2024 Q3 Form 10-Q Financial Statement
#000121390024097437 Filed on November 13, 2024
Income Statement
Concept | 2024 Q3 |
---|---|
Revenue | $0.00 |
YoY Change | |
Cost Of Revenue | |
YoY Change | |
Gross Profit | |
YoY Change | |
Gross Profit Margin | |
Selling, General & Admin | $340.3K |
YoY Change | -66.74% |
% of Gross Profit | |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | |
YoY Change | |
% of Gross Profit | |
Operating Expenses | $340.3K |
YoY Change | -66.74% |
Operating Profit | -$340.3K |
YoY Change | -66.74% |
Interest Expense | $1.457M |
YoY Change | -49.32% |
% of Operating Profit | |
Other Income/Expense, Net | $1.457M |
YoY Change | -49.32% |
Pretax Income | $1.117M |
YoY Change | -39.7% |
Income Tax | |
% Of Pretax Income | |
Net Earnings | $1.117M |
YoY Change | -39.7% |
Net Earnings / Revenue | |
Basic Earnings Per Share | |
Diluted Earnings Per Share | $0.07 |
COMMON SHARES | |
Basic Shares Outstanding | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $621.5K |
YoY Change | 754.93% |
Cash & Equivalents | $621.4K |
Short-Term Investments | |
Other Short-Term Assets | $27.75K |
YoY Change | -91.65% |
Inventory | |
Prepaid Expenses | $27.75K |
Receivables | |
Other Receivables | |
Total Short-Term Assets | $649.2K |
YoY Change | 60.25% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | |
YoY Change | |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | $113.9M |
YoY Change | -49.44% |
Other Assets | |
YoY Change | |
Total Long-Term Assets | $113.9M |
YoY Change | -49.44% |
TOTAL ASSETS | |
Total Short-Term Assets | $649.2K |
Total Long-Term Assets | $113.9M |
Total Assets | $114.5M |
YoY Change | -49.24% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $10.53K |
YoY Change | -93.31% |
Accrued Expenses | $2.084M |
YoY Change | 111.19% |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $1.720M |
YoY Change | -67.18% |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $7.758M |
YoY Change | 21.51% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $5.240M |
YoY Change | |
Other Long-Term Liabilities | $7.336M |
YoY Change | 0.0% |
Total Long-Term Liabilities | $12.58M |
YoY Change | 71.43% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $7.758M |
Total Long-Term Liabilities | $12.58M |
Total Liabilities | $20.33M |
YoY Change | 48.2% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$15.92M |
YoY Change | 20.47% |
Common Stock | |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | -$15.92M |
YoY Change | |
Total Liabilities & Shareholders Equity | $114.5M |
YoY Change | -49.24% |
Cashflow Statement
Concept | 2024 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $1.117M |
YoY Change | -39.7% |
Depreciation, Depletion And Amortization | |
YoY Change | |
Cash From Operating Activities | $55.27K |
YoY Change | -132.0% |
INVESTING ACTIVITIES | |
Capital Expenditures | |
YoY Change | |
Acquisitions | |
YoY Change | |
Other Investing Activities | |
YoY Change | |
Cash From Investing Activities | |
YoY Change | |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | 440.0K |
YoY Change | |
NET CHANGE | |
Cash From Operating Activities | 55.27K |
Cash From Investing Activities | |
Cash From Financing Activities | 440.0K |
Net Change In Cash | 495.3K |
YoY Change | -386.75% |
FREE CASH FLOW | |
Cash From Operating Activities | $55.27K |
Capital Expenditures | |
Free Cash Flow | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity File Number
EntityFileNumber
|
001-41432 | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
98-1643582 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
SK Growth Opportunities Corporation | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
E9 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
228 Park Avenue S #96693 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
New York | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
NY | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
10003 | ||
dei |
City Area Code
CityAreaCode
|
(917) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
599-1622 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
true | ||
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
621449 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
163718 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
27750 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
209750 | usd |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
649199 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
373468 | usd |
CY2024Q3 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
113898350 | usd |
CY2023Q4 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
109573279 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
|
114547549 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
109946747 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
10525 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
107223 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2084183 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1204161 | usd |
CY2024Q3 | skgr |
Extension Payment Payable Current
ExtensionPaymentPayableCurrent
|
279489 | usd |
CY2024Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
1720000 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
380000 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3663464 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7757661 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1691384 | usd |
CY2024Q3 | skgr |
Overfunding Loan
OverfundingLoan
|
5240000 | usd |
CY2023Q4 | skgr |
Overfunding Loan
OverfundingLoan
|
5240000 | usd |
CY2024Q3 | skgr |
Deferred Underwriting And Advisory Fees
DeferredUnderwritingAndAdvisoryFees
|
7336000 | usd |
CY2023Q4 | skgr |
Deferred Underwriting And Advisory Fees
DeferredUnderwritingAndAdvisoryFees
|
7336000 | usd |
CY2024Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
12576000 | usd |
CY2023Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
12576000 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
20333661 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
14267384 | usd |
CY2024Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
990000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
990000 | shares |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-15921522 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-13794440 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15920998 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13793916 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
114547549 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
109946747 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
340283 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1023103 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2127082 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1572320 | usd | |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-340283 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1023103 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2127082 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1572320 | usd | |
CY2024Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1457119 | usd |
CY2023Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2875342 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4325071 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7633712 | usd | |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1457119 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2875342 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
