XML 57 R13.htm IDEA: XBRL DOCUMENT v3.23.4
Unaudited Condensed Consolidated Statements of Cash Flows (Q3) - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 925,939 $ 6,685,193
Adjustments to reconcile net income to net cash used in operating activities:    
Interest income on cash and marketable securities held in Trust Account (2,103,111) (1,371,326)
Change in fair value of convertible note (111,776)
Change in fair value of warrant liabilities (190,079) (6,246,897)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 182,592 237,418
Accrued offering costs and expenses (11,438) 215,900
Income tax payable (404,837) 69,484
Due to related party 30,000 8,387
Deferred tax liability (36,940)
Net cash used in operating activities (1,719,650) (401,841)
Cash flows from investing activities:    
Payment of extension fee into Trust Account (340,947)
Cash withdrawn from Trust Account in connection with redemption 184,845,836
Reimbursement by related party 25,000
Reimbursement of franchise and income taxes from Trust Account 1,171,438 8,484
Net cash provided by (used in) investing activities 185,676,327 33,484
Cash flows from financing activities:    
Proceeds from convertible promissory note 713,015
Redemption of common stock (184,845,836)
Net cash provided by (used in) financing activities (184,132,821)
Net change in cash (176,144) (368,357)
Cash, beginning of the period 193,486 741,228
Cash, end of the period 17,342 372,871
Supplemental disclosure of cash flow information:    
Income taxes paid, inclusive of interest and penalties 891,437
Excise tax payable attributable to redemption of common stock 1,848,455
Accretion of common stock to redemption value $ 1,941,334 $ 1,149,819