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Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Jun. 30, 2021
Current assets:    
Cash $ 107,238 $ 707,837
Prepaid expenses 93,090 184,299
Total current assets 200,328 892,136
Investments held in Trust Account 23,454,494 116,760,907
Total Assets 23,654,822 117,653,043
Current liabilities:    
Accounts payable 252,699 25,294
Accrued expenses 89,000
Franchise tax payable 121,555 217,534
Total current liabilities 374,254 331,828
Note payable 250,000
Deferred underwriting commissions 4,025,000 4,025,000
Derivative warrant liabilities 1,065,500 7,142,950
Total Liabilities 5,714,754 11,499,778
Commitments and Contingencies
Class A Common Stock Subject to Possible Redemption:    
Class A common stock subject to possible redemption, $0.0001 par value; 2,304,279 and 11,500,000 shares at $10.15 per share at June 30, 2022 and 2021 23,388,432 116,725,000
Stockholders’ Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A common stock, $0.0001 par value; 50,000,000 shares authorized; no non-redeemable shares issued or outstanding at June 30, 2022 and 2021
Class B common stock, $0.0001 par value; 10,000,000 shares authorized; 2,875,000 shares issued and outstanding at June 30, 2022 and 2021 288 288
Additional paid-in capital
Accumulated deficit (5,448,652) (10,572,023)
Total stockholders’ deficit (5,448,364) (10,571,735)
Total Liabilities, Class A Common Stock subject to Possible Redemption and Stockholders’ Deficit $ 23,654,822 $ 117,653,043