FAIR VALUE MEASUREMENTS - financial assets that are measured at fair value on a recurring basis (Details) - USD ($) |
Mar. 31, 2023 |
Dec. 31, 2022 |
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Assets | ||
Money market investments | $ 67,731,730 | $ 202,841,231 |
Liabilities | ||
Warrant liability | 1,280,000 | 320,000 |
Recurring | ||
Assets | ||
Money market investments | 67,731,730 | 202,841,231 |
Liabilities | ||
Promissory note - related party | 396,700 | 295,900 |
Recurring | Public Warrants | ||
Liabilities | ||
Warrant liability | 800,000 | 200,000 |
Recurring | Private Placement Warrants | ||
Liabilities | ||
Warrant liability | 480,000 | 120,000 |
Level 1 | Recurring | ||
Assets | ||
Money market investments | 67,731,730 | 202,841,231 |
Level 1 | Recurring | Public Warrants | ||
Liabilities | ||
Warrant liability | 800,000 | 200,000 |
Level 3 | Recurring | ||
Liabilities | ||
Promissory note - related party | 396,700 | 295,900 |
Level 3 | Recurring | Private Placement Warrants | ||
Liabilities | ||
Warrant liability | $ 480,000 | $ 120,000 |
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- References No definition available.
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- Definition The amount of cash, securities, or other assets held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof and which agreement is expected to terminate more than one year from the balance sheet date (or operating cycle, if longer) at which time the assets held-in-trust will be released or forfeited. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Fair value portion of notes payable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The fair value of shares that would be issued, determined under the conditions specified in the contract if the settlement were to occur at the reporting date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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