$YOTA
Yotta Acquisition Corp Stock $yota

$yota Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000182912623003708 Filed on May 23, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$0.00	$0.00	$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$390.0K	$926.2K
YoY Change	187.72%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$390.0K	$926.2K
YoY Change	187.72%
Operating Profit	-$393.9K	-$926.2K
YoY Change	190.6%
Interest Expense	$790.0K	$1.252M
YoY Change	467.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$399.3K	$325.9K	$0.00
YoY Change	10899.81%
Income Tax	$160.4K	$254.6K
% Of Pretax Income	40.17%	78.1%
Net Earnings	$238.9K	$71.38K
YoY Change	-1281.54%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	$0.03	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	7.304M shares	14.72M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$500.0K	$391.6K	$151.0K
YoY Change	29.37%	159.35%
Cash & Equivalents	$460.2K	$391.6K	$151.0K
Short-Term Investments
Other Short-Term Assets	$0.00	$14.51K
YoY Change	-100.0%
Inventory
Prepaid Expenses	$11.21K	$14.51K
Receivables
Other Receivables
Total Short-Term Assets	$471.4K	$406.1K	$151.0K
YoY Change	-25.87%	168.97%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$43.00M	$118.6M
YoY Change	-62.65%
Other Assets			$149.6K
YoY Change
Total Long-Term Assets	$42.96M	$118.6M	$149.6K
YoY Change	-62.69%	79144.82%
TOTAL ASSETS
Total Short-Term Assets	$471.4K	$406.1K	$151.0K
Total Long-Term Assets	$42.96M	$118.6M	$149.6K
Total Assets	$43.43M	$119.0M	$300.6K
YoY Change	-62.48%	39475.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$1.207M	$1.034M	$37.37K
YoY Change	4456.38%	2667.89%
Deferred Revenue
YoY Change
Short-Term Debt	$1.300M	$825.0K	$250.0K
YoY Change		230.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.355M	$3.039M	$287.4K
YoY Change	4932.59%	957.48%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$4.000M	$4.025M
YoY Change	-0.62%
Total Long-Term Liabilities	$4.000M	$4.025M	$0.00
YoY Change	-0.62%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.355M	$3.039M	$287.4K
Total Long-Term Liabilities	$4.000M	$4.025M	$0.00
Total Liabilities	$8.380M	$7.064M	$287.4K
YoY Change	103.82%	2358.12%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.909M	-$6.658M
YoY Change	127.54%
Common Stock	$321.00	$321.00	$287.00
YoY Change	0.0%	11.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$7.909M	-$6.658M	$13.23K
YoY Change
Total Liabilities & Shareholders Equity	$43.43M	$119.0M	$300.6K
YoY Change	-62.48%	39475.61%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	$238.9K	$71.38K
YoY Change	-1281.54%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$500.0K	-$589.8K
YoY Change	40.96%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$76.38M	-$654.6K
YoY Change	-166.42%
Cash From Investing Activities	$76.38M	-$654.6K
YoY Change	-166.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-75.82M	$1.400M	-45.01K
YoY Change	-165.59%	-3210.64%
NET CHANGE
Cash From Operating Activities	-500.0K	-$589.8K
Cash From Investing Activities	76.38M	-$654.6K
Cash From Financing Activities	-75.82M	$1.400M	-45.01K
Net Change In Cash	60.00K	$155.7K	-45.01K
YoY Change	-74.52%	-446.01%
FREE CASH FLOW
Cash From Operating Activities	-$500.0K	-$589.8K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001907730
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent		usd
CY2022Q4	YOTAU	Deferred Credit Term Extension Fee Paid By Target Company DeferredCreditTermExtensionFeePaidByTargetCompany		usd
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CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss		usd
CY2022Q1	YOTAU	Basic And Diluted Weighted Average Shares Outstanding Common Stock Subject To Possible Redemption BasicAndDilutedWeightedAverageSharesOutstandingCommonStockSubjectToPossibleRedemption		shares
CY2022Q1	YOTAU	Basic And Diluted Net Income Per Share Common Stock Subject To Possible Redemption BasicAndDilutedNetIncomePerShareCommonStockSubjectToPossibleRedemption
CY2022Q1	YOTAU	Basic And Diluted Net Loss Per Share Common Stock Attributable To Yotta Acquisition Corporation BasicAndDilutedNetLossPerShareCommonStockAttributableToYottaAcquisitionCorporation
CY2022Q1	us-gaap	Profit Loss ProfitLoss		usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic		usd
CY2022Q1	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss		usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense		usd
CY2022Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables		usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable		usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities		usd
CY2022Q1	YOTAU	Cash Deposited In Trust Account CashDepositedInTrustAccount		usd
CY2022Q1	YOTAU	Cash Withdrawn From Trust Account To Pay Taxe CashWithdrawnFromTrustAccountToPayTaxe		usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable		usd
CY2022Q1	YOTAU	Term Extension Fee Paid By Target Company TermExtensionFeePaidByTargetCompany		usd
CY2023Q1	YOTAU	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts		usd
CY2022Q1	YOTAU	Remeasurement Of Common Stock To Redemptions Value RemeasurementOfCommonStockToRedemptionsValue		usd
CY2023Q1	YOTAU	Deferred Offering Costs In Accrued Offering Expenses DeferredOfferingCostsInAccruedOfferingExpenses		usd
CY2023Q1	YOTAU	Deferred Offering Costs Paid By Related Party DeferredOfferingCostsPaidByRelatedParty		usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-41357
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Yotta Acquisition Corporation
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	86-3374167
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1185 Avenue of the Americas
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 301
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	New York
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10036
CY2023Q1	dei	City Area Code CityAreaCode	(212)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	612-1400
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	true
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7303594	shares
CY2023Q1	us-gaap	Cash Cash	391602	usd
CY2022Q4	us-gaap	Cash Cash	235864	usd