4325071 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7633712 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1116836 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1852239 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2197989 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6061392 | usd | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13793916 | usd |
CY2024Q1 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-1427435 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-122621 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15343972 | usd |
CY2024Q2 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-1440517 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1203774 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15580715 | usd |
CY2024Q3 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-1457119 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1116836 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15920998 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11642786 | usd |
CY2023Q1 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-2300710 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2008659 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11934837 | usd |
CY2023Q2 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-2457660 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2200494 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-12192003 | usd |
CY2023Q3 | us-gaap |
Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
|
-2875342 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1852239 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13215106 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2197989 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6061392 | usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
256000 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4325071 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7633712 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-182000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-288191 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-96698 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
155000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
880022 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
686413 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
279489 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-626269 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-442716 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1084000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1084000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
457731 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-442716 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
163718 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
515410 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
621449 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72694 | usd |
skgr |
General And Administrative Expenses Paid By Sponsor Under Promissory Note
GeneralAndAdministrativeExpensesPaidBySponsorUnderPromissoryNote
|
256000 | usd | |
us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
3663464 | usd | |
skgr |
Net Proceed From Issuance Of Initial Public Offering
NetProceedFromIssuanceOfInitialPublicOffering
|
214800000 | usd | |
CY2024Q3 | skgr |
Per Share Value Of Restricted Asset
PerShareValueOfRestrictedAsset
|
10.25 | |
skgr |
Aggregate Fair Market Value
AggregateFairMarketValue
|
0.80 | pure | |
CY2024Q3 | skgr |
Issued And Outstanding Voting Securities Percentage
IssuedAndOutstandingVotingSecuritiesPercentage
|
0.50 | pure |
CY2024Q3 | skgr |
Percentage Of Public Shares That Can Be Transferred Without Any Restriction
PercentageOfPublicSharesThatCanBeTransferredWithoutAnyRestriction
|
0.15 | pure |
skgr |
Percentage Of Obligation To Redeem Public Shares If Entity Does Not Complete Business Combination
PercentageOfObligationToRedeemPublicSharesIfEntityDoesNotCompleteBusinessCombination
|
1 | pure | |
skgr |
Redemption Price Per Share
RedemptionPricePerShare
|
10.88 | ||
CY2024Q3 | us-gaap |
Share Price
SharePrice
|
0.03 | |
CY2024Q3 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
3663464 | usd |
CY2024Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
100000 | usd |
CY2024Q3 | skgr |
Residual Assets Per Share
ResidualAssetsPerShare
|
10.25 | |
CY2024Q3 | us-gaap |
Cash
Cash
|
621449 | usd |
CY2024Q3 | skgr |
Working Capital Deficit
WorkingCapitalDeficit
|
6800000 | usd |
CY2024Q1 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
900000 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
440000 | usd |
CY2024Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1 | |
CY2024Q3 | us-gaap |
Other Borrowings
OtherBorrowings
|
1720000 | usd |
CY2023Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
380000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting periods. Actual results could differ from those estimates.</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 financial statement, 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> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit Risk</i></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 concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $250,000. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company’s financial condition, results of operations, and cash flows.</p> | ||
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
250000 | usd | |
skgr |
Restricted Investments Term
RestrictedInvestmentsTerm
|
P185D | ||
CY2024Q3 | skgr |
Borrowings Under Loan Agreement
BorrowingsUnderLoanAgreement
|
5240000 | usd |
CY2023Q4 | skgr |
Borrowings Under Loan Agreement
BorrowingsUnderLoanAgreement
|
5240000 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
440000 | usd |
CY2024Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
0 | usd |
CY2023Q4 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
0 | usd |
skgr |
Underwriting Discount Paid Per Unit
UnderwritingDiscountPaidPerUnit
|
0.2 | ||
skgr |
Deferred Underwriting Commission Per Unit
DeferredUnderwritingCommissionPerUnit
|
0.35 | ||
CY2024Q3 | skgr |
Deferred Underwriting Commissions
DeferredUnderwritingCommissions
|
7000000 | usd |
us-gaap |
Noninterest Expense Investment Advisory Fees
NoninterestExpenseInvestmentAdvisoryFees
|
400000 | usd | |
CY2024Q3 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
700000 | usd |
CY2022Q3 | skgr |
Payment Of Additional Underwriter Fee
PaymentOfAdditionalUnderwriterFee
|
192000 | usd |
skgr |
Indemnifiable Amounts
IndemnifiableAmounts
|
5000000 | usd | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
990000 | shares |
CY2024Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
990000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
CY2024Q3 | skgr |
Adjusted Exercise Price Of Warrants As A Percentage Of Newly Issued Price
AdjustedExercisePriceOfWarrantsAsAPercentageOfNewlyIssuedPrice
|
1.15 | pure |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | skgr |
Extension Payment Payable Current
ExtensionPaymentPayableCurrent
|
usd | |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
usd | |
CY2024Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
usd | ||
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
usd | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
usd | ||
skgr |
General And Administrative Expenses Paid By Sponsor Under Promissory Note
GeneralAndAdministrativeExpensesPaidBySponsorUnderPromissoryNote
|
usd | ||
us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
usd | ||
CY2024Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
usd | |
CY2023Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
usd | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2024Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
|
usd | ||
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001912461 |