2023 Q1 Form 10-K Financial Statement
#000121390023017591 Filed on March 06, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $0.00 | $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 | $443.7K | $407.0K | $1.271M |
YoY Change | 83.66% | 810.33% | 2720.31% |
Operating Profit | -$443.7K | -$1.271M | |
YoY Change | 83.66% | ||
Interest Expense | $1.268M | $1.319M | $8.938M |
YoY Change | -67.91% | 118.41% | 1379.65% |
% of Operating Profit | |||
Other Income/Expense, Net | $100.0K | $0.00 | |
YoY Change | -100.0% | ||
Pretax Income | $824.0K | $912.3K | $7.667M |
YoY Change | -77.78% | 203.31% | 2451.99% |
Income Tax | $383.1K | $429.7K | $499.2K |
% Of Pretax Income | 46.49% | 47.11% | 6.51% |
Net Earnings | $440.9K | $482.6K | $7.168M |
YoY Change | -88.11% | 60.44% | 2285.83% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.02 | $0.30 | |
Diluted Earnings Per Share | $0.02 | $0.02 | $0.30 |
COMMON SHARES | |||
Basic Shares Outstanding | 24.17M shares | 24.17M shares | 5.194M shares |
Diluted Shares Outstanding | 5.194M shares | 5.194M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $55.61K | $193.5K | $193.5K |
YoY Change | -89.11% | -73.9% | -73.9% |
Cash & Equivalents | $55.61K | $193.5K | |
Short-Term Investments | |||
Other Short-Term Assets | $292.4K | $318.2K | $318.2K |
YoY Change | -22.78% | -4.27% | -4.27% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $0.00 | $0.00 | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $348.0K | $511.7K | $511.7K |
YoY Change | -61.95% | -53.42% | -53.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $10.39M | $194.2M | $194.2M |
YoY Change | -94.59% | 1.18% | 1.18% |
Total Long-Term Assets | $10.39M | $194.2M | $194.2M |
YoY Change | -94.59% | 1.18% | 1.18% |
TOTAL ASSETS | |||
Total Short-Term Assets | $348.0K | $511.7K | $511.7K |
Total Long-Term Assets | $10.39M | $194.2M | $194.2M |
Total Assets | $10.74M | $194.7M | $194.7M |
YoY Change | -94.43% | 0.87% | 0.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $463.0K | $448.5K | $448.5K |
YoY Change | 440.96% | 327.53% | 327.53% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.654M | $935.8K | $935.8K |
YoY Change | 3001.0% | 778.55% | 778.56% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $1.432M | $857.8K | $857.8K |
YoY Change | -57.1% | -88.11% | -88.11% |
Total Long-Term Liabilities | $1.432M | $857.8K | $857.8K |
YoY Change | -57.1% | -88.11% | -88.11% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.654M | $935.8K | $935.8K |
Total Long-Term Liabilities | $1.432M | $857.8K | $857.8K |
Total Liabilities | $4.087M | $1.830M | $1.830M |
YoY Change | 19.39% | -75.0% | -75.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.307M | -$620.0K | |
YoY Change | -89.51% | ||
Common Stock | $519.00 | $519.00 | |
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$3.307M | -$619.5K | $192.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.74M | $194.7M | $194.7M |
YoY Change | -94.43% | 0.87% | 0.87% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $440.9K | $482.6K | $7.168M |
YoY Change | -88.11% | 60.44% | 2285.83% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$966.6K | -$179.4K | -$581.2K |
YoY Change | 319.63% | -72.92% | -12.26% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $185.7M | -$30.00 | $33.45K |
YoY Change | -100.0% | -100.02% | |
Cash From Investing Activities | $185.7M | -$30.00 | $33.45K |
YoY Change | -100.0% | -100.02% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$7.701M | ||
YoY Change | -103.98% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$184.8M | 0.000 | |
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -$966.6K | -179.4K | -$581.2K |
Cash From Investing Activities | $185.7M | -30.00 | $33.45K |
Cash From Financing Activities | -$184.8M | 0.000 | |
Net Change In Cash | -$137.9K | -179.4K | -$547.7K |
YoY Change | -40.14% | -124.2% | -173.9% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$966.6K | -$179.4K | -$581.2K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
7347500 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-204841 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
366538 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
193076121 | usd | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-547742 | usd |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
741228 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
741228 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
193486 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
741228 | usd |
nvac |
Initial Classification Of Warrant Liabilities
InitialClassificationOfWarrantLiabilities
|
7813589 | usd | |
CY2022 | nvac |
Accretion Of Common Stock To Redemption Value
AccretionOfCommonStockToRedemptionValue
|
1877984 | usd |
nvac |
Accretion Of Common Stock To Redemption Value
AccretionOfCommonStockToRedemptionValue
|
13802926 | usd | |
CY2021Q4 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
25000 | usd |
CY2021Q4 | us-gaap |
Deferred Costs Current
DeferredCostsCurrent
|
204841 | usd |
nvac |
Deferred Offering Costs Included In Accrued Offering Costs And Expenses
DeferredOfferingCostsIncludedInAccruedOfferingCostsAndExpenses
|
