FAIR VALUE MEASUREMENTS - Significant inputs to fair value of convertible promissory note - related party (Details) - Promissory note - related party |
Mar. 31, 2023
USD ($)
$ / shares
Y
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Dec. 31, 2022
USD ($)
Y
$ / shares
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FAIR VALUE MEASUREMENTS | ||
Fair value convertible promissory note - related party | $ | $ 396,700 | $ 295,900 |
Warrant price | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | 0.08 | 0.02 |
Conversion price | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | 1.00 | 1.00 |
Expected term | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | Y | 0.32 | 0.24 |
Volatility | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | 2.980 | 2.632 |
Risk-free rate | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | 0.049 | 0.044 |
Discount rate | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | 0.059 | 0.062 |
Probability of completing a Business Combination | ||
FAIR VALUE MEASUREMENTS | ||
Measurement input | 0.20 | 0.150 |
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- Definition Value of input used to measure derivative liability. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. 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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