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INCOME TAX (Tables)
12 Months Ended
Dec. 31, 2022
INCOME TAX  
Schedule of significant components of the Company's deferred tax assets

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​

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​

​

​

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December 31, 

    

December 31, 

​

​

2022

    

2021

Deferred tax assets

 

​

  

 

​

  

Net operating loss carryforward

​

$

—

​

$

25,360

Startup Costs

​

 

1,231,442

​

 

364,454

Unrealized gain/loss - Trust

​

​

(588,900)

​

​

—

Total deferred tax assets

​

 

642,542

​

 

389,814

Valuation allowance

​

 

(1,231,441)

​

 

(389,814)

Deferred tax assets, net of allowance

​

$

(588,899)

​

$

—

​

Schedule of income tax provision

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​

​

​

​

​

​

​

​

    

December 31, 

​

December 31, 

​

    

2022

    

2021

Federal

 

​

  

 

​

  

Current

​

$

230,537

​

$

—

Deferred

​

 

(119,370)

​

 

(389,814)

State

​

 

​

​

 

​

Current

​

$

63,893

​

$

​

Deferred

​

 

(133,358)

​

 

—

Change in valuation allowance

​

 

841,627

​

 

389,814

Provision for income taxes

​

$

883,329

​

$

—

​

Schedule of reconciliation of the total income tax provision tax rate to the statutory federal income tax rate

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December 31, 

 

​

    

2022

    

2021

 

​

​

​

​

​

​

Statutory federal income tax rate

 

21.0

%  

21.0

%

State taxes, net of federal tax benefit

​

5.5

%

0.0

%

State tax credit

​

(0.2)

%

0.0

%

Deferred tax liability change in rate

​

(1.4)

%

0.0

%

Business combination expense

​

0.7

%

0.0

%

Penalties and interest

​

0.1

%

0.0

%

Offering costs

 

0.0

%  

1.7

%

Change in fair value of warrant liability

 

(24.5)

%  

(27.4)

%

Reduction in deferred underwriting fee

​

(0.6)

%

0.0

%

Valuation allowance

 

11.6

%  

4.7

%

Income tax provision

 

12.2

%  

0.0

%

​