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CONSOLIDATED STATEMENTS OF CASH FLOWS
9 Months Ended 12 Months Ended
Dec. 31, 2021
USD ($)
Dec. 31, 2022
USD ($)
Cash Flows from Operating Activities:    
Net loss $ (280,701) $ (3,242,501)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest earned on investments held in Trust Account (1,970) (922,644)
Change in fair value of Bridge Note - Bifurcated Derivative   86,307
Change in fair value of PIPE Forward Contract Derivative   170,666
Changes in operating assets and liabilities:    
Prepaid and other current assets (457,605) 457,605
Accounts payable and accrued expenses 140,163 1,746,149
Accrued interest expense - Bridge Note   125,980
Income taxes payable   187,225
Net cash used in operating activities (600,113) (1,391,213)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (116,725,008) (350,000)
Cash withdrawn from Trust Account in connection with redemptions   110,472,253
Net cash provided by (used in) investing activities (116,725,008) 110,122,253
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock to Sponsor 25,000  
Proceeds from sale of Units, net of underwriting discounts paid 113,045,000  
Proceeds from sale of Private Placement Units 5,570,000  
Advances from related party 43,900  
Proceeds from Bridge Note   800,000
Payment of Financing Cost in Bridge Note   (61,800)
Proceeds from promissory note - related party 149,951 350,000
Repayment of promissory note - related party (602,720)  
Redemption of common stock   (110,472,254)
Payment of offering costs (145,998)  
Net cash (used in) provided by financing activities 118,085,133 (109,384,054)
Net Change in Cash 760,012 (653,014)
Cash - Beginning of period 0 760,012
Cash - End of period 760,012 106,998
Non-cash investing and financing activities:    
Warrants issued as financing cost in Bridge Promissory Note   8,552
Common stock issued as financing cost in Bridge Promissory Note   284,424
Offering costs paid through promissory note 457,769  
Deferred underwriting fee payable 4,370,000 $ 4,370,000
Operating cost paid through advances $ (5,000)