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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities that were measured at fair value on a recurring basis
   December 31, 2021   Quoted Prices In Active Markets   Significant Other Observable Inputs   Significant Other Unobservable Inputs 
Description  (Audited)   (Level 1)   (Level 2)   (Level 3) 
Assets:                
U.S. Treasury Securities held in Trust Account*  $40,441,469   $40,441,469   $
      -
   $
-
 
                     
Liabilities:                    
Warrant liabilities  $490,000   $
-
   $
-
   $490,000 

 

   December 31, 2020   Quoted Prices In Active Markets   Significant Other Observable Inputs   Significant Other Unobservable Inputs 
Description  (Audited)   (Level 1)   (Level 2)   (Level 3) 
Assets:                
U.S. Treasury Securities held in Trust Account*  $48,249,909   $48,249,909   $
      -
   $
-
 
                     
Liabilities:                    
Warrant liabilities (restated)  $390,000   $
-
   $
-
   $390,000 

 

*included in cash and investments held in trust account on the Company’s consolidated balance sheets.

 

Schedule of the binomial model and Black-Scholes model
    December 31,
2021
    December 31,
2020
   

May 16,
2019

(Initial
measurement)

 
Input                  
Share price   $ 11.02     $ 10.54     $ 10.00  
Risk-free interest rate     1.21 %     0.10 %     2.18 %
Volatility     47 %     45 %     55 %
Exercise price   $ 11.50     $ 11.50     $ 11.50  
Warrant life     5 years       5 years       5 years