13243 | usd | |
CY2021Q4 | us-gaap |
Stock Issued1
StockIssued1
|
2475000 | usd |
CY2021Q4 | nvac |
Purchase Share Of Common Stock Per Share
PurchaseShareOfCommonStockPerShare
|
11.5 | |
CY2021Q4 | nvac |
Sold Price Per Unit
SoldPricePerUnit
|
10 | |
CY2021Q4 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
189750000 | usd |
CY2022 | nvac |
Warrants
Warrants
|
7347500 | shares |
CY2022Q4 | nvac |
Number Of Shares
NumberOfShares
|
697500 | shares |
CY2022 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
1 | |
CY2022 | us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
7959726 | usd |
CY2022 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
3450000 | usd |
CY2022Q4 | nvac |
Shares Cost
SharesCost
|
3570576 | usd |
CY2022Q4 | nvac |
Warrants Cost
WarrantsCost
|
259527 | usd |
CY2022 | nvac |
Other Offering Costs
OtherOfferingCosts
|
679623 | usd |
CY2022Q4 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Percent Arbitrage Investments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePercentArbitrageInvestments
|
0.80 | pure |
CY2022 | nvac |
Business Combination Percentage Of Post Transaction
BusinessCombinationPercentageOfPostTransaction
|
0.50 | pure |
CY2021Q4 | nvac |
Public Offering Amount
PublicOfferingAmount
|
191647500 | usd |
CY2021Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
10.1 | |
CY2021Q4 | nvac |
Operating Bank Account
OperatingBankAccount
|
741228 | usd |
CY2021Q4 | nvac |
Maturity Days
MaturityDays
|
P185Y | |
CY2021Q4 | nvac |
Company Obligation Percentage
CompanyObligationPercentage
|
1 | pure |
CY2022 | nvac |
Trust Account Per Public Share
TrustAccountPerPublicShare
|
10.2 | |
CY2022 | nvac |
Dissolution Expenses
DissolutionExpenses
|
100000 | usd |
CY2022 | nvac |
Deposit Amount
DepositAmount
|
1897500 | usd |
CY2022 | nvac |
Price Per Share
PricePerShare
|
0.1 | |
CY2022 | nvac |
Aggregate Amount
AggregateAmount
|
3795000 | usd |
CY2022 | nvac |
Aggregate Price Per Share
AggregatePricePerShare
|
0.2 | |
CY2022 | us-gaap |
Investment Company Net Assets Period Increase Decrease
InvestmentCompanyNetAssetsPeriodIncreaseDecrease
|
5000001 | usd |
CY2022Q4 | nvac |
Public Per Share
PublicPerShare
|
10.1 | |
CY2022Q4 | nvac |
Working Capital
WorkingCapital
|
200000 | usd |
CY2022 | us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
25000 | usd |
CY2022 | nvac |
Unsecured Promissory Note
UnsecuredPromissoryNote
|
204841 | usd |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.01 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.01 | pure |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Use of Estimates</i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; 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 0; text-align: justify">The preparation of these consolidated financial statements in conformity with GAAP requires 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 consolidated financial statements.</p><p style="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; 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 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><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
21 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Concentration of Credit Risk</i></b></span></p><p style="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; 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 $250,000. The Company has not experienced losses on this account.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2022Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P185D | ||
CY2022 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P185D | |
CY2022Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
194224782 | usd |
CY2022 | nvac |
Gross Unrealized Gains
GrossUnrealizedGains
|
43626 | usd |
CY2022 | us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
194268408 | usd |
CY2021Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
191653961 | usd |
nvac |
Gross Unrealized Losses
GrossUnrealizedLosses
|
-12912 | usd | |
us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
191641049 | usd | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.065 | pure |
us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0 | pure | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
21 | usd | |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
17404250 | shares |
CY2022 | nvac |
Payment Of Stock Issuance Costs
PaymentOfStockIssuanceCosts
|
7701178 | usd |
CY2022Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
258548 | usd |
CY2022 | nvac |
Potential Shares Of Common Stock
PotentialSharesOfCommonStock
|
17404250 | shares |
CY2022 | nvac |
Gross Proceeds
GrossProceeds
|
189750000 | usd |
CY2022 | nvac |
Proceeds Allocated To Public Warrants
ProceedsAllocatedToPublicWarrants
|
-4204248 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
-7701178 | usd |
CY2021Q4 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
13802926 | usd |
us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
191647500 | usd | |
CY2022Q4 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
1877984 | usd |
CY2022 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
193525484 | usd |
CY2021Q4 | us-gaap |