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	14511	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	84486	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	10850	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	406113	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	331200	usd
CY2023Q1	us-gaap	Assets Held In Trust Noncurrent AssetsHeldInTrustNoncurrent	118558173	usd
CY2022Q4	us-gaap	Assets Held In Trust Noncurrent AssetsHeldInTrustNoncurrent	116651461	usd
CY2023Q1	us-gaap	Assets Assets	118964286	usd
CY2022Q4	us-gaap	Assets Assets	116982661	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1034360	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	632531	usd
CY2023Q1	YOTAU	Franchise Tax Payable FranchiseTaxPayable	39945	usd
CY2022Q4	YOTAU	Franchise Tax Payable FranchiseTaxPayable	186180	usd
CY2023Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	564484	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	309931	usd
CY2023Q1	YOTAU	Deferred Credit Term Extension Fee Paid By Target Company DeferredCreditTermExtensionFeePaidByTargetCompany	575100	usd
CY2023Q1	YOTAU	Promissory Note Related Party PromissoryNoteRelatedParty	825000	usd
CY2022Q4	YOTAU	Promissory Note Related Party PromissoryNoteRelatedParty	-0	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3038889	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1128642	usd
CY2023Q1	YOTAU	Deferred Underwriting Fee Payable Non Current DeferredUnderwritingFeePayableNonCurrent	4025000	usd
CY2022Q4	YOTAU	Deferred Underwriting Fee Payable Non Current DeferredUnderwritingFeePayableNonCurrent	4025000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	7063889	usd
CY2022Q4	us-gaap	Liabilities Liabilities	5153642	usd
CY2023Q1	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	11500000	shares
CY2022Q4	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	11500000	shares
CY2023Q1	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	10.31
CY2022Q4	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	10.14
CY2023Q1	us-gaap	Temporary Equity Value Excluding Additional Paid In Capital TemporaryEquityValueExcludingAdditionalPaidInCapital	118558173	usd
CY2022Q4	us-gaap	Temporary Equity Value Excluding Additional Paid In Capital TemporaryEquityValueExcludingAdditionalPaidInCapital	116651461	usd
CY2023Q1	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
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3218499	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3218499	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3218499	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3218499	shares
CY2023Q1	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	11500000	shares
CY2022Q4	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	11500000	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	321	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	321	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6658097	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4822763	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-6657776	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-4822442	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	118964286	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	116982661	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	886227	usd
CY2023Q1	YOTAU	Franchise Tax Expenses FranchiseTaxExpenses	39945	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-926172	usd
CY2023Q1	YOTAU	Marketable Securitie Gain Loss MarketableSecuritieGainLoss	1252103	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	325931	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	254553	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	71378	usd
CY2023Q1	YOTAU	Basic And Diluted Weighted Average Shares Outstanding Common Stock Subject To Possible Redemption BasicAndDilutedWeightedAverageSharesOutstandingCommonStockSubjectToPossibleRedemption	11500000	shares
CY2023Q1	YOTAU	Basic And Diluted Net Income Per Share Common Stock Subject To Possible Redemption BasicAndDilutedNetIncomePerShareCommonStockSubjectToPossibleRedemption	0.00
CY2023Q1	YOTAU	Basic And Diluted Weighted Average Shares Outstanding Common Stock Attributable To Yotta Acquisition Corporation BasicAndDilutedWeightedAverageSharesOutstandingCommonStockAttributableToYottaAcquisitionCorporation	3218499	shares
CY2022Q1	YOTAU	Basic And Diluted Weighted Average Shares Outstanding Common Stock Attributable To Yotta Acquisition Corporation BasicAndDilutedWeightedAverageSharesOutstandingCommonStockAttributableToYottaAcquisitionCorporation	2499999	shares
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CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-4822442	usd
CY2023Q1	YOTAU	Remeasurement Of Common Stock To Redemption Value RemeasurementOfCommonStockToRedemptionValue	-1906712	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	71378	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-6657776	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	13231	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	13231	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-71378	usd
CY2023Q1	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	1252103	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-69975	usd
CY2023Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-10850	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	401829	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	254553	usd
CY2023Q1	YOTAU	Increase Decrease In Franchise Tax Payable IncreaseDecreaseInFranchiseTaxPayable	-146235	usd
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CY2023Q1	YOTAU	Cash Deposited In Trust Account CashDepositedInTrustAccount	1150100	usd
CY2023Q1	YOTAU	Cash Withdrawn From Trust Account To Pay Taxe CashWithdrawnFromTrustAccountToPayTaxe	495491	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-654609	usd
CY2023Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	825000	usd
CY2023Q1	YOTAU	Term Extension Fee Paid By Target Company TermExtensionFeePaidByTargetCompany	575100	usd
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CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1400100	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-45009	usd
