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INCOME TAXES - Reconciliation between actual and expected tax benefit (Details)
11 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Reconciliation between income tax benefit and the expected tax benefit at the statutory rate    
Federal statutory rate 21.00% 21.00%
State rate, net of federal benefit   3.00%
Non-deductible equity financing costs (2.70%)  
Change in valuation allowance (17.00%) (24.60%)
Other items   0.90%
Effective tax rate 1.30% 0.30%