2024 Q2 Form 10-K Financial Statement

#000121390024033573 Filed on April 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $395.6K $324.9K $1.301M
YoY Change 10.52% 35.64% 97.99%
% of Gross Profit
Research & Development $0.00
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $395.6K $324.9K $1.301M
YoY Change 10.52% 35.64% 97.99%
Operating Profit -$395.6K -$1.301M
YoY Change 10.52% 97.99%
Interest Expense -$15.06K $509.9K $3.364M
YoY Change -103.77% -54.43% 113.25%
% of Operating Profit
Other Income/Expense, Net -$56.03K $15.90K -$26.50K
YoY Change 164.3% -104.77%
Pretax Income -$451.6K $200.9K $2.037M
YoY Change -2313.92% -77.15% 37.95%
Income Tax $112.0K $690.6K
% Of Pretax Income 55.75% 33.91%
Net Earnings -$451.6K $88.92K $1.346M
YoY Change 194.14% -87.58% 9.14%
Net Earnings / Revenue
Basic Earnings Per Share -$0.03
Diluted Earnings Per Share -$0.03 $0.01 $0.14
COMMON SHARES
Basic Shares Outstanding 1.760M shares 8.802M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $845.3K $172.5K $172.5K
YoY Change 583.27% -49.4% -49.4%
Cash & Equivalents $845.3K $172.5K
Short-Term Investments
Other Short-Term Assets $154.5K $27.00K $27.00K
YoY Change 14.28% -72.78% -72.78%
Inventory
Prepaid Expenses $154.5K $27.00K
Receivables
Other Receivables
Total Short-Term Assets $999.8K $199.5K $199.5K
YoY Change 286.16% -54.67% -54.67%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $19.26M $19.26M
YoY Change -83.65% -83.65%
Other Assets $2.310M $2.186M
YoY Change
Total Long-Term Assets $2.310M $19.26M $19.26M
YoY Change -95.94% -83.65% -83.65%
TOTAL ASSETS
Total Short-Term Assets $999.8K $199.5K $199.5K
Total Long-Term Assets $2.310M $19.26M $19.26M
Total Assets $3.309M $19.46M $19.46M
YoY Change -94.22% -83.55% -83.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.99K $151.3K
YoY Change
Accrued Expenses $250.4K $1.497M $1.497M
YoY Change -8.45% 966.13% 468.65%
Deferred Revenue
YoY Change
Short-Term Debt $15.06K $65.00K $65.00K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $898.6K $2.313M $2.313M
YoY Change -33.52% 356.91% 356.91%
LONG-TERM LIABILITIES
Long-Term Debt $3.900M $1.540M $1.540M
YoY Change 348.28%
Other Long-Term Liabilities $62.22K $4.371M $4.371M
YoY Change -98.58% 0.61% 0.61%
Total Long-Term Liabilities $3.962M $5.911M $5.911M
YoY Change -24.47% 36.06% 36.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $898.6K $2.313M $2.313M
Total Long-Term Liabilities $3.962M $5.911M $5.911M
Total Liabilities $4.861M $8.242M $8.242M
YoY Change -27.73% 67.19% 67.19%
SHAREHOLDERS EQUITY
Retained Earnings -$5.536M -$7.351M
YoY Change -8.43% 81.73%
Common Stock $3.680M $340.00
YoY Change 1082327.35% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.551M $11.21M $11.21M
YoY Change
Total Liabilities & Shareholders Equity $3.309M $19.46M $19.46M
YoY Change -94.22% -83.55% -83.55%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$451.6K $88.92K $1.346M
YoY Change 194.14% -87.58% 9.14%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$552.9K -$248.8K -$1.263M
YoY Change 7.67% 239.98% 156.1%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$53.50K $39.07M $101.9M
YoY Change -100.08% -187.74%
Cash From Investing Activities -$53.50K $39.07M $101.9M
YoY Change -100.08% -187.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.613M -38.79M -100.8M
YoY Change -102.57% -186.19%
NET CHANGE
Cash From Operating Activities -552.9K -248.8K -1.263M
Cash From Investing Activities -53.50K 39.07M 101.9M
Cash From Financing Activities 1.613M -38.79M -100.8M
Net Change In Cash 1.007M 26.20K -168.4K
YoY Change 17443.73% -135.8% -150.13%
FREE CASH FLOW
Cash From Operating Activities -$552.9K -$248.8K -$1.263M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
usd
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
usd
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-41340
CY2023 dei Entity Registrant Name
EntityRegistrantName
REDWOODS ACQUISITION CORP.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-2727441
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
61037 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-78955 usd
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
1115 Broadway
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
12th Floor
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
New York
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10010
CY2023 dei City Area Code
CityAreaCode
(646)
CY2023 dei Local Phone Number
LocalPhoneNumber
916-5315
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
true
CY2023Q2 dei Entity Public Float
EntityPublicFloat
56560000 usd
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1760194 shares
CY2023 dei Auditor Firm
AuditorFirmId
688
CY2023 dei Auditor Name
AuditorName
Marcum LLP
CY2023 dei Auditor Location
AuditorLocation
East Hanover, NJ
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172535 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
340962 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
26995 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
99196 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
199530 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
440158 usd
CY2023Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
19256423 usd
CY2022Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
117806478 usd
CY2023Q4 us-gaap Assets
Assets
19455953 usd
CY2022Q4 us-gaap Assets
Assets
118246636 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
396669 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
