Restatement of Previously Issued Financial Statements (Tables)

3 Months Ended

Mar. 31, 2021

Condensed Financial Information Disclosure [Abstract]

Schedule of financial statements

	As Previously Reported		Adjustments			As Restated
Balance Sheet as of December 31, 2020
Ordinary shares subject to possible redemption	$	2,149,607	$	13,215,384		$	15,364,991
Ordinary shares	$	2,410,382	$	(2,410,382	)	$	-
Retained earnings (accumulated deficit)	$	2,589,624	$	(10,805,002	)	$	(8,215,378	)
Total shareholders’ equity (deficit)	$	5,000,006	$	(13,215,384	)	$	(8,215,378	)

	As Previously Reported		Adjustments			As Restated
Balance Sheet as of March 31, 2021
Ordinary shares subject to possible redemption	$	1,979,445	$	13,597,949		$	15,577,394
Ordinary shares	$	2,580,544	$	(2,580,544	)	$	-
Retained earnings (accumulated deficit)	$	2,419,464	$	(11,017,405	)	$	(8,597,941	)
Total shareholders’ equity (deficit)	$	5,000,008	$	(13,597,949	)	$	(8,597,941	)

Schedule of statement of operations

	As Previously Reported			Adjustments			As Restated
Statement of Operations for the Three Months Ended March 31, 2020
Net income	$	402,558		$	-		$	402,558
Less: income attributable to ordinary shares subject to possible redemption	$	(479,809	)	$	479,809		$	-
Adjusted net loss	$	(77,251	)	$	77,251		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			11,487,992			11,487,992
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.09	)	$	(0.09	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,263,670			(1,061,912	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.02	)	$	(0.07	)	$	(0.09	)

	As Previously Reported			Adjustments			As Restated
Statement of Operations for the Three Months Ended March 31, 2021
Net loss	$	(170,160	)	$	-		$	(170,160	)
Less: income attributable to ordinary shares subject to possible redemption	$	(48	)	$	48		$	-
Adjusted net loss	$	(170,208	)	$	170,208		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			1,413,480			1,413,480
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.08	)	$	(0.08	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,417,482			(1,215,724	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.04	)	$	(0.04	)	$	(0.08	)

Schedule of statement of cash flows

	As Previously Reported		Adjustments			As Restated
Statement of Cash Flows for the Three Months Ended March 31, 2020
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	402,566	$	(402,566	)	$	-
Accretion of carrying value to redemption value	$	-	$	1,683,168		$	1,683,168

	As Previously Reported		Adjustments			As Restated
Statement of Cash Flows for the Three Months Ended March 31, 2021
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	170,162	$	(170,162	)	$	-
Accretion of carrying value to redemption value	$	-	$	212,403		$	212,403