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CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-45009	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	235864	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	196000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	391602	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	150991	usd
CY2023Q1	YOTAU	Remeasurement Of Common Stock To Redemptions Value RemeasurementOfCommonStockToRedemptionsValue	1906712	usd
CY2022Q1	YOTAU	Deferred Offering Costs In Accrued Offering Expenses DeferredOfferingCostsInAccruedOfferingExpenses	22100	usd
CY2022Q1	YOTAU	Deferred Offering Costs Paid By Related Party DeferredOfferingCostsPaidByRelatedParty	3500	usd
CY2023Q1	YOTAU	Transaction Costs TransactionCosts	6764402	usd
CY2023Q1	YOTAU	Underwriting Fees UnderwritingFees	2300000	usd
CY2023Q1	YOTAU	Deferred Underwriting Fees DeferredUnderwritingFees	4025000	usd
CY2023Q1	YOTAU	Other Offering Costs OtherOfferingCosts	439402	usd
CY2022Q2	YOTAU	Proceeds From Ipo And Private Placement ProceedsFromIpoAndPrivatePlacement	115000000	usd
CY2023Q1	YOTAU	Percentage Of Asset Held In Trust Account PercentageOfAssetHeldInTrustAccount	0.80	pure
CY2023Q1	YOTAU	Business Combination Percentage Of Voting Securities BusinessCombinationPercentageOfVotingSecurities	0.50	pure
CY2023Q1	YOTAU	Net Tangible Assets NetTangibleAssets	5000001	usd
CY2023Q1	us-gaap	Deposits Deposits	120000	usd
CY2023Q1	YOTAU	Issued Shares Description IssuedSharesDescription	the Company will issue 17.5 million shares of common stock to the former security holders of the Target. In addition, the stockholders of the Target are entitled to receive an additional 5.0 million shares of common stock (current valuation of $50.0 million) based on achieving certain revenue targets for 2024 and 5 million shares of common stock (current valuation of $50 million) based on achieving certain revenue targets for 2025. In the event the Company or the Target validly terminates the Agreement because of a default by the other, a breakup fee of $3.0 million will be due to the terminating party.
CY2023Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	575000	usd
CY2023Q1	us-gaap	Deposits Deposits	1150000	usd
CY2023Q1	YOTAU	Aggregate Principal Amount AggregatePrincipalAmount	250000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	391602	usd
CY2023Q1	YOTAU	Working Capital Deficit WorkingCapitalDeficit	2028347	usd
CY2023Q1	us-gaap	Deposits Deposits	1150000	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_844_eus-gaap--UseOfEstimates_z4AuEsAh0oS1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86B_zla9XCk0Ihk">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In preparing these unaudited condensed 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 financial statements and the reported expenses during the reporting period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1	us-gaap	Cash Cash	391602	usd
CY2022Q4	us-gaap	Cash Cash	235864	usd
CY2023Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0	usd
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	16666	shares
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	123900	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	7.38
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.7810	pure
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.0000	pure
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.21	pure
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.21	pure
CY2023Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2023Q1	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0	usd
CY2022Q4	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0	usd
CY2023Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zhT7hatFTaM2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_z5bIUo9Mo0Ke">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $<span id="xdx_901_eus-gaap--CashFDICInsuredAmount_c20230331_pp0p0" title="Federal Depository Insurance coverage">250,000</span>. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	11843500	shares
CY2022Q2	YOTAU	Proceeds From Ipo And Private Placement ProceedsFromIpoAndPrivatePlacement	115000000	usd
CY2022	YOTAU	Gross Proceeds From Initial Public Offering GrossProceedsFromInitialPublicOffering	115000000	usd
CY2022	YOTAU	Proceeds Allocated To Public Warrants ProceedsAllocatedToPublicWarrants	-690000	usd
CY2022	YOTAU	Proceeds Allocated To Public Rights ProceedsAllocatedToPublicRights	-8280000	usd
CY2022	YOTAU	Offering Costs Of Public Shares OfferingCostsOfPublicShares	-6236777	usd
CY2022	YOTAU	Accretion Of Carrying Value To Redemption Value AccretionOfCarryingValueToRedemptionValue	16858238	usd
CY2022	YOTAU	Common Stock Subject To Possible Redemption CommonStockSubjectToPossibleRedemption	116651461	usd
CY2023Q1	YOTAU	Accretion Of Carrying Value To Redemption Value AccretionOfCarryingValueToRedemptionValue	1906712	usd
CY2023Q1	YOTAU	Common Stock Subject To Possible Redemption CommonStockSubjectToPossibleRedemption	118558173	usd
CY2023Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	575000	usd
CY2023Q1	YOTAU	Expenses Related To Business Combination ExpensesRelatedToBusinessCombination	250000	usd
CY2023Q1	YOTAU	Promissory Note Related Party PromissoryNoteRelatedParty	825000	usd
CY2022Q4	YOTAU	Promissory Note Related Party PromissoryNoteRelatedParty	0	usd
CY2023Q1	YOTAU	Working Capital Loans WorkingCapitalLoans	0	usd
CY2022	YOTAU	Working Capital Loans WorkingCapitalLoans	0	usd
CY2022Q2	us-gaap	Administrative Fees Expense AdministrativeFeesExpense	10000	usd
CY2023Q1	us-gaap	Administrative Fees Expense AdministrativeFeesExpense	30000	usd
CY2022Q1	us-gaap	Administrative Fees Expense AdministrativeFeesExpense	0	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	30000	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	80000	usd
CY2023Q1	YOTAU	Initial Public Offering Filings Fee InitialPublicOfferingFilingsFee	1000	usd
CY2022Q1	YOTAU	Initial Public Offering Filings Fee InitialPublicOfferingFilingsFee	0	usd
CY2023Q1	YOTAU	Periodic Compliance Filings Fee PeriodicComplianceFilingsFee	1000	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3218499	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3218499	shares