140370 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
65000 usd
CY2023Q4 rwod Franchise Tax Payable Current
FranchiseTaxPayableCurrent
75600 usd
CY2022Q4 rwod Franchise Tax Payable Current
FranchiseTaxPayableCurrent
122801 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
751562 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
243070 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
1024249 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2313080 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
506241 usd
CY2023Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
58300 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
31800 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
17919 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
78955 usd
CY2023Q4 rwod Deferred Underwriting Fee Payables
DeferredUnderwritingFeePayables
4312500 usd
CY2022Q4 rwod Deferred Underwriting Fee Payables
DeferredUnderwritingFeePayables
4312500 usd
CY2023Q4 us-gaap Liabilities
Liabilities
8241799 usd
CY2023Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
1760194 shares
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
11500000 shares
CY2023Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.55
CY2022Q4 us-gaap Liabilities
Liabilities
4929496 usd
CY2022Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.21
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
18564656 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
117361652 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3405000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3405000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3405000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3405000 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
340 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
340 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-7350842 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4044852 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-7350502 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-4044512 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19455953 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
118246636 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1225241 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
533992 usd
CY2023 rwod Franchise Tax Expenses
FranchiseTaxExpenses
75600 usd
CY2022 rwod Franchise Tax Expenses
FranchiseTaxExpenses
123026 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-1300841 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-657018 usd
CY2023 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
3364038 usd
CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
1656478 usd
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
26500 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-555917 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2036697 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1555377 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
690572 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
322025 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1346125 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1233352 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-4044512 usd
CY2023 rwod Stock Issued During Period Value Exercise Tax Liability
StockIssuedDuringPeriodValueExerciseTaxLiability
-1024249 usd
CY2023 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
3627865 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1346125 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-7350502 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-3559 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
25000 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
115000000 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
5300000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
100 usd
CY2022 rwod Stock Issued During Period Value Underwriter Commissions
StockIssuedDuringPeriodValueUnderwriterCommissions
-7187500 usd
CY2022 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
-462536 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
587717 usd
CY2022 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
94875000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
6901405 usd
CY2022 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
29388057 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1233352 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-4044512 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1346125 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
1233352 usd
CY2023 us-gaap Investment Income Interest
InvestmentIncomeInterest
3364038 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
1656478 usd
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
26500 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-555917 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-72201 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
99196 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
256299 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
140370 usd
CY2023 rwod Increase Decrease In Franchise Tax Payable
IncreaseDecreaseInFranchiseTaxPayable
-47201 usd
CY2022 rwod Increase Decrease In Franchise Tax Payable
IncreaseDecreaseInFranchiseTaxPayable
122801 usd
CY2023 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
508492 usd
CY2022 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
