XML 57 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Summary Of Significant Accounting Policies (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Accounting Policies [Abstract]    
Summary of earning per share basic and diluted reconciliation
The following table reflects the calculatio
n
 of basic and diluted net income (loss) per share (in dollars, except per share amounts):
 
   
Three Months Ended
March 31,
 
   
2021
   
2020
 
Class A Common stock subject to possible redemption
          
Numerator: Earnings allocable to Class A common stock subject to possible redemption
          
Interest earned on marketable securities held in Trust Account
  $37,333   $1,088,046 
Unrealized gain on marketable securities held in Trust Account
   3,948    340,728 
Less: interest available to be withdrawn for payment of taxes
   (39,585)    (296,216) 
   
 
 
   
 
 
 
Net income attributable to Class A common stock subject to possible redemption
  $1,696   $1,132,558 
   
 
 
   
 
 
 
Denominator: Weighted Average Class A Common stock subject to possible redemption
          
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption
   28,793,444    28,488,312 
   
 
 
   
 
 
 
Basic and diluted net income per share, Class A common stock subject to possible redemption
  $
0.00
   $0.04 
   
 
 
   
 
 
 
Non-Redeemable
Common Stock
          
Numerator: Net Loss minus Net Earnings
          
Net (Loss) Income
  $(12,870,990)   $6,442,454 
Less: Net income allocable to Class A Common stock subject to possible redemption
   (1,696)    (1,132,558) 
   
 
 
   
 
 
 
Non-Redeemable
Net (Loss) Income
  $(12,872,686)   $5,309,896 
   
 
 
   
 
 
 
Denominator: Weighted Average
Non-Redeemable
Common Stock
          
Basic and diluted weighted average shares outstanding,
Non-redeemable
common stock
   10,737,806    11,565,826 
   
 
 
   
 
 
 
Basic and diluted net (loss) income per share,
Non-redeemable
common stock
  $(1.20)   $0.46 
   
 
 
   
 
 
 
 
(1)
The Company has not considered the effect of the warrants sold in the Initial Public Offering and private placement to purchase an aggregate of 24,137,500 shares in the calculation of diluted income (loss) per share, since the inclusion of such warrants would be anti-dilutive.
The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):
 
 
  
Year Ended
December 31,
2020
 
  
Year Ended
December 31,
2019
 
Class A Common stock subject to possible redemption
  
   
  
   
Numerator: Earnings allocable to Class A common stock subject to possible redemption
  
   
  
   
Interest earned on marketable securities held in Trust Account
  
$
1,492,477
 
  
$
632,256
 
Unrealized gain (loss) on marketable securities held in Trust Account
  
 
2,868
 
  
 
(5,729
) 
Less: interest available to be withdrawn for payment of taxes
  
 
(240,068
) 
  
 
(186,104
) 
 
  
 
 
 
  
 
 
 
Net income attributable to Class A common stock subject to possible redemption
  
$
1,255,278
 
  
$
440,423
 
 
  
 
 
 
  
 
 
 
Denominator: Weighted Average Class A Common stock subject to possible redemption
  
   
  
   
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption
  
 
27,639,376
 
  
 
28,129,383
 
 
  
 
 
 
  
 
 
 
Basic and diluted net income per share, Class A common stock subject to possible redemption
  
$
0.05
 
  
$
0.02
 
 
  
 
 
 
  
 
 
 
Non-Redeemable
Common Stock
  
   
  
   
Numerator: Net Loss minus Net Earnings
  
   
  
   
Net loss
  
$
(15,265,396
) 
  
$
(7,209,680
) 
 
  
Year Ended
December 31,
2020
 
  
Year Ended
December 31,
2019
 
Less: Net income allocable to Class A Common stock subject to possible redemption
  
 
(1,255,278
) 
  
 
(440,423
) 
 
  
 
 
 
  
 
 
 
Non-Redeemable
Net Loss
  
$
(16,520,674
) 
  
$
(7,650,103
) 
 
  
 
 
 
  
 
 
 
Denominator: Weighted Average
Non-Redeemable
common stock
  
   
  
   
Basic and diluted weighted average shares outstanding,
Non-redeemable
common stock
  
 
11,891,874
 
  
 
7,814,396
 
 
  
 
 
 
  
 
 
 
Basic and diluted net loss per share,
Non-redeemable
common stock
  
$
(1.39
) 
  
$
(0.98
)