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Statements of Cash Flows
5 Months Ended 12 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:    
Net loss $ (596,380) $ (6,480,701)
Interest earned on marketable securities held in Trust Account (154,572) (383,150)
Change in fair value of warrant liability 360,000 5,890,000
Transaction costs allocated to warrant liability 238,423
Prepaid income taxes (4,549)
Prepaid expenses (326,308) 179,329
Accounts payable and accrued expenses 95,139 174,312
Income taxes payable 16,225 (16,225)
Net cash used in operating activities (367,473) (640,984)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (100,000,000)
Cash withdrawn from Trust Account for franchise and income taxes 198,343
Net cash provided by (used in) investing activities (100,000,000) 198,343
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 98,000,000
Proceeds from sale of Private Placement Warrants 4,000,000
Repayment of promissory note – related party (183,876)
Payment of offering costs (235,896)
Net cash provided by financing activities 101,580,228
Net Change in Cash 1,212,755 (442,641)
Cash – Beginning of period 1,212,755
Cash – End of period 1,212,755 770,114
Supplemental cash flow information:    
Cash paid for income taxes 59,225
Non-cash investing and financing activities:    
Initial classification of Class A common stock subject to possible redemption 86,198,400
Change in value of Class A common stock subject to possible redemption (356,130) (6,480,710)
Deferred underwriting fee payable 3,500,000
Payment of offering costs through promissory note – related party 183,876
Deferred offering costs paid directly by shareholder in exchange for issuance of Class B common stock $ 25,000