243070 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1262659 usd
CY2023Q4 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
39255410 usd
CY2023Q4 rwod Redemption Value Per Share
RedemptionValuePerShare
10.79
CY2023Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
35000 usd
CY2023Q4 us-gaap Deposits
Deposits
35000 usd
CY2023Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
10.1
CY2023 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1 pure
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
60000000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-493043 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
116150000 usd
CY2023 us-gaap Proceeds From Sale Of Insurance Investments
ProceedsFromSaleOfInsuranceInvestments
519232 usd
CY2023 us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
102424861 usd
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1030000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
101914093 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-116150000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
25000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
115000000 usd
CY2022 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
5300000 usd
CY2022 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
100 usd
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1540000 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
200000 usd
CY2023 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
65000 usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
102424861 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
200000 usd
CY2022 rwod Repayment Of Advance From Related Party
RepaymentOfAdvanceFromRelatedParty
8511 usd
CY2022 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
2875000 usd
CY2022 rwod Payment Of Deferred Offering Costs
PaymentOfDeferredOfferingCosts
462537 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-100819861 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
116979052 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-168427 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
336010 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
340962 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4952 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172535 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
340962 usd
CY2022 rwod Initial Classification Of Common Stock Subject To Redemption
InitialClassificationOfCommonStockSubjectToRedemption
94873850 usd
CY2022 rwod Initial Recognition Of Warrant Liabilities
InitialRecognitionOfWarrantLiabilities
587717 usd
CY2022 us-gaap Other Underwriting Expense
OtherUnderwritingExpense
4312500 usd
CY2022 rwod Allocation Of Offering Costs To Common Stock Subject To Redemption
AllocationOfOfferingCostsToCommonStockSubjectToRedemption
6901405 usd
CY2023 rwod Net Loss Including Accretion Of Common Stock To Redemption Value
NetLossIncludingAccretionOfCommonStockToRedemptionValue
3627865 usd
CY2022 rwod Net Loss Including Accretion Of Common Stock To Redemption Value
NetLossIncludingAccretionOfCommonStockToRedemptionValue
29388057 usd
CY2023 rwod Exercise Taxliability
ExerciseTaxliability
1024250 usd
CY2022Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10
CY2022Q2 rwod Total Gross Proceeds
TotalGrossProceeds
4775000 usd
CY2023 rwod Units Issued During Period Shares New Issues
UnitsIssuedDuringPeriodSharesNewIssues
1500000 shares
CY2022Q2 rwod Purchased Public Units
PurchasedPublicUnits
1500000 shares
CY2022Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10
CY2022Q2 rwod Total Gross Proceeds
TotalGrossProceeds
525000 usd
CY2023Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
8365339 usd
CY2023 rwod Underwriting Fees
UnderwritingFees
2875000 usd
CY2023 rwod Deferred Underwriting Fees
DeferredUnderwritingFees
4312500 usd
CY2023 rwod Other Offering Costs
OtherOfferingCosts
1177839 usd
CY2022Q2 rwod Total Amount
TotalAmount
116150000 usd
CY2023 rwod Aggregate Of Shares
AggregateOfShares
6103350 shares
CY2023 rwod Redemption Value
RedemptionValue
63169451 usd
CY2023Q4 rwod Redemption Per Share
RedemptionPerShare
10.35
CY2023 rwod Initial Threemonth Extension
InitialThreemonthExtension
360000 usd
CY2023 rwod Onemonth Extension
OnemonthExtension
120000 usd
CY2023Q4 rwod Trust Account Amount
TrustAccountAmount
120000 usd
CY2023Q4 rwod Trust Account Amount
TrustAccountAmount
35000 usd
CY2023Q4 rwod Aggregate Shares
AggregateShares
3636456 shares
CY2023 rwod Description Of Contingent Consideration Shares
DescriptionOfContingentConsiderationShares
(i) 2,000,000 Contingent Consideration Shares upon the Company achieving a closing price equal to or exceeding $12.50 for 10 trading days within a 20-day trading period in the first three years following the closing of the Merger; (ii) 2,000,000 Contingent Consideration Shares upon the Company achieving a closing price equal to or exceeding $15.00 for 10 trading days within a 20-day trading period in the first three years following the closing of the Merger; and (iii) 1,000,000 Contingent Consideration Shares upon the Company achieving a closing price equal to or exceeding $20.00 for 10 trading days within a 20-day trading period in the first five years following the closing of the Merger
CY2023 rwod Description Of Deferred Shares
DescriptionOfDeferredShares
The underwriters have agreed to waive their rights to their deferred underwriting commissions (see Note 7) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares.
