Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 1,076,578 $ 1,732,774
Prepaid expenses 327,260 708,821
Total current assets 1,403,838 2,441,595
Investments held in Trust Account 237,947,675 234,626,959
Total assets 239,351,513 237,068,554
Current liabilities:    
Accounts payable 3,350 4,129
Accrued expenses and other current liabilities 435,373 1,790
Accrued offering costs 175,000 175,000
Income tax payable 617,905  
Franchise tax payable 201,626 178,142
Due to Sponsor 1,425  
Total current liabilities 1,434,679 359,061
Deferred underwriting fee payable 8,050,000 8,050,000
Total liabilities 9,484,679 8,409,061
Commitments and Contingencies (Note 7)
Stockholders' Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Accumulated deficit (8,001,245) (5,887,803)
Total Beard Energy Transition Acquisition Corp. deficit (8,000,670) (5,887,228)
Non-controlling interest in subsidiary (80,172) (80,238)
Total stockholders' deficit (8,080,842) (5,967,466)
Total Liabilities, Redeemable Class A Common Stock and Stockholders' Deficit 239,351,513 237,068,554
Class A Common Stock    
Current liabilities:    
Class A common stock, $0.0001 par value, subject to possible redemption, 23,001,250 shares at redemption value 237,947,676 234,626,959
Stockholders' Deficit:    
Common stock, value 0 0
Class V Common Stock    
Stockholders' Deficit:    
Common stock, value $ 575 $ 575