Files In Submission

Name	View Source	Status
0001829126-23-003708-index-headers.html	Edgar Link	pending
0001829126-23-003708-index.html	Edgar Link	pending
0001829126-23-003708.txt	Edgar Link	pending
0001829126-23-003708-xbrl.zip	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
FilingSummary.xml	Edgar Link	unprocessable
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
yotau-20230331.xsd	Edgar Link	pending
yottaacquisition_10q.htm	Edgar Link	pending
yottaacquisition_ex31-1.htm	Edgar Link	pending
yottaacquisition_ex31-2.htm	Edgar Link	pending
yottaacquisition_ex32-1.htm	Edgar Link	pending
yottaacquisition_ex32-2.htm	Edgar Link	pending
yotau-20230331_cal.xml	Edgar Link	unprocessable
yotau-20230331_def.xml	Edgar Link	unprocessable
yotau-20230331_lab.xml	Edgar Link	unprocessable
yotau-20230331_pre.xml	Edgar Link	unprocessable
yottaacquisition_10q_htm.xml	Edgar Link	completed

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$YOTA
Yotta Acquisition Corp Stock $yota

2023 Q2 Form 10-Q Financial Statement

#000182912623003708 Filed on May 23, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$YOTA Yotta Acquisition Corp Stock $yota

2023 Q2 Form 10-Q Financial Statement

#000182912623003708 Filed on May 23, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$YOTA
Yotta Acquisition Corp Stock $yota