CY2023Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.1
CY2023 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
2875000 shares
CY2023Q2 rwod Termination Date
TerminationDate
2024-06-04
CY2023Q2 us-gaap Interest Income Other
InterestIncomeOther
519231 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
153089 usd
CY2023Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
150000 usd
CY2023Q4 us-gaap Cash
Cash
172535 usd
CY2023Q4 rwod Working Capital Deficit
WorkingCapitalDeficit
2113550 usd
CY2023Q1 rwod Sponsor Provided Loan
SponsorProvidedLoan
150000 usd
CY2023Q1 rwod Sponsor Provided Loan
SponsorProvidedLoan
360000 usd
CY2023Q2 rwod Sponsor Provided Loan
SponsorProvidedLoan
360000 usd
CY2023Q3 rwod Sponsor Provided Loan
SponsorProvidedLoan
150000 usd
CY2023Q3 rwod Sponsor Provided Loan
SponsorProvidedLoan
120000 usd
CY2023Q4 rwod Sponsor Provided Loan
SponsorProvidedLoan
400000 usd
CY2023Q4 us-gaap Deposits
Deposits
35000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.01 pure
CY2022Q3 us-gaap Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount
ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount
0.01 pure
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1024250 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing these consolidated financial statements in conformity with U.S. GAAP, the Company’s management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported expenses during the reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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 consolidated financial statements, 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.</p>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172535 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
340962 usd
CY2023Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
8365339 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1346125 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1233352 usd
CY2023 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
3627864 usd
CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
29388057 usd
CY2023 rwod Net Loss Including Accretion Of Common Stock Redemption Value
NetLossIncludingAccretionOfCommonStockRedemptionValue
2281739 usd
CY2022 rwod Net Loss Including Accretion Of Common Stock Redemption Value
NetLossIncludingAccretionOfCommonStockRedemptionValue
28154705 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Concentration of Credit Risk</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution and money market funds held in the Trust Account. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</p>
CY2023Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
19256423 usd
CY2022Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
117806478 usd
CY2023Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
19256423 usd
CY2022Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
117806478 usd
CY2023Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
1500000 usd
CY2023Q4 us-gaap Long Term Debt Term
LongTermDebtTerm
P5Y
CY2023 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
11500000 shares
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
115000000 usd
CY2022 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
10695000 usd
CY2022Q4 rwod Proceeds Allocated To Public Rights
ProceedsAllocatedToPublicRights
-9430000 usd
CY2022Q4 rwod Offering Costs Of Public Shares
OfferingCostsOfPublicShares
-6901405 usd
CY2022 rwod Accretion Of Class A Ordinary Shares To Accreted Value
AccretionOfClassAOrdinarySharesToAccretedValue
29388057 usd
CY2022Q4 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
117361652 usd
CY2023 rwod Accretion Of Class A Ordinary Shares To Accreted Value
AccretionOfClassAOrdinarySharesToAccretedValue
3627865 usd
CY2023 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
102424861 usd
CY2023Q4 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
18564656 usd
CY2023 rwod Aggregate Private Units
AggregatePrivateUnits
477500 shares
CY2023Q4 rwod Sale Of Stock Price Per Shares
SaleOfStockPricePerShares
10
CY2023 rwod Aggregate Purchase Price
AggregatePurchasePrice
4775000 usd
CY2023 rwod Additional Aggregates Private Units
AdditionalAggregatesPrivateUnits
52500 shares
CY2023 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
525000 usd
CY2023Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
150000 usd
CY2023Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
360000 usd
CY2023Q3 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
150000 usd
CY2023 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1540000 usd
CY2022 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 usd
CY2023 rwod Accrued Expenses
AccruedExpenses
120000 usd
CY2022 rwod Accrued Expenses
AccruedExpenses
90000 usd
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
210000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
90000 usd
CY2023 rwod Underwriting Discount Percentage
UnderwritingDiscountPercentage
0.025 pure
CY2023 rwod Generating Gross Proceeds
GeneratingGrossProceeds
2875000 usd
CY2023 rwod Deferred Fee
DeferredFee
0.0375 pure
CY2023Q4 us-gaap Purchase Options Land
PurchaseOptionsLand
100 usd
CY2023 rwod Unit Purchase Option
UnitPurchaseOption
345000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.5
CY2023 rwod Aggregate Exercise Price
AggregateExercisePrice
3967500 usd
CY2023 us-gaap Line Of Credit Facility Expiration Period
LineOfCreditFacilityExpirationPeriod
P5Y
CY2023 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
100 usd
CY2023 rwod Right Of First Refusal Description
RightOfFirstRefusalDescription
The Company has granted Chardan a right of first refusal, for a period of 18 months after the date of the consummation of a Business Combination, to act as a book-running manager or placement agent, with at least 30% of the economics, for any and all future public and private equity, equity linked and debt offerings of the Company or any of its successors or subsidiaries.