Sale Of Stock Description Of Transaction
SaleOfStockDescriptionOfTransaction
|
the Company sold 18,975,000 Units, (which included 2,475,000 Units issued pursuant to the full exercise of the over-allotment option) at a purchase price of $10.00 per Unit. Each unit that the Company is offering has a price of $10.00 and consists of one share of common stock, one right, and one-half of one redeemable warrant. Each right entitles the holder thereof to receive one-tenth (1/10) of one share of common stock upon the consummation of an initial business combination. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share, subject to adjustment as described herein. | |
CY2022Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
11.5 | |
CY2022Q4 | nvac |
Sale Of Stock Price Per Shares
SaleOfStockPricePerShares
|
9.2 | |
CY2022 | nvac |
Equity Proceed Ownership Percentage
EquityProceedOwnershipPercentage
|
0.60 | pure |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
18 | |
CY2022 | us-gaap |
Class Of Warrant Or Right Reason For Issuing To Nonemployees
ClassOfWarrantOrRightReasonForIssuingToNonemployees
|
●in whole and not in part; ●at a price of $0.01 per warrant; ●upon a minimum of 30 days’ prior written notice of redemption (the “30-day redemption period”); ●if, and only if, the last sale price of the common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders. | |
CY2022 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
7347500 | usd |
CY2021Q2 | us-gaap |
Sponsor Fees
SponsorFees
|
25000 | usd |
CY2021Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.005 | |
CY2021Q2 | nvac |
Shares Of Common Stock
SharesOfCommonStock
|
5175000 | shares |
CY2021Q2 | nvac |
Common Stock Stated Value Per Share
CommonStockStatedValuePerShare
|
0.0001 | |
CY2021Q4 | nvac |
Shares Of Common Stock
SharesOfCommonStock
|
862500 | shares |
CY2021Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
the Company effected a 1.1- for-1 stock dividend of its common stock | |
CY2021Q4 | nvac |
Shares Of Common Stock
SharesOfCommonStock
|
4743750 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
618750 | shares |
CY2022 | nvac |
Common Stock Exceeds Per Share
CommonStockExceedsPerShare
|
12 | |
CY2021Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
150000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
200000 | usd |
CY2022 | nvac |
Additional Advanced From Sponsor
AdditionalAdvancedFromSponsor
|
4841 | usd |
CY2022Q2 | nvac |
Promissory Note
PromissoryNote
|
25000 | usd |
CY2022Q4 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
1500000 | usd |
CY2022 | nvac |
Warrants Price Per Share
WarrantsPricePerShare
|
1 | |
CY2022 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
25000 | usd |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1613 | usd | |
CY2022 | nvac |
Business Combination Percentage
BusinessCombinationPercentage
|
0.0368 | pure |
CY2022 | nvac |
Gross Proceeds Amount
GrossProceedsAmount
|
6986250 | usd |
CY2022Q4 | nvac |
Business Combination Percentage Rate
BusinessCombinationPercentageRate
|
0.0368 | pure |
CY2022Q4 | nvac |
Cash Percentage
CashPercentage
|
0.275 | pure |
CY2022Q4 | nvac |
Equity Percentage
EquityPercentage
|
0.725 | pure |
CY2021Q4 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
|
3570576 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
232484 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
7678 | usd |
CY2022 | nvac |
Exercisable Per Share
ExercisablePerShare
|
11.5 | |
CY2022Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
CY2022Q4 | us-gaap |
Equity Fair Value Disclosure
EquityFairValueDisclosure
|
155000000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
|
155000000 | pure |
CY2022Q4 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
3875000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2021Q4 | 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 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q2 | us-gaap |
Shares Issued
SharesIssued
|
5175000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
862500 | shares |
CY2021Q4 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
450000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5193750 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5193750 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5193750 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5193750 | shares |
CY2022Q4 | nvac |
Common Stock Subject To Possible Redemption
CommonStockSubjectToPossibleRedemption
|
18975000 | shares |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
36940 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
425 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
195544 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
8103 | usd |
CY2022 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
857787 | usd |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
7216022 | usd | |
CY2022 | nvac |
Aggregate Value Of Public Warrants
AggregateValueOfPublicWarrants
|
450656 | usd |
nvac |
Aggregate Value Of Public Warrants
AggregateValueOfPublicWarrants
|
3890177 | usd | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0474 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0137 | pure | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P90Y | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | ||
