XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.1
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2020
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2020
Aug. 18, 2020
BALANCE SHEETS            
Warrant liability       $ 13,365,500 $ 13,365,500  
Total Liabilities $ 27,171     22,584,508 22,584,508  
Class A Common Stock Subject to Possible Redemption       203,568,640 203,568,640  
Additional Paid-in Capital       7,061,874 7,061,874  
Accumulated Deficit (1,000)     (2,062,769) (2,062,769)  
Stockholders' Equity Attributable to Parent (1,000)     5,000,009 5,000,009  
STATEMENTS OF OPERATIONS            
Change in fair value of warrant liability         236,500  
Transaction Costs         (837,355)  
Net loss $ (1,000)       $ (2,061,769)  
Basic and diluted weighted average shares outstanding, common stock subject to possible redemption         20,505,492  
Basic and diluted net earnings per share, common stock subject to possible redemption $ 0.00       $ 0.00  
Weighted average non-redeemable common shares outstanding, basic and diluted         6,238,411  
Basic and diluted net loss per non-redeemable common share $ 0.00       $ (0.89)  
STATEMENT OF CASH FLOWS            
Initial classification of warrant liability       13,602,000    
Initial classification of common stock subject to possible redemption         $ 204,793,060  
Change in value of common stock subject to possible redemption         (1,224,420)  
Restatement of warrants as derivative liabilities            
BALANCE SHEETS            
Warrant liability   $ 13,135,500 $ 13,135,500 13,365,500 13,365,500 $ 13,602,000
Total Liabilities   21,261,783 21,261,783 22,584,508 22,584,508 20,778,121
Class A Common Stock Subject to Possible Redemption   205,177,310 205,177,310 203,568,640 203,568,640 176,443,060
Additional Paid-in Capital   5,453,221 5,453,221 7,061,874 7,061,874 5,837,483
Accumulated Deficit   (454,099) (454,099) (2,062,769) (2,062,769) (838,356)
Stockholders' Equity Attributable to Parent   $ 5,000,010 $ 5,000,010 $ 5,000,009 $ 5,000,009 $ 5,000,003
Number of Class A common stock subject to redemption   20,517,731 20,517,731 20,356,864 20,356,864 17,644,306
STATEMENTS OF OPERATIONS            
Change in fair value of warrant liability   $ 466,499 $ 466,499   $ 236,500  
Transaction Costs   (837,355) (837,355)   (837,355)  
Net loss   $ (453,099) $ (453,099)   $ (2,061,769)  
Basic and diluted weighted average shares outstanding, common stock subject to possible redemption   18,952,768 18,952,768   20,323,974  
Basic and diluted net earnings per share, common stock subject to possible redemption   $ 0.00 $ 0.00   $ 0.00  
Weighted average non-redeemable common shares outstanding, basic and diluted   3,374,881 3,424,425   2,318,726  
Basic and diluted net loss per non-redeemable common share         $ (0.89)  
STATEMENT OF CASH FLOWS            
Net loss     $ (453,099)   $ (2,061,770)  
Allocation of initial public offering costs     837,356   837,356  
Initial classification of warrant liability     13,602,000   13,602,000  
Initial classification of common stock subject to possible redemption     204,793,060   204,793,060  
Change in value of common stock subject to possible redemption     384,250   (1,224,420)  
As Previously Reported | Restatement of warrants as derivative liabilities            
BALANCE SHEETS            
Total Liabilities   $ 8,126,283 8,126,283 $ 9,219,008 9,219,008 $ 7,176,121
Class A Common Stock Subject to Possible Redemption   218,312,810 218,312,810 216,934,140 216,934,140 190,045,060
Additional Paid-in Capital   5,082,496 5,082,496 6,461,152 6,461,152 5,000,263
Accumulated Deficit   (83,243) (83,243) (1,461,914) (1,461,914) (1,000)
Stockholders' Equity Attributable to Parent   $ 5,000,010 $ 5,000,010 $ 5,000,009 $ 5,000,009 $ 5,000,003
Number of Class A common stock subject to redemption   21,831,281 21,831,281 21,693,414 21,693,414 19,004,506
STATEMENTS OF OPERATIONS            
Net loss   $ (82,243) $ (82,243)   $ (1,460,914)  
Basic and diluted weighted average shares outstanding, common stock subject to possible redemption     15,112,852   16,131,141  
Basic and diluted net earnings per share, common stock subject to possible redemption   $ 0.00 $ 0.00   $ 0.00  
Weighted average non-redeemable common shares outstanding, basic and diluted   5,952,197 3,895,358   4,542,198  
Basic and diluted net loss per non-redeemable common share   $ (0.02) $ (0.02)   $ (0.32)  
STATEMENT OF CASH FLOWS            
Net loss     $ (82,243)   $ (1,460,914)  
Initial classification of common stock subject to possible redemption     218,395,060   218,395,060  
Change in value of common stock subject to possible redemption     (82,250)   (1,460,920)  
As Adjustments | Restatement of warrants as derivative liabilities            
BALANCE SHEETS            
Warrant liability   $ 13,135,500 13,135,500 $ 13,365,500 13,365,500 $ 13,602,000
Total Liabilities   13,135,500 13,135,500 13,365,500 13,365,500 13,602,000
Class A Common Stock Subject to Possible Redemption   (13,135,500) (13,135,500) (13,365,500) (13,365,500) (13,602,000)
Additional Paid-in Capital   370,725 370,725 600,722 600,722 837,220
Accumulated Deficit   $ (370,856) $ (370,856) $ (600,855) $ (600,855) $ (837,356)
Number of Class A common stock subject to redemption   (1,313,550) (1,313,550) (1,336,550) (1,336,550) (1,360,200)
STATEMENTS OF OPERATIONS            
Change in fair value of warrant liability   $ 466,499 $ 466,499   $ 236,500  
Transaction Costs   (837,355) (837,355)   (837,355)  
Net loss   $ (370,856) $ (370,856)   $ (600,855)  
Basic and diluted weighted average shares outstanding, common stock subject to possible redemption   18,952,768 3,839,915   4,192,832  
Basic and diluted net earnings per share, common stock subject to possible redemption   $ 0.00 $ 0.00   $ 0.00  
Weighted average non-redeemable common shares outstanding, basic and diluted   (2,577,316) (470,933)   (2,223,472)  
Basic and diluted net loss per non-redeemable common share     $ 0.02      
STATEMENT OF CASH FLOWS            
Net loss     $ (370,856)   $ (600,856)  
Allocation of initial public offering costs     837,356   837,356  
Initial classification of warrant liability     13,602,000   13,602,000  
Initial classification of common stock subject to possible redemption     (13,602,000)   (13,602,000)  
Change in value of common stock subject to possible redemption     466,500   236,500  
Class A Common Stock            
BALANCE SHEETS            
Common Stock       $ 329 329  
Stockholders' Equity Attributable to Parent       $ 329 $ 329  
Number of Class A common stock subject to redemption 0     20,356,864 20,356,864  
Class A Common Stock | Restatement of warrants as derivative liabilities            
BALANCE SHEETS            
Common Stock   $ 313 313 $ 329 $ 329 $ 301
Class A Common Stock | As Previously Reported | Restatement of warrants as derivative liabilities            
BALANCE SHEETS            
Common Stock   182 182 196 196 165
Class A Common Stock | As Adjustments | Restatement of warrants as derivative liabilities            
BALANCE SHEETS            
Common Stock   $ 131 $ 131 133 133 $ 136
Class B Common Stock            
BALANCE SHEETS            
Common Stock       575 575  
Stockholders' Equity Attributable to Parent       $ 575 $ 575