CY2023 us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
200000 usd
CY2023 us-gaap Legal Fees
LegalFees
500000 usd
CY2023 rwod Deferred Legal Fees Service
DeferredLegalFeesService
1.2 shares
CY2022 rwod Deferred Legal Fees Service
DeferredLegalFeesService
0.3 shares
CY2023 rwod Market Price Percentage
MarketPricePercentage
1.15 pure
CY2023Q4 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
16.5
CY2023 rwod Market Valuein Percentage
MarketValueinPercentage
1.65 pure
CY2023Q4 rwod Price Per Warrant
PricePerWarrant
0.01
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
16.5
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
322025 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
17919 usd
CY2023Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
58300 usd
CY2022Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
31800 usd
CY2022Q4 rwod Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisAssetValue
31800 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
26500 usd
CY2023Q4 rwod Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisAssetValue
58300 usd
CY2022Q2 rwod Fair Value Of Private Warrants
FairValueOfPrivateWarrants
587717 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
11.5
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
11.5
CY2023Q4 rwod Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Underlying Share Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsUnderlyingSharePrice
10.7
CY2022Q4 rwod Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Underlying Share Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsUnderlyingSharePrice
10.06
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0351 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0297 pure
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0384 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0399 pure
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
308260 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
112138 usd
CY2023Q4 rwod Unrealized Gain On Investment Held In Trust Account
UnrealizedGainOnInvestmentHeldInTrustAccount
17919 usd
CY2022Q4 rwod Unrealized Gain On Investment Held In Trust Account
UnrealizedGainOnInvestmentHeldInTrustAccount
78955 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
290341 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
33183 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
308260 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
112138 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
17919 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
78955 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
751609 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
243070 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-257159 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-33183 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
196122 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
112138 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
690572 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
322025 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 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0027 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0751 pure
CY2023 rwod Transaction Costs
TransactionCosts
0.03 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.0963 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.0721 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.339 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.207 pure
CY2023Q4 us-gaap Deferred Taxes Business Combination Valuation Allowance Available To Reduce Intangible Assets
DeferredTaxesBusinessCombinationValuationAllowanceAvailableToReduceIntangibleAssets
308260 usd
CY2022Q4 us-gaap Deferred Taxes Business Combination Valuation Allowance Available To Reduce Intangible Assets
DeferredTaxesBusinessCombinationValuationAllowanceAvailableToReduceIntangibleAssets
112138 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
690572 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
78955 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
usd
CY2022 us-gaap Proceeds From Sale Of Insurance Investments
ProceedsFromSaleOfInsuranceInvestments
usd
CY2022 us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
usd
CY2022 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
usd
CY2023 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
usd
CY2023 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
usd
CY2022 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
usd
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
usd
CY2023 rwod Repayment Of Advance From Related Party
RepaymentOfAdvanceFromRelatedParty
usd
CY2023 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
usd
CY2023 rwod Payment Of Deferred Offering Costs
PaymentOfDeferredOfferingCosts
usd
CY2023 rwod Initial Classification Of Common Stock Subject To Redemption
InitialClassificationOfCommonStockSubjectToRedemption
usd
CY2023 rwod Initial Recognition Of Warrant Liabilities
InitialRecognitionOfWarrantLiabilities
usd
CY2023 us-gaap Other Underwriting Expense
OtherUnderwritingExpense
usd
CY2023 rwod Allocation Of Offering Costs To Common Stock Subject To Redemption
AllocationOfOfferingCostsToCommonStockSubjectToRedemption
usd
CY2022 rwod Exercise Taxliability
ExerciseTaxliability
usd
CY2023Q4 us-gaap Long Term Debt Term
LongTermDebtTerm
P5Y
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
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
CY2022 rwod Transaction Costs
TransactionCosts
pure
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001907223

Files In Submission

Name View Source Status
0001213900-24-033573-index-headers.html Edgar Link pending
0001213900-24-033573-index.html Edgar Link pending
0001213900-24-033573.txt Edgar Link pending
0001213900-24-033573-xbrl.zip Edgar Link pending
ea0202986-10k_redwoods.htm Edgar Link pending
ea020298601ex10-18_redwoods.htm Edgar Link pending
ea020298601ex21_redwoods.htm Edgar Link pending
ea020298601ex31-1_redwoods.htm Edgar Link pending
ea020298601ex31-2_redwoods.htm Edgar Link pending
ea020298601ex32-1_redwoods.htm Edgar Link pending
ea020298601ex32-2_redwoods.htm Edgar Link pending
ea020298601ex97-1_redwoods.htm Edgar Link pending
Financial_Report.xlsx 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
ea0202986-10k_redwoods_htm.xml Edgar Link completed
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
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.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
rwod-20231231.xsd Edgar Link pending
Show.js Edgar Link pending
rwod-20231231_def.xml Edgar Link unprocessable
rwod-20231231_lab.xml Edgar Link unprocessable
rwod-20231231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
rwod-20231231_cal.xml Edgar Link unprocessable