedOfferingCosts
103884 usd
CY2022Q1 ATAK Overallotment Option Liability
OverallotmentOptionLiability
258440 usd
CY2022Q1 ATAK Stock Issued During Period Representative Shares Issued Value
StockIssuedDuringPeriodRepresentativeSharesIssuedValue
3030000 usd
CY2022Q1 ATAK Rights Underlying The Units Value
RightsUnderlyingTheUnitsValue
15596420 usd
CY2022Q1 us-gaap Cash
Cash
1468333 usd
CY2023Q1 us-gaap Deposits
Deposits
270000 usd
CY2023Q1 ATAK Percentage Of Fair Market Value Of Target Business To Asset Held In Trust Account
PercentageOfFairMarketValueOfTargetBusinessToAssetHeldInTrustAccount
0.80 pure
CY2023Q1 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
5000001 usd
CY2023Q1 ATAK Business Combination Extension Of Business Combination Period
BusinessCombinationExtensionOfBusinessCombinationPeriod
extends the period of time to consummate the initial Business Combination up to six times, each by an additional one month (for a total of up to 24 months from the date of the Initial Public Offering to complete the Business Combination)
CY2023Q1 ATAK Number Of Days Within Which Public Shares Shall Be Redeemed
NumberOfDaysWithinWhichPublicSharesShallBeRedeemed
P10D
CY2023Q1 us-gaap Liquidation Basis Of Accounting Accrued Costs To Dispose Of Assets And Liabilities
LiquidationBasisOfAccountingAccruedCostsToDisposeOfAssetsAndLiabilities
50000 usd
CY2023Q1 us-gaap Cash
Cash
9828 usd
CY2022Q4 us-gaap Cash
Cash
191103 usd
CY2023Q1 ATAK Net Working Capital Surplus Deficit
NetWorkingCapitalSurplusDeficit
1783134 usd
CY2022Q4 ATAK Net Working Capital Surplus Deficit
NetWorkingCapitalSurplusDeficit
38542 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_849_eus-gaap--UseOfEstimates_z0pprGy9rkx2" style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zpMHMxszp8a">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; padding: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the condensed financial statements in conformity with U.S. 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; margin: 0pt; text-align: justify"><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 statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liabilities. Such estimates may be subject to change as more current information becomes available. Accordingly, the actual results could differ significantly from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023Q1 ATAK Percentage Of Public Shares To Be Redeemed In Case Business Combination Is Not Consummated
PercentageOfPublicSharesToBeRedeemedInCaseBusinessCombinationIsNotConsummated
1 pure
CY2022Q1 ATAK Overallotment Option Liability
OverallotmentOptionLiability
258440 usd
CY2022Q1 ATAK Stock Issued During Period Representative Shares Issued Value
StockIssuedDuringPeriodRepresentativeSharesIssuedValue
3030000 usd
CY2022Q1 ATAK Rights Underlying The Units Value
RightsUnderlyingTheUnitsValue
15596420 usd
CY2023Q1 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
14529877 shares
CY2023Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
149322133 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q1 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
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zbLqx4AnO6o8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86A_zjtbiJptjS2">Concentration of Credit Risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><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; text-align: justify"><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 a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $<span id="xdx_902_eus-gaap--CashFDICInsuredAmount_iI_c20230331_zsrig3n3soK9" title="Federal depository insurance coverage">250,000</span>. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
26670000 shares
CY2023Q1 ATAK Minimum Lock In Period For Transfer Assign Or Sell Warrants After Completion Of Ipo
MinimumLockInPeriodForTransferAssignOrSellWarrantsAfterCompletionOfIpo
P30D
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
668000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
589420 usd

Files In Submission

Name View Source Status
0001493152-23-019137-index-headers.html Edgar Link pending
0001493152-23-019137-index.html Edgar Link pending
0001493152-23-019137.txt Edgar Link pending
0001493152-23-019137-xbrl.zip Edgar Link pending
atak-20230331.xsd Edgar Link pending
ex31-1.htm Edgar Link pending
atak-20230331_lab.xml Edgar Link unprocessable
atak-20230331_cal.xml Edgar Link unprocessable
atak-20230331_pre.xml Edgar Link unprocessable
atak-20230331_def.xml Edgar Link unprocessable
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
form10-q_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable