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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:    
Allocation of net income, as adjusted $ 794,950 $ 11,045,567
Adjustments to reconcile net income to net cash used in operating activities:    
Change in fair value of warrant liability 123,062 (6,953,336)
Change in fair value of PIPE derivative liability   (4,566,000)
Change in fair value of non-redemption agreement liability (439,787)  
Interest earned on marketable securities held in Trust Account (3,090,086) (3,087,315)
Changes in operating assets and liabilities:    
Prepaid expenses 33,652 305,798
Due from Atlas Clear (58,828)  
Accounts payable and accrued expenses 628,164 1,634,174
Income taxes payable 189,038 536,853
CASH USED FOR OPERATING ACTIVITIES (1,819,835) (1,084,259)
Cash Flows from Investing Activities:    
Cash withdrawn from Trust Account to pay franchise and income taxes 1,374,898 351,474
Investment of cash into Trust Account (1,850,000)  
Cash withdrawn from Trust Account in connection with redemption 152,810,179  
CASH PROVIDED BY INVESTING ACTIVITIES 152,335,077 351,474
Cash Flows from Financing Activities:    
Proceeds from promissory note - related party   480,000
Repayment of advances from related party (70,500)  
Advances from related party 2,855,431 319,166
Redemption of Common Stock (152,810,179)  
CASH USED FOR FINANCING ACTIVITIES (150,025,248) 799,166
NET INCREASE (DECREASE) IN CASH 489,994 66,381
CASH AT BEGINNING OF YEAR 129,560 63,179
CASH AT YEAR END 619,554 129,560
Supplementary cash flow information:    
Cash paid for income taxes 537,000  
Supplemental disclosure of non-cash investing and financing activities:    
Initial Classification of non-redemption agreement liability 1,881,440  
Cancellation of admin fees 120,000  
Excise tax related to redemptions 1,528,101  
Accretion of Common Stock subject to possible redemption $ 4,008,446 $ 2,170,202