SDCL EDGE Acquisition Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Schedule of redemption of Class A ordinary shares


Class A ordinary shares subject to possible redemption as of December 31, 2022		$	204,541,163
Less:
Redemption of Class A ordinary shares			(72,546,420	)
Plus:
Remeasurement of carrying value to redemption value			9,974,792
Class A ordinary shares subject to possible redemption as of December 31, 2023			141,969,535
Plus:
Remeasurement of carrying value to redemption value			2,604,981
Class A ordinary shares subject to possible redemption as of March 31, 2024			144,574,516
Less:
Class A ordinary shares tendered for redemption			(89,302,174	)
Plus:
Remeasurement of carrying value to redemption value			2,563,523
Class A ordinary shares subject to possible redemption as of June 30, 2024		$	57,835,865

Schedule of basic and diluted net income per ordinary share


		For the Three Months Ended																For the Six Months Ended
		June 30, 2024								June 30, 2023								June 30, 2024								June 30, 2023
		Class A				Class B				Class A				Class B				Class A				Class B				Class A				Class B
Basic and diluted net (loss) income per share:
Numerator:
Net (loss) income		$	(1,933,201	)		$	(748,293	)		$	2,124,378			$	531,095			$	(6,019,866	)		$	(2,306,598	)		$	2,362,766			$	590,691
Denominator:
Weighted average ordinary shares			12,914,328				4,998,811				19,995,246				4,998,811				13,046,130				4,998,811				19,995,246				4,998,811
Basic and diluted net (loss) income per ordinary share		$	(0.15	)		$	(0.15	)		$	0.11			$	0.11			$	(0.46	)		$	(0.46	)		$	0.12			$	0.12