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INCOME TAXES - Reconciliation between income tax benefit and the expected tax benefit (Details)
2 Months Ended 9 Months Ended
Mar. 31, 2021
Dec. 31, 2021
Reconciliation between income tax benefit and the expected tax benefit at the statutory rate    
Federal statutory rate 21.00% 21.00%
State rate, net of federal benefit 0.00% 0.00%
Non-deductible equity financing costs 0.00% (2.80%)
Change in valuation allowance (21.00%) (16.80%)
Effective tax rate 0.00% 1.40%