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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
Summary Of Net Deferred Assets
The Company’s net deferred tax assets are as follows:
 
    
December 31, 2023
    
December 31, 2022
 
Deferred tax assets:
     
Startup/organizational costs
     760,924        381,141  
  
 
 
    
 
 
 
Total deferred tax assets
     760,924        381,141  
  
 
 
    
 
 
 
Valuation Allowance
     (760,924 )
 
     (373,951
  
 
 
    
 
 
 
Deferred tax asset, net of allowance
     —         7,190  
Deferred tax liabilities:
     
Unrealized gain
     —         (7,190
  
 
 
    
 
 
 
Total deferred tax liabilities
     —         (7,190
  
 
 
    
 
 
 
Deferred tax asset, net
   $ —       $ —   
  
 
 
    
 
 
 
Summary Of the Income Tax Provision
Below is breakdown of the income tax provision.
 
    
For the Year
Ended
December 31,
2023
    
For the Year
Ended
December 31,
2022
 
Federal
     
Current
   $ 861,364      $ 630,070
Deferred
     (386,973      (239,426
State and local
     
Current
     53        (4
Deferred
     —       —   
Change in valuation allowance
     386,973        239,426  
  
 
 
    
 
 
 
Income tax provision
   $ 861,417      $ 630,066  
  
 
 
    
 
 
 
Summary Of Reconciliation Of The Federal Income Tax Rate(Benefit) And Effective Tax Rate(Benefit)
A reconciliation of the federal income tax rate to the Company’s effective tax rate is as follows:
 
    
For the Year
Ended
December 31,
2023
   
For the Year
Ended
December 31,
2022
 
U.S. federal statutory rate
     21.0     21.0
Change in fair value of warrants
     (8.88 )%
 
    (18.1 )%
 
Other
     2.11     — 
Valuation allowance
     11.60     1.8
  
 
 
   
 
 
 
Income tax provision
    
25.83
   
4.7