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.077 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.108 | pure | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
11.5 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
11.5 | |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
10.13 | usd |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
9.07 | usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
232484 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
8103 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
36940 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
462271 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-187441 | usd |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-8103 | usd | |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
224381 | usd |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
8103 | usd | |
CY2022 | us-gaap |
Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
|
499211 | usd |
CY2022 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
0 | usd |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
2023 | usd | |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
|
224381 | usd |
CY2021Q4 | us-gaap |
Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
|
8103 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Beat Percent
EffectiveIncomeTaxRateReconciliationBeatPercent
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Beat Percent
EffectiveIncomeTaxRateReconciliationBeatPercent
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.174 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.418 | pure |
CY2022 | nvac |
Warrant Issuance Costs Percentage
WarrantIssuanceCostsPercentage
|
0 | pure |
CY2021 | nvac |
Warrant Issuance Costs Percentage
WarrantIssuanceCostsPercentage
|
0.181 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.029 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.027 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.065 | pure |
CY2022Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
usd | |
CY2022Q4 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
usd | |
CY2021Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
usd | |
CY2021Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
CY2022 | nvac |
Offering Costs Allocated To Warrants
OfferingCostsAllocatedToWarrants
|
usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | ||
CY2022 | nvac |
Diluted Weighted Average Shares Outstanding Common Stock Subject To Possible Redemption
DilutedWeightedAverageSharesOutstandingCommonStockSubjectToPossibleRedemption
|
18975000 | shares |
nvac |
Diluted Weighted Average Shares Outstanding Common Stock Subject To Possible Redemption
DilutedWeightedAverageSharesOutstandingCommonStockSubjectToPossibleRedemption
|
738327 | shares | |
nvac |
Basic Net Income Per Share Common Stock Subject To Possible Redemption
BasicNetIncomePerShareCommonStockSubjectToPossibleRedemption
|
0.06 | ||
CY2022 | nvac |
Basic Net Income Per Share Common Stock Subject To Possible Redemption
BasicNetIncomePerShareCommonStockSubjectToPossibleRedemption
|
0.30 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4166586 | shares | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | ||
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
usd | |
CY2022 | us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
usd | ||
CY2022 | us-gaap |
Payments To Acquire Trust Preferred Investments
PaymentsToAcquireTrustPreferredInvestments
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
|
usd | |
us-gaap |
Proceeds From Decommissioning Fund
ProceedsFromDecommissioningFund
|
usd | ||
us-gaap |
Proceeds From Collection Of Other Receivables
ProceedsFromCollectionOfOtherReceivables
|
usd | ||
CY2022 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
usd | |
CY2022 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
usd | |
CY2022 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
usd | |
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
usd | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
usd | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
usd | |
CY2022 | nvac |
Initial Classification Of Warrant Liabilities
InitialClassificationOfWarrantLiabilities
|
usd | |
CY2022Q4 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
usd | |
CY2022Q4 | us-gaap |
Deferred Costs Current
DeferredCostsCurrent
|
usd | |
CY2022 | nvac |
Deferred Offering Costs Included In Accrued Offering Costs And Expenses
DeferredOfferingCostsIncludedInAccruedOfferingCostsAndExpenses
|
usd | |
CY2022 | nvac |
Gross Unrealized Losses
GrossUnrealizedLosses
|
usd | |
nvac |
Gross Unrealized Gains
GrossUnrealizedGains
|
usd | ||
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
usd | |
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | ||
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | |
us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | ||
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
usd | |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
|
usd | ||
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001859807 |