Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Operations

v3.22.4
Condensed Consolidated Statements of Operations - USD ($)
 11 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Operating and formation costs $ 105,070 $ 1,293,844
Franchise tax 178,142 201,626
Loss from operations (283,212) (1,495,470)
Interest and dividend income on investments held in Trust Account 1,459 3,320,716
Income (loss) before income taxes (281,753) 1,825,246
Income tax expense   (617,905)
Net income (loss) (281,753) 1,207,341
Net income attributable to non-controlling interest in subsidiary 92,738 66
Net income attributable to Beard Energy Transition Acquisition Corp. (189,015) 1,207,275
Class A Common Stock    
Net income attributable to Beard Energy Transition Acquisition Corp. $ 20,913,752 $ 1,630,019
Basic weighted average shares outstanding 2,258,914 23,001,250
Diluted weighted average shares outstanding 2,258,914 23,001,250
Basic net loss per share $ 9.26 $ 0.07
Diluted net loss per share $ 9.26 $ 0.07
Class V Common Stock    
Net income attributable to Beard Energy Transition Acquisition Corp. $ (21,102,767) $ (422,743)
Basic weighted average shares outstanding 5,044,187 5,751,250
Diluted weighted average shares outstanding 5,044,187 5,751,250
Basic net loss per share $ (4.18) $ (0.07)
Diluted net loss per share $ (4.18) $ (0.07)